SYM 1QFY27 profit climbs 10%

October 29, 2026 (MLN): Symmetry Group Limited (PSX: SYM) reported a 10% increase in its condensed interim consolidated net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), reaching Rs51.42m compared to Rs46.96m in the corresponding period of the previous fiscal year.

Reflecting this bottom-line expansion, basic and diluted earnings per share (EPS) for the three-month period rose 13% to Rs0.18, up from Rs0.16 recorded in 3MFY26.

The primary catalyst driving performance was a massive  surge in top-line net revenue, which climbed to Rs383.96m from Rs188.38m in 3MFY26.

Cost of services rose to Rs187.87m compared to Rs76.59m, allowing gross profit to surge 75% to Rs196.09m against Rs111.80m in the comparative quarter. Gross profit margin settled at 51.07% compared to 59.35% in the prior-year period.

On the operational side, overheads expanded as administrative and selling expenses increased 88% to Rs118.25m from Rs62.79m. Despite the rise in operational overheads, strong revenue momentum propelled operating profit up 59% to Rs77.84m compared to Rs49.01m in 3MFY26.

Below the operating line, finance costs climbed 36% to Rs9.68m against Rs7.12m, while net other income contracted 82% to Rs1.79m down from Rs9.83m.

Consequently, profit before levies and taxation expanded 35% to Rs69.95m compared to Rs51.71m. Bottom-line growth was moderated by an almost four-fold jump in net taxation expense, which surged to Rs18.53m from Rs4.76m, leading Symmetry Group Limited to conclude the first quarter with a consolidated net profit of Rs51.42m.

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