Thal Limited profit jumps 40% to Rs3bn in 1QFY27

October 29, 2026 (MLN): Consolidated profit after taxation of Thal Limited (PSX: THALL) rose 40.46% year-on-year to Rs2.93bn for the three months ended September 30, 2026, compared with Rs2.08bn in the same period last year.

Earnings per ordinary share (EPS) increased 45.47% to Rs33.11 from Rs22.76 in the corresponding quarter last year.

The growth came from higher revenue, a 29% rise in gross profit, an 82% jump in other income and a higher share of profit from associates. Higher administrative expenses, other charges and a heavier tax charge partly offset the gains.

Net revenue grew 6.11% to Rs12.00bn from Rs11.31bn. Cost of sales rose at a much slower pace of 2.16% to Rs9.87bn from Rs9.67bn, lifting gross profit 29.42% to Rs2.12bn from Rs1.64bn.

Distribution and selling expenses fell 3.27% to Rs322.16m from Rs333.05m, while administrative expenses rose 38.68% to Rs671.47m from Rs484.17m. Other charges increased more than four-fold to Rs39.39m from Rs9.58m.

Other income rose 82.48% to Rs821.94m from Rs450.43m, which pushed operating profit up 51.22% to Rs1.91bn from Rs1.27bn.

Finance costs edged down 2.94% to Rs161.59m from Rs166.48m, while share of net profit of associates, after tax, grew 26.14% to Rs2.35bn from Rs1.87bn.

Profit before levy and taxation climbed 38.48% to Rs4.10bn from Rs2.96bn. Levy fell 71.19% to Rs8.66m from Rs30.07m, taking profit before taxation up 39.61% to Rs4.10bn from Rs2.93bn.

Taxation rose 37.52% to Rs1.17bn from Rs850.48m, which absorbed part of the gains and left profit after taxation at Rs2.93bn.

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