Karachi: GOC (Pak) Limited, a player in the designated market category, unveiled its financial performance for the year ending June 30, 2026, during a corporate briefing session. The company reported a notable improvement in its profitability metrics, with a focus on the profit after taxation.
According to the financial results, the company's revenue for 2026 stood at 508.78 million rupees, a decrease from the previous year's figure of 472.32 million rupees. Despite the revenue drop, GOC (Pak) Limited achieved a gross profit of 174.55 million rupees, slightly up from 163.06 million rupees in 2025. The gross profit trajectory over the years has shown fluctuations, with a peak in 2023 at 253.77 million rupees.
Operating expenses for the year were reduced to 114.68 million rupees from 148.09 million rupees, aiding in a stronger profit before taxation, which increased to 71.48 million rupees from 37.60 million rupees in 2025. This improvement was bolstered by a decrease in finance costs, which settled at 1.12 million rupees, down from 1.15 million rupees the prior year.
In terms of profitability, the profit after taxation showed a significant move, surging to 52.48 million rupees from 25.83 million rupees in 2025. This increase is reflected in the earnings per share, which more than doubled to 7.14 rupees from 3.51 rupees in the previous year.
The taxation component saw an increase, rising to 19.00 million rupees from 11.77 million rupees in 2025. Despite this, the overall financial health of the company improved, as evidenced by a jump in profit after tax, contrasting with the profit after tax of 98.85 million rupees in 2024 and 153.76 million rupees in 2023.
According to information available from the Pakistan Stock Exchange (PSX), GOC (Pak) Limited's financial results indicate a robust recovery phase, marked by effective cost management and strategic financial decisions. The company's other income decreased to 11.81 million rupees from 21.54 million rupees, while the share of associate contributions also saw a reduction.
The financial report, dated October 12, 2026, highlights GOC (Pak) Limited's resilience in navigating the challenges of the market, resulting in a more than twofold increase in profit after tax compared to the previous year. As the company continues to adapt to market dynamics, the results underscore its commitment to enhancing shareholder value.