Kohinoor Industries Limited Reports Significant Decline in Quarterly Profit

Stock Exchange Announcements, StockExchangeAnnouncement

October 28, 2026

Lahore: Kohinoor Industries Limited has reported its financial results for the first quarter ended September 30, 2026, showing a significant decline in profit compared to the previous quarter. The company, which operates in the designated market category of industrial manufacturing, provided its un-audited financial statement on October 28, 2026.

According to the report, Kohinoor Industries Limited's rental income fell to 10,385,166 rupees from 21,488,304 rupees recorded in the quarter ending June 30, 2026. Other income also saw a considerable decrease, recording 3,892,457 rupees compared to 11,623,492 rupees in the previous quarter.

The company's operating expenses totaled 13,481,429 rupees, a slight decrease from 15,121,713 rupees in the previous period. Other expenses were reported at 34,562 rupees, down from 147,978 rupees. This resulted in total operating expenses of 13,515,991 rupees, compared to 15,269,691 rupees in the last quarter.

Operating profit for the quarter was reported at 761,632 rupees, a sharp decline from 17,842,105 rupees in the quarter ending June 30, 2026. Finance costs increased marginally to 2,555 rupees from 2,470 rupees. The share of profit from associates decreased to 217,139 rupees from 319,020 rupees.

According to information available from the Pakistan Stock Exchange (PSX), the profit before levies and income taxes fell to 976,216 rupees from 18,158,655 rupees. With no provision for levies this quarter, the profit before income taxes stood at 976,216 rupees, compared to 16,902,469 rupees in the previous quarter.

The provision for income taxes was reduced to 137,803 rupees from 492,878 rupees, resulting in a profit after income taxes of 838,413 rupees, significantly down from 16,409,591 rupees. This represents a very large or significant move in the company’s earnings performance.

The basic earnings per share also experienced a substantial decrease, reported at 0.03 rupees compared to 0.54 rupees in the previous quarter, further highlighting the company's challenging financial performance during the period.