LOADS posts over 2x jump in 9MFY26 profit

April 22, 2026 (MLN):  Loads Limited (PSX: LOADS) reported a massive 2.44-fold surge in its consolidated net profit for the nine months ended March 31, 2026, reaching Rs156.72m compared to Rs64.29m in the corresponding period last year.

The company’s net revenue from contracts with customers grew by 30% year-on-year, reaching Rs5.66bn up from Rs4.35bn.

The cost of revenue grew at a slightly faster pace of 32%, settling at Rs4.48bn compared to Rs3.40bn in the prior year.

Despite this slight margin compression from direct costs, the overall volume of sales allowed the gross profit to secure a healthy 25% increase, reaching Rs1.18bn.

On the operational front, overheads escalated. Administrative, selling, and general expenses rose by 37% to Rs366.40m.

Furthermore, other expenses increased by 25% to Rs47.02m, and the company faced a steep 74% decline in other income, which plummeted to Rs14.30m from Rs54.70m last year.

Despite the higher overheads and reduced secondary income, the strong gross margin expansion pushed the operating profit up by 12% to Rs779.11m.

The most significant boost to the company's profitability occurred below the operating line. LOADS successfully managed to slash its finance costs by 22%, dropping to Rs277.22m from a heavy Rs356.38m burden recorded last year.

This significant relief in debt-servicing costs propelled the profit before income taxes up by an impressive 48% to Rs501.88m.

Even after absorbing a 26% higher taxation expense of Rs345.16m, the company comfortably secured its multi-fold leap in the final net profit, closing the nine-month period at Rs156.72m.

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