Symmetry Group Limited Reports Robust Financial Growth Amid Increased Costs

Karachi: Symmetry Group Limited has reported substantial growth across all profit lines for the fiscal year ending June 30, 2026, despite facing increased service costs. The company's financial statements, disclosed during a corporate briefing session on November 10, 2026, reveal a strong performance anchored by a predominantly equity-funded balance sheet.

The audited financial results show a net revenue of approximately 1.03 billion Pakistani Rupees, marking a 34% increase year-over-year. Simultaneously, the cost of services experienced a significant rise of 50%, amounting to approximately 528.82 million PKR, driven primarily by enhanced delivery human resources as capacity expanded.

Gross profit for the year stood at approximately 496.77 million PKR, reflecting a 20% increase from the previous fiscal period. Operating profit rose by 26% to approximately 270.48 million PKR, while profit after tax saw a similar increase of 26%, reaching approximately 215.28 million PKR.

According to information available from the Pakistan Stock Exchange (PSX), Symmetry Group Limited's financial results underscore a strategic use of operating leverage, with administrative and selling expenses rising by 12% against a 34% increase in revenue. The company also reported a reduction in finance costs by 12%, attributed to the retirement of payroll financing and bill discounting.

The balance sheet as of June 30, 2026, shows total assets valued at approximately 3.27 billion PKR, with liabilities at 905 million PKR and equity amounting to approximately 2.36 billion PKR. The equity-to-liabilities ratio stands at 72% to 28%.

Additionally, the company's consolidated earnings per share (EPS) rose to 0.76 PKR from 0.60 PKR in the previous year, marking a 26% increase. The unconsolidated EPS saw a minor move, increasing by 3% to 0.57 PKR from 0.55 PKR.

The gross margin experienced a decline to 48.4% from 54.1% in the prior year. The company's tax expenses increased significantly by 123%, influenced by a decrease in export revenue share from 56% to 50%, coupled with new contracts from Jazz, taxed at approximately 7%.

Symmetry Group Limited's asset base includes independently revalued intellectual properties, Influsense and Cartsight, held within its UAE subsidiary, contributing to the robust financial growth reported for FY2026.