Popular Islamic Modaraba has released its unaudited financial results for the quarter ended September 30, 2026, showing stable performance despite slight declines in income and profit compared to the previous year.
- Total income for the quarter was PKR 8,039.61M, down from PKR 8,199.67M in the same period last year.
- Operating expenses increased to PKR 1,743.02M from PKR 1,507.92M, influenced by inflationary pressures.
- A significant reduction in depreciation on Ijarah assets, down 41.3% to PKR 455.63M, helped maintain profitability.
- Profit after taxation stood at PKR 3,908.63M, slightly lower than PKR 3,962.79M in the prior year.
- Earnings per certificate remained steady at PKR 0.20, reflecting consistent returns for certificate holders.
- The report is un-audited and covers the first quarter of the fiscal year.