Loads Limited Sees Moderate Growth in Third Quarter Revenue

Karachi: Loads Limited, a prominent player in the automobile industry, reported its financial results for the quarter ended September 30, 2026, reflecting a moderate growth in revenue. The company disclosed its figures on October 26, 2026.

The company’s revenue from contracts with customers increased to 2.09 billion rupees for the three-month period, up from 1.99 billion rupees in the same period the previous year. This marks a very large or significant move of 5.10%. The cost of revenue also rose, from 1.55 billion rupees to 1.64 billion rupees. Gross profit for the quarter stood at 452.25 million rupees, a slight increase from 437.36 million rupees reported in the previous year.

Administrative, selling, and general expenses were reported at 113.30 million rupees, compared to 102.01 million rupees in the same quarter last year. Consequently, the operating profit increased to 358.59 million rupees from 329.57 million rupees. The earnings before interest and taxes were further impacted by an ECL against mark-up receivables amounting to 105.78 million rupees and other expenses totaling 23.00 million rupees.

Other income for the period rose to 148.42 million rupees from 114.50 million rupees, contributing to the overall operating profit. Finance costs decreased to 57.66 million rupees compared to 77.18 million rupees in the previous year, resulting in a profit before income taxes of 300.93 million rupees, up from 252.39 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), the taxation for the period increased to 111.34 million rupees from 98.57 million rupees, leading to a net profit for the period of 189.59 million rupees, an improvement from 153.82 million rupees in the prior year.

Earnings per share, however, showed a minor move, decreasing from 0.57 rupees to 0.51 rupees for both basic and diluted shares. These financial results indicate a steady performance by Loads Limited amidst fluctuating market conditions.