Lahore: The Board of Directors of IBL Modaraba Management (Private) Limited, the management company of First IBL Modaraba (FIBLM), convened on January 20, 2026, to review and approve the financial results for the period ending September 30, 2025. The meeting, which took place at the company’s registered office in Lahore, resulted in no cash dividend, bonus certificates, right certificates, or any other entitlements being recommended.
The financial statement for the quarter ending September 30, 2025, revealed a net profit of 7,447,262 rupees, marking a moderate move with an increase from the previous year’s figure of 5,203,590 rupees. Profit per Modaraba Certificate rose to 0.34 rupees from 0.24 rupees in the same period last year, reflecting the company’s positive performance over the quarter.
According to information available from the Pakistan Stock Exchange (PSX), the total income for the quarter stood at 13,051,090 rupees, showing a slight increase from the 12,932,317 rupees recorded in the corresponding quarter of the previous year. Income from Ijarah operations was reported at 6,425,840 rupees, with profit from Musharaka investments contributing 2,403,180 rupees to the total income, despite a decrease from last year’s 5,416,483 rupees.
Operating expenses, including administrative costs and depreciation on assets under Ijarah, totaled 4,255,665 rupees, which is a decrease from the previous year’s 6,798,709 rupees. The reduction in expenses contributed to the overall increase in profit before management fees and taxation, which reached 7,757,564 rupees.
The financial position reported current assets of 228.41 million rupees, compared to non-current assets of 54.81 million rupees, bringing the total assets to 283.22 million rupees. The company’s liabilities included current liabilities of 31.58 million rupees, while non-current liabilities were relatively low at 733,000 rupees.
This report by IBL Modaraba Management reflects a stable financial performance for the quarter, with a focus on maintaining profitability amidst fluctuating income sources. The financial statements will be transmitted through the Pakistan Unified Corporate Action Reporting System (PUCARS) within the specified timeframe, providing further insights into the company’s financial health.