Popular Islamic Modaraba has announced its financial results for the year ended June 30, 2026, reporting a decline in profitability compared to the previous year.
- Reporting Period: Year ended June 30, 2026 (audited)
- Net Profit: PKR 15,035.94M (-41.5% YoY)
- Earnings Per Share (EPS): PKR 0.75 (down from PKR 1.39)
- Final Cash Dividend: PKR 0.70 per certificate (1.00%)
- Operating Profit decreased significantly, reflecting reduced income and higher operating expenses.
- The decline in profitability was primarily driven by lower income from diminishing musharaka financing and increased operational costs.