Karachi: Noventra Limited has reported a substantial increase in profit for the nine-month period ended September 30, 2026. The company's profit surged to Rs 4.85 billion, a notable rise from Rs 835.87 million recorded in the same period last year. This financial performance was detailed in a report released on October 26, 2026, highlighting the company's robust growth trajectory.

The report outlined that revenue from contracts with customers reached Rs 63.18 billion, up from Rs 60.54 billion in the previous year. The cost of sales witnessed a slight decrease to Rs 57.05 billion from Rs 58.19 billion, resulting in a gross profit of Rs 6.12 billion compared to Rs 2.35 billion in the prior year. This reflects a very large move in profitability.

A breakdown of expenses revealed that distribution and selling expenses amounted to Rs 169.51 million, while administrative and general expenses were Rs 704.04 million. Other operating expenses were recorded at Rs 588.64 million. Despite these expenditures, the company achieved an operating profit of Rs 4.66 billion, an increase from Rs 1.39 billion last year.

Other income saw an exponential increase to Rs 4.09 billion from Rs 462.60 million, contributing significantly to the company's bottom line. Finance costs also rose to Rs 839.76 million from Rs 457.53 million, yet the overall profit before taxation and levies was Rs 7.91 billion, a substantial improvement from Rs 1.37 billion previously.

According to information available from the Pakistan Stock Exchange (PSX), Noventra Limited's earnings per share rose to Rs 3.20, up from Rs 0.55, reflecting the company's improved profitability and market performance in the designated market category.

The company's taxation expenses increased to Rs 3.06 billion, compared to Rs 538.31 million in the previous year, yet the profit after taxation for the nine-month period still demonstrated impressive growth.

For the quarter ending September 30, 2026, the company reported revenue of Rs 18.47 billion, a decrease from Rs 20.37 billion in the same quarter last year. The cost of sales for the quarter was Rs 17.97 billion, resulting in a gross profit of Rs 495.77 million, highlighting a moderate move.

Overall, Noventra Limited's financial results for the nine-month period ended September 30, 2026, underscore a period of significant growth and increased profitability, positioning the company favorably in its market environment.