Lahore: Ghani Global Glass Limited has reported its financial results for the first quarter ending September 30, 2026, revealing a notable decline in gross sales and an increase in administrative expenses. The company, listed under the designated market category of the Pakistan Stock Exchange (PSX), faced challenges in maintaining its sales momentum compared to the same period last year.

For the first quarter of 2026, Ghani Global Glass Limited recorded a gross sale of 671.28 million rupees, a decrease from 915.36 million rupees in the corresponding period of 2025. This decrease was primarily driven by a reduction in local sales and the absence of export revenue, which had contributed 21.14 million rupees in the previous year.

After accounting for sales tax of 103.09 million rupees, net sales stood at 568.19 million rupees, down from 785.13 million rupees in 2025. The company managed to achieve a gross profit of 177.28 million rupees, an increase from 142.83 million rupees last year, indicating a significant move despite the decline in sales.

Administrative expenses rose to 35.97 million rupees from 25.44 million rupees, accompanied by an increase in selling and distribution expenses to 8.38 million rupees from 4.95 million rupees. Other operating expenses also saw an increase, totaling 4.51 million rupees compared to 2.13 million rupees the previous year. This resulted in total operating expenses amounting to 48.86 million rupees, up from 32.52 million rupees.

The company's profit from operations reached 131.43 million rupees, a slight increase from 123.45 million rupees in the same period last year. However, finance costs increased to 93.36 million rupees from 83.92 million rupees, impacting the bottom line.

According to information available from the Pakistan Stock Exchange (PSX), Ghani Global Glass Limited's profit before levy and taxation was reported at 38.07 million rupees, a minor move from 39.52 million rupees last year. After accounting for levy and final taxation of 7.10 million rupees, the profit before income tax stood at 30.97 million rupees, down from 36.40 million rupees.

The company reported a profit after taxation of 30.97 million rupees, an improvement from 24.37 million rupees in the previous year, with earnings per share increasing to 0.13 rupees from 0.10 rupees.