LOADS profit more than triples to Rs271m in FY26

September 17, 2026 (MLN): Loads Limited (PSX: LOADS) posted a stellar performance for the year ended June 30, 2026, with its consolidated profit for the year more than tripling to Rs270.99m from Rs81.86m in the corresponding period last year.

Showing this exceptional bottom-line growth, the company's basic and diluted earnings per share (EPS) expanded to Rs1.40 from Rs0.97 (restated) in FY25.

The top-line showed strong growth, with net revenue rising 26% year-on-year to Rs7.58bn from Rs6.03bn in the prior year.

Cost of revenue rose at a slower pace of 24% to Rs5.85bn, allowing gross profit to expand by 31% to Rs1.73bn from Rs1.32bn showing improved margin management as revenue growth outpaced cost increases.

On the expenditure side, administrative, selling and general expenses rose 28% to Rs480.58m. Several new charges emerged in the current year with no prior year comparables an impairment of property, plant and equipment of Rs15.75m, a provision for expected credit loss on trade debt of Rs19.86m, and a provision for expected credit loss on sales tax of Rs3.67m.

Other expenses rose 36% to Rs83.14m from Rs61.36m. Other income, however, declined sharply by 80% to Rs36.44m from Rs185.35m a notable drag that partially offset the gross profit gains. Despite these headwinds, operating profit grew 9% to Rs1.16bn from Rs1.07bn.

Below the operating line, finance costs declined sharply by 26% to Rs354.53m from Rs480.76m a meaningful tailwind that amplified the operating profit growth and pushed profit before revenue taxes and income taxes up 38% to Rs809.59m from Rs586.31m.

Revenue taxes rose 48% to Rs2.75m from Rs1.86m, keeping profit before income taxes up 38% at Rs806.84m from Rs584.46m.

On the taxation front, current tax rose 8% to Rs538.69m from Rs497.41m.

Deferred tax swung to a credit of Rs2.83m from a charge of Rs5.19m last year. The combined income tax subtotal rose 7% to Rs535.85m from Rs502.60m a proportionally far smaller increase than pre-tax profit growth providing the amplifying effect that delivered the more than tripling in profit for the year.

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