Karachi: ISL has announced a significant increase in earnings for the fourth quarter of fiscal year 2026, with net profit after tax (NPAT) reaching PkR1.27 billion, reflecting a 108% year-on-year (YoY) and 60% quarter-on-quarter (QoQ) rise. However, the results were below expectations due to the unadjustment of SIDC remeasurement gain in the final quarter. For the full fiscal year 2026, ISL's NPAT increased by 136% YoY to PkR3.67 billion. The company declared a final cash dividend of PkR3.0 per share, bringing the total dividend for the year to PkR5.0 per share, a 100% increase from the previous year.
According to AKD Securities Limited, ISL's net revenues surged to PkR26.1 billion during the final quarter, marking a 57% YoY and 12% QoQ increase, with full-year sales totaling PkR93.3 billion, up 50% YoY. The gross profit for the final quarter doubled to PkR3.5 billion, representing a 99% YoY and 40% QoQ increase, with the fiscal year 2026 gross profit also rising by 101% YoY to PkR10.7 billion.
Operating expenses rose sharply to PkR1.2 billion, an 83% YoY and 53% QoQ increase, possibly due to higher fuel costs. Additionally, the finance cost increased by 61% YoY to PkR240 million, attributed to short-term borrowings more than doubling to PkR10.7 billion, compared to PkR4.5 billion in the same period last year.