Orient Rental Modaraba has released its unaudited condensed interim financial statements for the quarter ended September 30, 2026, showing a positive performance compared to the same period last year.
- Revenue increased to PKR 690.07M, up 12.7% from PKR 612.05M in Q1 FY26.
- Gross profit rose to PKR 134.68M, compared to PKR 121.65M in Q1 FY26.
- Profit after tax (PAT) reached PKR 43.99M, significantly higher than PKR 29.03M in the previous year.
- Earnings per certificate improved to PKR 0.59 from PKR 0.39.
- Operating costs increased due to higher staff expenses, but financial costs decreased to PKR 19.10M from PKR 22.16M.
- The Modaraba's total assets stood at PKR 2,549.56M, slightly up from PKR 2,533.60M as of June 30, 2026.
- The company continues to navigate challenges in the generator rental segment but remains optimistic about future growth opportunities.