Karachi: Image Pakistan Limited announced a reduction in its net profit for the first quarter ended September 30, 2026, as the company faced higher distribution and administrative expenses compared to the previous year. The financial results, released on November 2, 2026, indicate a decrease in profitability despite maintaining steady revenue levels.

For the quarter from July to September 2026, Image Pakistan Limited reported a revenue of Rs. 996.50 million compared to Rs. 1,012.92 million during the same period in 2025, reflecting a very large or significant move in revenue. The company recorded a gross profit of Rs. 442.74 million, down from Rs. 505.06 million in the previous year.

Operating profit saw a notable decline from Rs. 302.78 million in the first quarter of 2025 to Rs. 208.29 million in the corresponding quarter of 2026. According to information available from the Pakistan Stock Exchange (PSX), this downturn in operating profit was influenced by increased distribution and selling expenses, which rose to Rs. 165.74 million from Rs. 137.44 million, and administrative expenses which climbed to Rs. 68.78 million from Rs. 65.33 million.

The company's profit before taxation fell to Rs. 158.47 million, marking a very large or significant move from the Rs. 252.80 million recorded a year earlier. After accounting for taxation of Rs. 2.08 million, Image Pakistan Limited's net profit after tax stood at Rs. 156.39 million, compared to Rs. 242.32 million in 2025.

Earnings per share were reported at Rs. 0.68, a decline from Rs. 1.05 in the previous year's first quarter. The financial performance reflects challenges in managing costs and maintaining profit margins amidst unchanged revenue streams.