Karachi: UDL International Limited has reported a substantial financial performance for the fiscal year ending June 30, 2026, despite market volatility and economic challenges. The company's standalone net sales for the year were recorded at Rs. 0.60 million, with a gross profit of Rs. 0.277 million. The relatively low sales figures are attributed to the business being in its nascent stages, having commenced operations only six months prior.
The company experienced a significant increase in investment and other income, which soared by Rs. 50.91 million to reach Rs. 104.45 million, marking a notable 95.07% increase. This growth was largely driven by robust stock market performance, allowing UDL International to realize substantial capital gains from its investment portfolio. However, the unrealized gain on investments saw a 43.96% decline, amounting to Rs. 12.98 million compared to Rs. 23.16 million in the previous year, due to a decrease in stock valuations at the end of the fiscal year.
According to information available from the Pakistan Stock Exchange (PSX), the total income of UDL International, including skincare, stood at Rs. 117.71 million, up from Rs. 76.71 million in the prior year, reflecting a growth of 53.45%. Operating expenses rose by 11.28% to Rs. 58.40 million, attributed mainly to increases in staff salaries and marketing expenditures. The company's net profit after taxation surged by 144.34% to Rs. 41.18 million, compared to Rs. 16.89 million in the previous financial year.
The unconsolidated earnings per share (EPS) improved to Rs. 1.17 from Rs. 0.48. Additionally, the company realized extra capital gains net of taxes amounting to Rs. 167.14 million, mainly due to the strong equity market and the buyback of Gillette shares by its parent company. These gains have not been recognized in the Profit and Loss account but are included in Other Comprehensive Income, contributing to an unappropriated profit in the statement of financial position that stood at Rs. 204.53 million as of June 30, 2026.
On a consolidated basis, UDL International reported a total income of Rs. 148.51 million, representing an increase of 36.23% from the previous year. Operating expenses increased by 6.43% to Rs. 97.80 million. However, the overall profitability was slightly impacted by a loss from the subsidiary, attributed to a lower KIBOR rate and inflation. The consolidated profit was Rs. 32.31 million, a significant improvement from Rs. 9.41 million in the previous financial year, with consolidated earnings per share (EPS) rising to Rs. 0.92 from Rs. 0.27.