Karachi: First Habib Modaraba has announced its financial results for the quarter ending September 30, 2026, marking a notable increase in its profit margins. Released on October 28, 2026, these results highlight the company's financial trajectory over the past year.
For the quarter ending September 30, 2026, First Habib Modaraba reported a profit after taxation of 207.22 million rupees, compared to 184.99 million rupees for the same period in 2025. This profit increase represents a significant move of 11.98%. Earnings per certificate saw an improvement from 1.67 rupees to 1.87 rupees.
Income from diminishing musharaka financing rose to 1.39 billion rupees from 1.12 billion rupees in the corresponding quarter of the previous year. The reversal in respect of diminishing musharaka financing was reported at 50.22 million rupees, up from 31.89 million rupees. There was a reduction in the provision in respect of diminishing musharaka financing instalments receivable, which was 4.45 million rupees compared to the previous 5.45 million rupees.
Administrative expenses increased to 81.87 million rupees from 75.10 million rupees. Other income for the quarter was 46.59 million rupees, marginally higher than the 46.58 million rupees recorded in the same period last year.
According to information available from the Pakistan Stock Exchange (PSX), financial charges for the quarter amounted to 1.00 billion rupees, up from 762.50 million rupees, reflecting a very large or significant move. The Modaraba Management Company's remuneration increased to 39.83 million rupees from 35.54 million rupees, with sales tax on this remuneration rising to 5.97 million rupees from 5.33 million rupees. Provision for Workers' Welfare Fund stood at 7.05 million rupees as opposed to 6.29 million rupees in the prior year.
Profit before taxation and levy was reported at 345.42 million rupees, an increase from 308.22 million rupees. After accounting for the levy, profit before taxation was 341.96 million rupees, up from 302.46 million rupees. Taxation for the quarter was 134.74 million rupees, compared to 117.47 million rupees in the same quarter of the previous year.
The financial data underscores First Habib Modaraba's growth and its strengthened position in the market for the quarter ended September 30, 2026.