TRG Pakistan's 1QFY26 profit nears Rs7bn

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MG News | October 30, 2025 at 09:52 AM GMT+05:00

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October 30, 2025 (MLN): TRG Pakistan Limited (PSX: TRG) reported a profit after taxation of Rs6.89bn for the quarter ended September 30, 2025, surging 2.9 times from Rs2.41bn in the corresponding quarter last year.

Earnings per share increased 2.9 times to Rs12.59 compared to Rs4.41 in 1QFY25.

Interest income declined 40% year-on-year to Rs303 thousand from Rs507 thousand, reflecting lower returns during the quarter.

Administrative and other expenses increased 41% to Rs191.3m from Rs135.7m last year.

The company recorded an operating loss of Rs191m, widening 41% from a loss of Rs135.2m in 1QFY25.

Share of profit in equity accounted investee increased 2.8 times to Rs8.3bn from Rs2.99bn in the previous year, providing the primary driver of profitability.

Profit before taxation surged 2.8 times to Rs8.11bn from Rs2.86bn in 1QFY25.

Taxation increased 2.8 times to Rs1.25bn from Rs450.1m in the prior period.

The company concluded 1QFY26 with a net profit of Rs6.89bn.

The exceptional profit growth was driven entirely by a 2.8-fold increase in share of profit from equity accounted investees, which more than offset the widening operating loss and higher administrative expenses, demonstrating strong performance from the company's strategic investments.

STATEMENT OF PROFIT OR LOSS FOR THE QUARTER ENDED SEPTEMBER 30, 2025 (Rs.000)

Description

2025

2024

change%

Interest Income

                       303

                       507

-40%

Administrative and other expenses

               (191,335)

                (135,731)

41%

Operating loss

               (191,032)

                (135,224)

41%

Share of profit in equity accounted investee

              8,304,456

              2,992,742

177%

Profit before taxation

              8,113,424

              2,857,518

184%

Taxation

             (1,245,668)

                (450,064)

177%

Profit after taxation

              6,867,756

              2,407,454

185%

Earnings per share - basic and diluted (Rupees)

12.59

4.41

185%

 

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