Karachi: Pakistan Paper Products Limited has released its financial results for the third quarter ending on March 31, 2026, showcasing a rise in revenue despite the absence of any interim cash dividends or bonus shares. The announcement followed a board meeting held on April 27, 2026.
The company reported net sales of 1.35 billion rupees for the nine-month period, an increase from 1.28 billion rupees reported during the same period last year. This reflects a very large move of 5.42%. Similarly, the net sales for the quarter were 576.76 million rupees, up from 535.56 million rupees in the previous year, also indicating a very large move of 7.69%.
Despite the increase in revenue, the Board of Directors decided against declaring any interim cash dividends, bonus shares, or rights shares. The decision aligns with the company’s previous announcements, as no additional entitlements or corporate actions were reported. According to information available from the Pakistan Stock Exchange (PSX), the company’s strategic focus remains on strengthening its financial position and addressing liabilities.
The company’s gross profit for the nine-month period stood at 259.08 million rupees, up from 219.54 million rupees in the previous year. This results in a profit before taxation of 151.63 million rupees, marking a very large move of 29.23% compared to last year’s figures. Net profit for the period reached 107.04 million rupees, up from 88.10 million rupees, representing a very large move of 21.49%.
Administrative expenses increased to 57.16 million rupees from 46.61 million rupees, while selling and distribution expenses rose slightly to 17.65 million rupees from 17.51 million rupees. Despite these increases, the overall financial health of the company improved, as reflected by its operating profit of 172.99 million rupees, up from 147.25 million rupees previously.
Pakistan Paper Products Limited’s total assets as of March 2026 amounted to 2.36 billion rupees, up from 2.24 billion rupees in June 2025. Non-current assets slightly decreased to 1.37 billion rupees, while current assets rose to 991.08 million rupees, indicating a strategic enhancement in asset management.
Equity and reserves saw a rise to 1.82 billion rupees from 1.75 billion rupees. The company managed to reduce its long-term loans to 45.14 million rupees from 72.15 million rupees, while short-term borrowings increased to 151.53 million rupees from 85.74 million rupees.
The financial results of Pakistan Paper Products Limited reflect a robust performance despite economic challenges, with a focus on maintaining financial stability and growth. The full set of financial statements has been made available on the company’s website for further scrutiny.