SYM FY26 profit shoots 26%
MG News | September 30, 2026 at 09:27 AM GMT+05:00
September 30, 2026 (MLN): Symmetry Group Limited (PSX: SYM) reported a
26% increase in its consolidated net profit for the fiscal year ended June 30,
2026, reaching Rs215.28m compared to Rs170.47m (restated) in the preceding year.
Alongside the financial results company declared a dividend
of Rs0.1 per share.
Reflecting this solid bottom-line performance, basic and
diluted earnings per share (EPS) for the year expanded to Rs0.76, up from
Rs0.60 in FY25.
The primary catalysts behind the performance were strong
top-line revenue growth across digital/technology services and an expansion in
gross profit.
Net revenue grew by 34% year-on-year to Rs1.03bn, up
from Rs767.42m in FY25.
Although the cost
of services rose 50% to Rs526.37m, gross profit expanded 19% to Rs499.21m
compared to Rs417.61m in the prior year.
On the operational front, administrative and selling
expenses grew 12% to Rs226.29m (up from Rs201.31m in FY25). Supported by core
volume gains, operating profit expanded 26% to Rs272.93m.
Below the operating line, SYM benefited from a 12%
reduction in debt-servicing outlays, with finance costs falling to Rs37.46m
(down from Rs42.75m in FY25).
Coupled with a 32% boost in "other income"
(Rs22.71m), profit before taxation jumped 31% to Rs242.88m (after accounting
for statutory levies of Rs12.86m).
The company absorbed a higher corporate taxation charge
of Rs27.60m for the year (up 81% from Rs15.26m in FY25).
Backed by 34% top-line revenue growth, expanded gross
margins, and reduced finance charges, Symmetry Group Limited securely closed
the fiscal year with its net profit reaching Rs215.28m.
|
STATEMENT OF PROFIT OR
LOSS FOR THE YEAR ENDED JUNE 30, 2026 (Rs.) |
|||
|
Description |
2026 |
2025 |
change % |
|
Revenue
- net |
1,025,587,448 |
767,415,118 |
33.6% |
|
Cost
of services |
(526,374,789) |
(349,800,393) |
50.5% |
|
Gross
profit |
499,212,659 |
417,614,725 |
19.5% |
|
Administrative
and selling expenses |
(226,287,394) |
(201,314,432) |
12.4% |
|
Operating
profit |
272,925,265 |
216,300,294 |
26.2% |
|
Other
income |
22,714,357 |
17,151,433 |
32.4% |
|
Other
expense |
(2,441,354) |
(2,096,400) |
16.5% |
|
Finance costs |
(37,461,786) |
(42,752,055) |
-12.4% |
|
Profit before levies and
taxation |
255,736,483 |
188,603,272 |
35.6% |
|
Levies |
(12,858,691) |
(2,864,995) |
348.8% |
|
Profit before taxation |
242,877,792 |
185,738,277 |
30.8% |
|
Taxation - net |
(27,596,041) |
(15,264,479) |
80.8% |
|
Profit after taxation |
215,281,751 |
170,473,798 |
26.3% |
|
Earnings per share -
basic and diluted (Rupees) |
0.76 |
0.60 |
26.7% |
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