Orient Rental Modaraba has transmitted its Annual Report for the year ended June 30, 2026, detailing its financial performance and operational insights.
- Revenue for the year reached PKR 2,488.52M, a slight increase from PKR 2,460.40M in the previous year.
- Net Profit After Tax (PAT) declined to PKR 106.74M from PKR 213.99M, reflecting a significant drop due to increased tax burdens and higher operational costs.
- Earnings Per Certificate (EPS) decreased to PKR 1.42 from PKR 2.85 year-on-year.
- The Board has approved a cash dividend of 12% (PKR 1.2 per certificate) for the financial year.
- Operating expenses rose by 7.7% to PKR 1,990.59M, impacting profit margins.
- The effective tax rate surged to 68%, significantly affecting profitability.
- Total assets stood at PKR 2,533.60M, with total equity at PKR 1,537.36M.
- The Modaraba continues to face challenges from market demand shifts and regulatory pressures, particularly in the rental segment.