LAHORE: The Board of Directors of Punjab Modaraba Services (Private) Limited, the management company of First Punjab Modaraba, convened on June 9, 2026, to review the financial results for the period ending March 31, 2026. At the meeting, held at the company's office located on Egerton Road, Lahore, the board approved the accounts and announced that no cash dividend, bonus certificates, or right certificates will be issued for the period.

The financial results indicate stable asset management with total assets standing at Rs. 1,781,525,428 as of March 31, 2026, compared to Rs. 1,739,891,791 at the end of the previous quarter on December 31, 2025. This reflects a minor move of 2.39% in asset growth. According to information available from the Pakistan Stock Exchange (PSX), First Punjab Modaraba’s equity and liabilities are well-balanced, showing a Certificate Holders' Equity of Rs. 1,535,849,537, up from Rs. 1,535,396,586.

Non-current assets, including fixed assets under Ijarah arrangement and other long-term investments, totaled Rs. 967,202,551, showing a decrease from Rs. 974,128,881, reflecting prudent asset management. Current assets increased to Rs. 814,322,877 from Rs. 765,762,910, bolstered by higher cash and bank balances which rose to Rs. 103,140,272 from Rs. 81,460,724.

The company’s current liabilities have also seen an increase, rising to Rs. 219,278,915 from Rs. 177,675,243, primarily due to a significant rise in accrued finance cost to Rs. 78,933,830 from Rs. 25,115,312. Non-current liabilities remained relatively stable at Rs. 26,396,976.

The financial statements will be transmitted through PUCARS separately, in compliance with the specified timeline.

The designated market category for First Punjab Modaraba is the financial services sector, where it continues to operate while maintaining its strategic focus on asset and liability management.