Trust Securities and Brokerage Limited Reports Third Quarter Performance Amidst Significant Financial Changes

Karachi: Trust Securities and Brokerage Limited has reported its financial results for the third quarter ending March 31, 2026, revealing substantial shifts in its financial status. The data was released on April 28, 2026, following a board meeting held at 2:30 p.m. at the Business & Finance Centre, Karachi. The company announced that no cash dividends, bonus shares, or right shares would be distributed to shareholders.

The company’s total assets increased considerably to 1.30 billion rupees from 883.62 million rupees as of June 30, 2025. This growth was primarily driven by a notable rise in current assets, which surged from 799.10 million rupees to 1.22 billion rupees. A significant contributor to this increase was the cash and bank balances, which jumped to 318.71 million rupees from a previous 7.87 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), the company’s issued, subscribed, and paid-up capital increased to 750.00 million rupees from 300.00 million rupees. Shareholders’ equity also rose to 866.58 million rupees from 382.34 million rupees, reflecting a robust financial position.

In terms of financial performance, the operating revenue for the nine months ended March 31, 2026, stood at 322.56 million rupees, a significant increase from 190.16 million rupees in the same period of the previous year. However, the company reported a net loss after taxation of 34.24 million rupees for the nine months, compared to a profit of 11.67 million rupees for the same period last year. The loss was mainly attributed to a decrease in gains from short-term investments and increased operating expenses.

The earnings per share for the third quarter showed a loss of 0.12 rupees, in contrast to a profit of 0.09 rupees per share in the same quarter of the previous year. Despite the setback in earnings, the substantial increase in equity and assets indicates a potential for future growth.

Overall, Trust Securities and Brokerage Limited’s financial results for the third quarter of 2026 highlight a period of substantial financial adjustment, with increased capital but a notable loss in earnings. The company continues to navigate the challenges and opportunities within the designated market category.