TREET 1QFY27 profit jumps 41%

October 28, 2026 (MLN): Treet Corporation Limited (PSX: TREET) posted a 41% increase in its consolidated net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), reaching Rs185.16m compared to Rs131.72m recorded in the corresponding period of the previous fiscal year.

Reflecting this solid bottom-line growth, basic and diluted earnings per share (EPS) expanded 82% to Rs0.69 for the three-month period, up from Rs0.38 in 3MFY26.

The primary catalyst driving performance was gross margin expansion, which cushioned a slight 1% softening in top-line net revenue to Rs6.90bn from Rs6.98bn in 3MFY26.

A 6% reduction in the cost of revenue to Rs4.77bn (down from Rs5.10bn) enabled gross profit to surge 13% to Rs2.13bn compared to Rs1.89bn in the comparative quarter. Consequently, the company's gross profit margin expanded to 30.81% from 27.03% in 3MFY26.

On the operational side, overheads expanded as distribution costs rose 6% to Rs789.88m (up from Rs743.22m), administrative expenses grew 9% to Rs534.19m (up from Rs491.35m), and other operating expenses stood at Rs68.76m (up from Rs31.95m).

Total operating overheads rose 10% to Rs1.39bn. Operating profit expanded 18% to Rs732.62m compared to Rs621.49m recorded in the prior-year period.

Below the operating line, finance costs rose 5% to Rs293.87m compared to Rs280.48m in 3MFY26.

Other income fell 14% to Rs19.32m, while the share of profit from associates grew 20% to Rs32.39m against Rs27.09m.

Accounting for a statutory levy of Rs35.40m (up from Rs28.15m), profit before income tax rose 26% to Rs455.06m from Rs362.34m.

Following a taxation charge of Rs269.89m (up 17% from Rs230.62m), Treet Corporation Limited closed the first quarter with a consolidated net profit of Rs185.16m.

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