Zuma Resources Limited Reports Financial Turnaround with Rs. 151.45 Million Profit

Lahore: Zuma Resources Limited has reported a significant turnaround in its financial performance for the fiscal year ending June 30, 2026. The company's annual audited financial statements, approved by the board of directors on October 2, 2026, reveal a profit after taxation of Rs. 151.45 million, a marked improvement from the previous year's loss of Rs. 2.44 million.

According to the company's financial report, there was no cash dividend, bonus shares, or right shares recommended for the year. The total equity and liabilities for the company now stand at Rs. 769.40 million, up from Rs. 601.66 million in the previous fiscal year, marking a moderate move in the financial position of the company.

The statement of financial position shows an authorized share capital increase to Rs. 350.00 million from Rs. 150.00 million in 2025, while the issued, subscribed, and paid-up capital remained at Rs. 141.00 million. The accumulated profit of Rs. 1.65 million this year contrasts sharply with the loss of Rs. 149.80 million recorded in the previous year. Additionally, Zuma Resources Limited reported a new loan from directors amounting to Rs. 13.47 million.

According to information available from the Pakistan Stock Exchange (PSX), Zuma Resources Limited's revenue for the year totaled Rs. 171.38 million. The cost of revenue was reported as Rs. 4.50 million, resulting in a gross profit of Rs. 166.88 million. Administrative expenses increased to Rs. 11.97 million from Rs. 3.92 million last year, while the finance cost decreased slightly to Rs. 37.91 million from Rs. 40.13 million.

The company's earnings per share (EPS) saw a very large improvement, rising to Rs. 10.74 from a negative Rs. 0.17 in the previous year. When adjusted for a 1:5 share split, the EPS stands at Rs. 2.15, compared to a negative Rs. 0.03 in 2025.

Zuma Resources Limited's financial results demonstrate a significant recovery in profitability, positioning the company for potential future growth in the market. The absence of any proposed dividends or share issuance reflects a strategic decision to reinvest earnings back into the company.