Islamabad: Wah Nobel Chemicals Ltd. has released its financial results for the first quarter ending September 30, 2026, showing a mixed performance in various financial indicators. The report was dated October 28, 2026.
Gross sales for the three-month period stood at 1.61 billion rupees, a decline from the previous year's 1.67 billion rupees. Net sales also experienced a downturn, reaching 1.34 billion rupees compared to 1.41 billion rupees in the corresponding period of 2025. The cost of sales was recorded at 1.10 billion rupees, a reduction from 1.17 billion rupees a year earlier.
The company's gross profit for the quarter was 243.07 million rupees, down from 247.96 million rupees, reflecting a minor move in performance. Administrative expenses saw a slight decrease, totaling 7.45 million rupees, while selling and distribution expenses increased marginally to 10.10 million rupees.
Operating profit was reported at 225.53 million rupees, a decrease from 230.22 million rupees in the same quarter last year. A significant reduction was noted in finance costs, which fell to 0.28 million rupees from 16.30 million rupees. Other expenses increased to 16.47 million rupees, while other income rose to 6.30 million rupees from 1.80 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), Wah Nobel Chemicals Ltd. recorded a net profit after taxation of 135.50 million rupees, up from 122.19 million rupees in the prior year, marking a big move. The provision for taxation was slightly higher at 79.58 million rupees compared to 78.12 million rupees last year.
The earnings per share, both basic and diluted, increased to 15.06 rupees from 13.58 rupees, reflecting the company's improved profitability for the period. The total comprehensive income for the quarter mirrored the net profit, as there was no other comprehensive income reported.
These financial indicators position Wah Nobel Chemicals Ltd. in the designated market category, demonstrating its continued efforts to navigate economic conditions and maintain profitability.