Karachi: Dawood Equities Limited announced its financial results for the nine-month and quarter ending March 31, 2026, revealing a significant growth in profit and revenue. The Board of Directors, during a meeting held on April 27, 2026, decided against declaring any cash dividend, bonus issues, or rights shares.
The company reported a profit of 82.77 million rupees for the nine months ending March 31, 2026, marking a significant move of 70.38% compared to the 48.59 million rupees earned during the same period in 2025. The quarterly profit stood at 16.63 million rupees, showing a moderate move of 7.73% from the 15.43 million rupees recorded in the corresponding quarter of the previous year.
According to information available from the Pakistan Stock Exchange (PSX), Dawood Equities Limited’s assets rose to 810.72 million rupees as of March 31, 2026, compared to 794.07 million rupees in the previous year. The increase was largely attributable to a rise in trade debts and short-term investments.
The gross revenue for the nine-month period surged to 275.93 million rupees, representing a very large move of 55.72% from the prior year’s 177.14 million rupees. For the quarter, the gross revenue reached 84.09 million rupees, up from 59.04 million rupees, marking a very large move of 42.39%.
Despite the impressive revenue growth, the company faced higher administrative expenses, which increased to 57.76 million rupees from 46.04 million rupees year-on-year. The quarterly administrative expenses were 18.16 million rupees, compared to 14.58 million rupees in the previous year.
Net revenue for the nine months rose to 157.75 million rupees from 104.67 million rupees, while the quarterly net revenue increased to 53.55 million rupees from 34.49 million rupees. Other operating income showed an increase, reaching 12.57 million rupees compared to 10.56 million rupees in the previous year.
The company’s financial charges rose to 8.07 million rupees, up from 5.77 million rupees in the previous year, reflecting increased costs associated with financial liabilities.
Dawood Equities Limited’s equity and liabilities reached 810.72 million rupees, with trade and other payables decreasing to 130.22 million rupees from 311.70 million rupees, contributing to the overall financial stability of the company.
Dawood Equities Limited operates in the designated market category of financial services, with its financial statements for the quarter ending March 31, 2026, expected to be transmitted separately through the Pakistan Unified Corporate Action Reporting System (PUCARS) within the specified timeframe.