Lahore: Nimir Resins Limited has reported a substantial increase in profitability for the first quarter ending September 30, 2026, as detailed in the company's Directors' Review Report released on October 28, 2026.

The financial results reflect a notable performance with gross revenue reaching Rs. 3,894 million, up from Rs. 3,061 million in the same period last year, marking a very large or significant move of 27%. Net revenue followed suit, also showing a 27% rise to Rs. 3,292 million from Rs. 2,587 million. Gross profit surged by 64% to Rs. 447 million, demonstrating strengthened margins.

Operating profit exhibited an increase of 84%, amounting to Rs. 346 million compared to the previous year's Rs. 187 million. The profit before income tax and levies experienced a very large or significant move of 134%, standing at Rs. 248 million, a sharp rise from Rs. 106 million. Net profit for the period soared by 140% to Rs. 156 million from the previous Rs. 65 million, translating into earnings per share of Rs. 1.11, up from Rs. 0.46.

According to information available from the Pakistan Stock Exchange (PSX), this performance underscores the company's strong start to the financial year, marking significant progress in its financial metrics. The company's ability to maintain control over operating expenses contributed to this enhanced profitability.

The directors' report also highlights the generation of Rs. 246 million in net cash from operating activities, which was primarily used to decrease short-term borrowings by Rs. 356 million. This financial strategy underscores the company’s focus on sustaining growth and maintaining cost discipline.

Looking ahead, Nimir Resins Limited remains committed to closely monitoring key economic factors such as raw material prices and exchange rate volatility. The management is optimistic about achieving strong results in the forthcoming quarters, maintaining an emphasis on operational efficiency and strategic financial management.