Karachi: Tri-Star Mutual Fund Limited has released its financial results for the fiscal year ending June 30, 2026, revealing a notable increase in total assets alongside a decline in profit after taxation. The report, dated October 7, 2026, highlights key financial metrics that illustrate significant changes in the fund's performance over the past year.

According to the financial statement, Tri-Star Mutual Fund's total assets grew to 149.33 million rupees in June 2026 from 113.73 million rupees in June 2025. This represents a very large or significant move in asset growth, driven primarily by a substantial increase in current assets, notably investments, which rose to 149.05 million rupees from 112.61 million rupees. The increase in investments underscores the fund's strategic positioning in the designated market category.

On the liabilities side, current liabilities expanded to 29.92 million rupees from 27.39 million rupees. Despite this increase, the fund's net assets appreciated to 119.41 million rupees from 86.34 million rupees, marking a big move in net asset value per certificate, which jumped to 23.88 rupees from 17.27 rupees.

The report also indicates a decline in profit after taxation, which dropped to 2.56 million rupees for the year ending June 2026, down from 21.57 million rupees in the previous year. This represents a very large or significant move in declining profitability. The decrease in profit is attributed to a reduction in income from operations, which fell to 16.42 million rupees from 25.08 million rupees, coupled with an increase in operating expenses.

According to information available from the Pakistan Stock Exchange (PSX), the fund's total comprehensive income for the year amounted to 22.63 million rupees, up from 19.48 million rupees in the previous year. This increase was largely driven by other comprehensive income, which surged to 20.08 million rupees from a loss of 2.09 million rupees the prior year.

Despite the challenges faced in profitability, the fund witnessed an increase in earnings per certificate. With the net unrealized diminution on remeasurement of investments, earnings per certificate rose to 4.53 rupees from 3.90 rupees. Without the net unrealized diminution, however, earnings per certificate saw a decrease to 0.51 rupees from 4.31 rupees.

The financial results reveal a complex picture for Tri-Star Mutual Fund Limited, marked by significant asset growth and strategic investment increases, juxtaposed with a decline in operational profitability.