Karachi: Dadex Eternit Limited, a prominent player in its designated market category, has announced its financial results for the fiscal year ending June 30, 2026. In a meeting held on September 24, 2026, in Karachi, the Board of Directors decided against declaring any cash dividends, bonus shares, or right shares for its shareholders. The Annual General Meeting (AGM) has been scheduled for October 27, 2026, at the company's registered office.

The financial statements reveal a noteworthy turnaround in the company's performance. The company's net profit for the year stands at Rs. 479,682,000, a sharp contrast to the net loss of Rs. 407,047,000 recorded in the previous year. This change in profitability is reflected in the earnings per share, which rose to Rs. 44.56 from a loss of Rs. 37.82.

According to information available from the Pakistan Stock Exchange (PSX), the company's gross sales were reported at Rs. 936,616,000, down from Rs. 1,156,759,000 in 2025. However, net sales showed a big move, increasing to Rs. 959,910,000 from Rs. 780,943,000. This improvement is primarily attributed to the significant increase in other income, which surged to Rs. 951,660,000 from Rs. 118,067,000.

The company recorded operating profits of Rs. 592,679,000, a significant improvement from an operating loss of Rs. 259,677,000 in the previous fiscal year. Despite a substantial finance cost of Rs. 63,957,000, down from Rs. 120,423,000, the profit before income tax and levy was Rs. 528,722,000, compared to a loss of Rs. 380,100,000 last year.

Total assets of Dadex Eternit Limited increased to Rs. 2.97 billion from Rs. 2.87 billion, with non-current assets rising to Rs. 799.57 million from Rs. 572.10 million. Current assets also marked a significant increase, reaching Rs. 1.45 billion from Rs. 530.07 million in 2025. The company’s equity and liabilities were balanced at Rs. 2.97 billion.

The Board of Directors has resolved to close the Register of Members and Share Transfer Books from October 20, 2026, to October 27, 2026. Transfers received by the close of business on October 19, 2026, will be processed in time to reflect changes in the Register of Members as of that date.

Dadex Eternit Limited's financial statements, including the statement of profit or loss, financial position, changes in equity, and cash flows, will be disseminated through PUCARS at least 21 days before the AGM.