Karachi: ICC Industries Limited has announced a significant financial turnaround for the fiscal year ending June 30, 2026. The company's latest report, dated October 7, 2026, revealed substantial improvements across various financial metrics compared to the previous year.

The company's revenue surged to 65.23 million rupees, up from 50.15 million rupees in 2025. This increase represents a very large move in revenue generation, underscoring the company's robust market strategies and operational efficiencies. The direct cost associated with revenue also rose to 34.72 million rupees from 20.09 million rupees, reflecting the cost dynamics of the business.

ICC Industries Limited reported a gross profit of 30.51 million rupees, marginally higher than the 30.06 million rupees recorded the previous year. Administrative expenses saw a significant decline, dropping to 29.14 million rupees from 37.63 million rupees, while other expenses were reduced to 1.25 million rupees from 2.50 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), the company achieved an operating profit of 15.65 million rupees, a noteworthy recovery from the operating loss of 10.08 million rupees recorded in 2025. The finance costs increased to 252,200 rupees from 136,876 rupees, reflecting changes in financial management and interest obligations.

The company's profit before income tax and levies stood at 15.40 million rupees, a significant improvement from the loss of 5.96 million rupees in the prior year. After accounting for levies and taxation, ICC Industries reported a profit after taxation of 9.62 million rupees, a remarkable turnaround from the loss of 16.54 million rupees experienced in 2025.

The total other comprehensive income for the year was 6.28 million rupees, primarily due to actuarial gains on employee benefit obligations and a revaluation surplus on machinery. Consequently, the total comprehensive income for the year reached 15.90 million rupees, a substantial improvement from the comprehensive loss of 16.13 million rupees reported in the previous year.

Earnings per share, both basic and diluted, improved to 0.32 rupees from a loss of 0.55 rupees per share, highlighting a positive shift in shareholder value and market performance.