Karachi: Tasdeeq Information Services Ltd (TISL) has announced a significant increase in its earnings per share (EPS) for the third quarter of 2026, with a reported figure of Rs0.05, marking a 3.8-fold increase compared to Rs0.01 in the same quarter of 2025. This rise is attributed primarily to increased sales, improved gross margins, and a notable rise in other income.

According to JS Global, the company's net sales reached Rs134.6 million, representing an 80% increase year-over-year, bringing the total for the first nine months of 2026 to Rs354.1 million, a 64% rise from the previous year. This surge in revenue is attributed to higher volumes, which also contributed to the company's gross margin increase to 79% in the third quarter of 2026 from 61% in the same period in 2025.

The report indicates that selling expenses rose to Rs18 million, a 40% increase year-over-year in the third quarter, with a cumulative nine-month total of Rs48.4 million, a 20% increase. Administrative expenses also saw a rise to Rs26.8 million, a 39% year-over-year increase for the quarter, totaling Rs93.8 million for the nine-month period, marking a 50% year-over-year growth.

Finance costs for TISL increased by 2.7 times to Rs0.84 million in the third quarter of 2026 from Rs0.30 million in the same period of 2025, with a nine-month total of Rs2.1 million, up 3.2 times year-over-year. The higher finance cost is linked to infrastructure financing and other additions. Other income rose notably to Rs5.1 million in the third quarter of 2026, compared to Rs0.44 million in the third quarter of 2025, contributing to a nine-month total of Rs6.7 million, a 55% year-over-year increase.

The company's effective tax rate for the third quarter of 2026 was approximately 11%, in contrast to a reversal of approximately 27% in the third quarter of 2025, resulting in a 12% effective tax rate for the first nine months of 2026.