FNBM · First National Bank Modaraba
First National Bank Modaraba Reports Q1 2026 Financial Results
Official PSX filing title: Transmission of Quarterly Report for the Period Ended September 30, 2026
- Filed
- 28 October 2026 at 1:48 pm
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
Executive summary
First National Bank Modaraba reported a net loss after tax of PKR 1.47 million for the first quarter ended September 30, 2026, compared to a net loss of PKR 0.44 million in the same period last year. Total income stood at PKR 9.65 million while a winding-up petition remains pending before the Modaraba Tribunal.
Key takeaways
- Loss after tax widened to PKR 1.47 million for the first quarter ended September 30, 2026, compared to PKR 0.44 million in the comparative period.
- Loss per certificate stood at PKR 0.06 for Q1 2026 compared to PKR 0.02 in Q1 2025.
- Total income was reported at PKR 9.65 million, supported by profit on short-term investments of PKR 8.80 million.
- A business plan for the revival and restructuring of the Modaraba has been submitted to the National Bank of Pakistan for review.
- A winding-up petition filed by the Registrar Modaraba remains pending before the Modaraba Tribunal with a hearing fixed for November 25, 2026.
Filing details
Financial results
Quarterly · Unaudited · Standalone · 30 September 2026
Figures in Rupees
Reporting period
For the quarter ended
- Income
- 9,653,576 (prior 9,779,847)
- Profit after tax
- -1,472,516 (prior -437,490)
- EPS
- -0.06 (prior -0.02)
- Submitted a business plan for the revival and restructuring of operations to the sponsoring bank, National Bank of Pakistan.
Dividend and entitlement
- Type
- None
- Notes
- No dividend, bonus, or right entitlement declared in the quarterly financial statements transmittal announcement.
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- #modaraba
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