Karachi: MCB Investment Management Limited released its financial results for the Pakistan Cash Management Fund for the quarter ending September 30, 2026, revealing a substantial decline in income. According to the report dated October 20, 2026, total income for the period was recorded at 34.11 million rupees, a very large decrease from the 132.33 million rupees noted in the same quarter last year.
The financial data shows that income from government securities fell dramatically to 4,537,000 rupees from 58,933,000 rupees year-over-year. Additionally, income from LOP and term deposit receipts was nonexistent this quarter, compared to 5,050,000 rupees in the previous year. On the other hand, income from TFC saw an increase, rising to 9,740,000 rupees from just 1,000 rupees the year before.
Profit on bank deposits also experienced a sharp decline to 15.83 million rupees from 61.66 million rupees. The capital gain on the sale of investments netted 3.85 million rupees, down from 7.67 million rupees in the previous year's quarter. Other income slightly decreased to 152,000 rupees from 166,000 rupees.
According to information available from the Pakistan Stock Exchange (PSX), total expenses for the quarter were reduced to 3.33 million rupees from 15.43 million rupees, marking an effort in cost management. Remuneration for the management company dropped to 1.81 million rupees from 11.38 million rupees, alongside reductions in Sindh sales tax on remuneration and trustee fees.
Despite the decline in income, net income from operating activities before taxation stood at 30.77 million rupees, a big move down from 116.90 million rupees in the corresponding period last year. There was no taxation recorded for the period, leaving net income after taxation unchanged at 30.77 million rupees.
The allocation of net income for the period showed that capital gains accounted for 3.85 million rupees, while income excluding capital gains amounted to 26.92 million rupees. The report highlights a continued downward trend in revenue streams for the quarter compared to the previous year.