Lahore: Azbard Nine Limited, a company listed in the designated market category of the Pakistan Stock Exchange, has disclosed its financial results for the fiscal year ending June 30, 2026. The company reported an increase in profit after income taxes, reaching 869.87 million rupees, up from 701.80 million rupees in the previous year. This financial disclosure was made following a board meeting held on October 1, 2026, at the company's registered office in Lahore.

The company's revenue from contracts with customers increased to 42.50 billion rupees from 40.60 billion rupees in the previous fiscal year, marking a notable increase in its top-line performance. Despite this revenue growth, the company reported no cash dividend, bonus shares, right shares, or any other corporate actions for this period.

According to information available from the Pakistan Stock Exchange (PSX), Azbard Nine Limited's gross profit increased to 5.05 billion rupees from 4.98 billion rupees. This improvement is attributed to the growth in revenue alongside a moderate move in selling and distribution expenses, which decreased to 1.78 billion rupees from 1.85 billion rupees. However, administrative expenses saw a moderate move upward, increasing to 1.24 billion rupees from 1.00 billion rupees.

The company's operating profit decreased to 2.59 billion rupees from 2.90 billion rupees despite the improved gross profit, owing to increased other expenses and impairment allowances. Finance costs showed a significant move downward, decreasing to 785.32 million rupees from 1.13 billion rupees, which positively impacted the profit before levies and income taxes, which rose to 1.49 billion rupees from 1.45 billion rupees.

The statement of financial position revealed an increase in total equity, climbing to 15.64 billion rupees from 14.80 billion rupees. Total liabilities also increased to 16.53 billion rupees from 14.42 billion rupees, driven by higher trade and other payables and short-term borrowings.

Azbard Nine Limited's financial performance for the fiscal year 2026 highlights its ability to increase profitability amidst rising revenues, despite challenges in managing operating expenses and liabilities.