Karachi: Diamond Industries Limited has reported its financial results for the quarter ended September 30, 2026, revealing a notable increase in profit compared to the same period last year. According to the company's unaudited condensed interim statement of profit or loss, released on October 28, 2026, the profit after taxation soared to 8,415,965 rupees from 1,751,923 rupees in the previous year’s corresponding quarter.

The company's net sales for the quarter were reported at 202.42 million rupees, while the cost of raw materials sold stood at 189.83 million rupees. This resulted in a gross profit of 12.59 million rupees, marking a very large or significant move of 6%. Despite an increase in administrative, selling, and distribution expenses, which totaled 9.20 million rupees compared to 5.70 million rupees in the previous year, Diamond Industries achieved a profit from operations of 3.39 million rupees, a turnaround from the loss of 5.70 million rupees recorded in the same quarter of 2025.

According to information available from the Pakistan Stock Exchange (PSX), the company's other income rose to 9.48 million rupees from 8.77 million rupees last year, contributing to the improved financial performance. There were no other charges or finance costs impacting this quarter's results.

Before taxation, the profit was recorded at 12.87 million rupees, up from 3.07 million rupees in the previous year, despite an increase in taxation to 4.46 million rupees compared to 1.32 million rupees previously.

Earnings per share for the quarter saw a big move, increasing to 0.94 rupees from 0.19 rupees in the same quarter of the previous year. Diamond Industries Limited's financial results for the third quarter highlight its growth trajectory in the market category.