Karachi: Ghani Global Holdings Limited has released its unaudited, standalone and consolidated financial statements for the first quarter ending September 30, 2026, showing mixed financial performance across its subsidiaries amid a challenging economic environment. The report, dated October 30, 2026, highlights the ongoing economic pressures in Pakistan, including rising inflation and geopolitical tensions affecting business operations and profitability.
The principal activity of Ghani Global Holdings Limited is the management of investments in its subsidiary and associated companies. During the period under review, the company focused on operational efficiency and prudent financial management to navigate the economic landscape.
On a standalone basis, Ghani Global Holdings reported a 32.8% increase in net sales, reaching Rs. 18.89 million. Despite higher other income of Rs. 13.50 million, profit after taxation decreased to Rs. 3.21 million from Rs. 7.35 million, primarily due to increased direct and administrative expenses. Basic and diluted earnings per share fell to Rs. 0.01 from Rs. 0.02 in the same period last year.
The consolidated performance showed a 9.5% increase in net sales to Rs. 2,860.30 million. Gross profit improved by 26.2% to Rs. 1,329.44 million. However, profit after taxation dropped to Rs. 381.11 million from Rs. 542.42 million due to higher finance costs and tax charges. Profit attributable to equity holders of the holding company was Rs. 193.03 million. According to information available from the Pakistan Stock Exchange (PSX), the company's financial movements indicate a moderate move in net sales and a big move in gross profit.
Ghani Chemical Industries Limited, a subsidiary, reported a strong start to the financial year with a 34.8% increase in gross sales to PKR 2,923 million. Net sales rose by 35.3%, while gross profit increased by 55.2% to PKR 1,410 million. The subsidiary's financial position strengthened, with shareholders' equity rising by 6.9% to PKR 12,456 million.
Conversely, Ghani Global Glass Limited faced a 27.6% decrease in net sales to PKR 568.187 million due to geopolitical tensions impacting export orders. Despite the sales decline, gross profit increased by 24.1% to PKR 177.276 million, improving the gross profit margin to 31.2%.
Ghani Chemworld Limited recorded net sales of Rs. 85.75 million but faced a gross loss of Rs. 259.10 million. Other income, primarily from the disposal of investments, resulted in an operating profit of Rs. 100.75 million. However, the company ended the quarter with a net loss of Rs. 67.70 million, compared to a net profit in the previous year, due to high finance costs and international trade challenges.
The company's strategic focus remains on operational efficiency and cost management to mitigate risks and sustain financial performance amidst ongoing economic uncertainties.