Javedan Corporation Limited has released its quarterly report for the period ended September 30, 2026, detailing a decrease in profit after tax despite significant gains from its investment in the Naya Nazimabad Apartment REIT.
- Revenue for the quarter reached PKR 1,698.22M, compared to PKR 305.82M in the same quarter last year.
- Profit after tax (PAT) fell to PKR 653.72M, down 10% from PKR 724.48M year-on-year.
- Earnings per share (EPS) decreased to PKR 1.72 from PKR 1.90 in the previous year.
- Consolidated PAT was reported at PKR 676.11M, a 5% decline from PKR 713.26M in the same period last year.
- The successful listing of the Naya Nazimabad Apartment REIT resulted in proceeds of PKR 1,013M and a combined gain of PKR 1,034M.
- The company is awaiting a No Objection Certificate (NOC) for construction on 600 acres of land, currently under legal review.
- Cash and cash equivalents increased to PKR 210.51M from PKR 116.83M at the end of the previous quarter.