Karachi: Secure Logistics-Trax Group Limited has reported its financial results for the quarter ended June 30, 2026, showcasing notable changes in its financial position, particularly a substantial rise in total assets and an increase in revenue, accompanied by a decrease in gross profit.

The company, categorized under the designated market category, observed a 5.20% increase in total assets, amounting to 10.49 billion rupees as of June 30, 2026, compared to 9.98 billion rupees recorded at the end of December 2025. This very large move in asset valuation is attributed to an uptick in non-current and current assets, including a rise in deferred tax and a notable increase in trade debts and stores and spares.

According to information available from the Pakistan Stock Exchange (PSX), the group's revenue for the six-month period ending June 30, 2026, stood at 1.54 billion rupees, up from 1.46 billion rupees for the same period in the previous year. Despite this increase, the gross profit saw a decline from 802.09 million rupees to 558.17 million rupees, a big move change due to elevated cost of services.

The company's equity experienced growth, reaching 8.20 billion rupees, up from 7.61 billion rupees. This increase was driven by the accumulated profits, which rose to 2.77 billion rupees from 2.22 billion rupees. However, non-controlling interest slightly decreased, reflecting a minor move shift.

On the liabilities front, Secure Logistics-Trax Group Limited saw an expansion in non-current liabilities, which rose from 288.50 million rupees to 704.98 million rupees. This was primarily due to a newly recorded long-term loan of 528.16 million rupees. Meanwhile, current liabilities decreased to 1.59 billion rupees from 2.07 billion rupees, mainly as a result of settling amounts due to related parties.

In terms of profitability, the group's operating profit for the six-month period fell to 124.33 million rupees from the prior 252.13 million rupees. The finance costs slightly increased, while tax expenses rose significantly to 300.44 million rupees, impacting the overall profit after tax, which stood at 546.47 million rupees compared to 438.59 million rupees in the previous year.

Earnings per share for the period decreased to 1.30 rupees from 1.55 rupees, indicative of the financial shifts within the company. The financial report, dated August 12, 2026, underlines the complex dynamics at play within Secure Logistics-Trax Group Limited's financial health and market positioning.