Karachi: MCB Investment Management Limited has released its financial results for the MCB DCF Income Fund for the quarter ending September 30, 2026, revealing a net income of 317.48 million rupees, down from 477.89 million rupees during the same period in the previous year. This represents a very large or significant move of 33.56% in net income.

The report, dated October 20, 2026, highlights that total income for the quarter stood at 394.15 million rupees, compared to 575.64 million rupees in the previous year. The decline in income was primarily driven by reduced earnings from government securities, which fell to 303.82 million rupees from 434.45 million rupees. Other income streams included a capital loss on the sale of investments, which amounted to 30.42 million rupees, contrasting with a gain of 10.72 million rupees in the prior year.

Income from term finance certificates experienced a minor move, edging up to 43.20 million rupees from 43.03 million rupees. Mark-up on bank deposits and term deposit receipts increased to 102.47 million rupees from 86.45 million rupees, and dividend income amounted to 3.00 million rupees, where none was reported in the same quarter last year.

According to information available from the Pakistan Stock Exchange (PSX), unrealised diminution on re-measurement of investments classified 'at fair value through profit or loss' was recorded at 28.87 million rupees, compared to a minor appreciation of 0.32 million rupees in the previous year. Other income sources contributed 2.41 million rupees, up from 1.31 million rupees.

The financial statement notes total operating expenses decreased to 76.67 million rupees from 97.75 million rupees. Remuneration of the management company and associated taxes saw reductions, with management remuneration at 59.05 million rupees from 75.96 million rupees and the corresponding Sindh sales tax at 8.86 million rupees from 11.39 million rupees. Trustee remuneration and associated taxes also saw a decline.

Net income for the period after taxation stood at 317.48 million rupees, with income already paid on units redeemed recorded at 21.56 million rupees, resulting in an accounting income available for distribution, excluding capital gains, of 295.92 million rupees.