The Thal Industries Corporation Limited has announced its financial results for the quarter ended December 31, 2025 (1QFY26), reporting a sharp improvement in profitability on the back of lower costs and stronger operating performance.

According to the company’s filing with the Pakistan Stock Exchange, Thal Industries posted a profit after tax of Rs365.4 million in 1QFY26, compared to Rs7.3 million in the same quarter last year. Earnings per share rose significantly to Rs24.32, from Rs0.49 in 1QFY25.

Net sales for the quarter declined to Rs4.97 billion, compared to Rs10.92 billion in the corresponding period last year. Despite lower revenues, effective cost management supported margins, with gross profit recorded at Rs940.3 million.

Operating profit stood at Rs517.0 million, while profit before tax increased to Rs514.6 million, reflecting a sharp reduction in finance costs and other expenses during the quarter. Finance costs declined substantially to Rs70.0 million, compared to Rs481.0 million in 1QFY25.

On the balance sheet side, the company maintained a solid equity position, while cash flow data showed improved operating performance despite higher working capital requirements. The Board did not announce any cash dividend for the quarter.

The results highlight Thal Industries’ improved profitability and cost discipline, despite a challenging demand environment, positioning the company more favorably going forward.