Karachi: Parwaaz Financial Services Limited has reported a significant increase in its profits for the nine-month period ending September 30, 2026, according to its condensed interim financial statements released on October 30, 2026. The company's profit for the period stood at 45.69 million rupees, a notable rise from the 10.99 million rupees recorded during the same period in the previous year.

The company's interest income for the nine months fell to 458.33 million rupees from 566.09 million rupees in the prior year. In contrast, interest expenses decreased to 217.93 million rupees from 313.36 million rupees, resulting in a net interest income of 240.40 million rupees, a moderate move from the previous year's 252.74 million rupees.

Management fee and commission income contributed 39.36 million rupees, a rise from 28.00 million rupees recorded in the previous year. Revenue marginally decreased to 279.76 million rupees from 280.74 million rupees, indicating a minor move.

According to information available from the Pakistan Stock Exchange (PSX), Parwaaz Financial Services Limited experienced a net impairment reversal on financial instruments amounting to 56.46 million rupees, compared to a loss of 16.24 million rupees in the previous year. Administrative expenses increased to 264.50 million rupees, up from 244.07 million rupees.

The profit before taxation for the period rose dramatically to 71.72 million rupees from 20.43 million rupees, showing a very large or significant move. After accounting for taxation of 26.03 million rupees, the company reported a profit for the period of 45.69 million rupees, marking a very large or significant move when compared to the 10.99 million rupees profit in the previous year.

Earnings per share for the period increased to 0.30 rupees from 0.07 rupees in the previous year, reflecting the company's improved financial performance over the nine-month period.