Karachi: Ismail Industries Limited announced its financial results for the quarter ended September 30, 2026, revealing a decline in profits compared to the same period last year. The company's net profit after taxation stood at 741.28 million rupees, down from 1.07 billion rupees in 2025, marking a significant move of 30.4%.
During the reported quarter, Ismail Industries recorded gross sales of 34.56 billion rupees, up from 29.01 billion rupees in the previous year. After accounting for sales returns, discounts, and export rebates, the net sales for the period amounted to 29.76 billion rupees, representing a substantial increase from 25.13 billion rupees in 2025.
Despite the growth in sales, the company's gross profit margin was impacted by rising costs. The cost of sales rose to 23.93 billion rupees from 20.41 billion rupees, resulting in a gross profit of 5.82 billion rupees compared to 4.72 billion rupees in the same quarter last year.
Operating profit for the quarter was reported at 1.94 billion rupees, down from 2.11 billion rupees in 2025. Selling and distribution expenses increased to 3.33 billion rupees from 2.12 billion rupees, while administrative expenses rose to 554.41 million rupees from 485.50 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), other income for the period decreased to 296.33 million rupees from 433.93 million rupees. The finance cost showed a minor move, standing at 1.14 billion rupees compared to 1.15 billion rupees in 2025.
The company reported a profit before levies and taxation of 1.18 billion rupees, down from 1.63 billion rupees in the previous year. After accounting for levies and taxation, the profit after taxation was 741.28 million rupees.
The earnings per share for the quarter was 11.17 rupees, a decrease from 16.06 rupees in 2025. The total comprehensive income for the period was 740.80 million rupees, down from 1.07 billion rupees.
Ismail Industries, a key player in the designated market category, continues to navigate the challenges posed by rising operational costs and fluctuating market conditions. The company remains focused on strategies to enhance profitability and shareholder value in the coming quarters.