Karachi: Noventra Limited has announced its financial results for the quarter and nine months ending September 30, 2026, revealing a significant increase in profitability despite a notable decrease in revenue. The results were made public on October 15, 2026.
For the nine months ending September 2026, Noventra Limited reported revenue from contracts with customers of 63.18 billion rupees, down from 60.54 billion rupees in the same period in 2025. The revenue drop represents a big move in the company’s financial performance. Despite this, the company's gross profit surged to 6.12 billion rupees, a stark contrast from the 2.35 billion rupees reported for the nine months ending September 2025.
The quarter ending September 2026 saw revenue dip to 18.47 billion rupees from 20.37 billion rupees year-over-year. However, the company reported a profit after taxation of 4.85 billion rupees for the nine-month period, compared to 835.87 million rupees a year earlier, marking a very large or significant move in terms of profitability.
Operating profit for the nine-month period reached 4.66 billion rupees, up from 1.37 billion rupees in the same period the previous year. This was bolstered by other income, which increased substantially to 4.09 billion rupees from 462.60 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), the finance costs also rose to 839.76 million rupees from 457.53 million rupees, indicating strategic financial management adjustments.
On the balance sheet, Noventra Limited's total assets decreased to 35.88 billion rupees as of September 30, 2026, from 47.80 billion rupees at the end of December 2025. Non-current assets showed a decline, while current assets dropped to 28.49 billion rupees from 38.73 billion rupees, reflecting changes in stock-in-trade and trade debts.
The company's equity also decreased to 18.54 billion rupees, down from 23.53 billion rupees at the end of the previous year. Meanwhile, liabilities were reduced to 17.34 billion rupees from 24.27 billion rupees.
Earnings per share improved to 3.20 rupees for the nine-month period, compared to 0.55 rupees in 2025, showcasing the firm's enhanced financial performance against challenging revenue conditions.
This performance positions Noventra Limited in the designated market category of growth within the financial sector, as it continues to navigate a complex economic landscape.