Sindh Modaraba has released its unaudited financial results for the first quarter of FY 2026-2027, ending September 30, 2026, showing a significant increase in profitability compared to the previous year.
- Profit before tax rose to PKR 73.91M, up 44% from PKR 51.25M in Q1 FY 2025-2026.
- Net profit for the quarter reached PKR 52.47M, compared to PKR 36.39M in the same quarter last year.
- Earnings per certificate increased to PKR 1.17 from PKR 0.81 year-on-year.
- Diminishing Musharaka financing portfolio grew by PKR 108M, reflecting strong demand for Shariah-compliant financing.
- Total assets stood at PKR 3,250.13B, slightly down from PKR 3,257.72B in June 2026.
- Cash and cash equivalents significantly increased to PKR 1,094.41M from PKR 354.00M in the previous quarter.
- The company maintains a strong credit rating of AA- (long-term) and A1+ (short-term) as per VIS.