LOTCHEM · Lotte Chemical Pakistan Limited
Noventra Limited Reports Q3 2026 Financial Results and Acquisition Update
Official PSX filing title: Transmission of Quarterly Financial Statements for the Period Ended 30 September 2026
- Filed
- 26 October 2026 at 10:03 am
- Category
- Financials
- Sentiment
- Good
- Impact
- High
Executive summary
Noventra Limited (formerly Lotte Chemical Pakistan Limited) reported its financial results for the nine months and quarter ended September 30, 2026. For the nine-month period, profit after tax surged to PKR 4,851.03 million (EPS: PKR 3.20) compared to PKR 835.87 million (EPS: PKR 0.55) in the same period last year, significantly boosted by other income including the remeasurement gain on SIDC and insurance claim settlements. The company also progressed on its acquisition of a 56.19% stake in Engro Polymer & Chemicals Limited.
Key takeaways
- Profit after tax for the nine months ended September 30, 2026, surged to PKR 4,851.03 million (EPS: PKR 3.20) compared to PKR 835.87 million (EPS: PKR 0.55) in the corresponding period last year.
- Profit after tax for the standalone third quarter ended September 30, 2026, stood at PKR 539.10 million (EPS: PKR 0.36) compared to PKR 94.09 million (EPS: PKR 0.06) in Q3 2025.
- Net revenue from contracts with customers for the nine-month period rose slightly to PKR 63,175.24 million from PKR 60,541.12 million, while quarterly revenue declined 9% YoY to PKR 18,468.03 million.
- Operating profit for the nine months reached PKR 4,661.88 million compared to PKR 1,369.31 million in the prior year period.
- The board declared an interim cash dividend of PKR 1.50 per share (15%) for the year ending December 31, 2026.
- The company entered into a Share Purchase Agreement with Engro Corporation Limited on August 31, 2026, to acquire a 56.19% stake in Engro Polymer & Chemicals Limited at PKR 38.60 per share, subject to regulatory approvals.
Filing details
Financial results
Quarterly · Unaudited · Standalone · 30 September 2026
Figures in PKR '000
Reporting period
Nine months period ended
- Income
- 63,175,238 (prior 60,541,120)
- Profit after tax
- 4,851,026 (prior 835,868)
- EPS
- 3.2 (prior 0.55)
Quarter
Quarter ended
- Income
- 18,468,031 (prior 20,365,180)
- Profit after tax
- 539,104 (prior 94,089)
- EPS
- 0.36 (prior 0.06)
- Entered into a Share Purchase Agreement dated 31 August 2026 with Engro Corporation Limited to acquire approximately 56.19% ordinary share capital of Engro Polymer & Chemicals Limited at Rs 38.60 per share.
- Approved an increase in authorized share capital to Rs. 40,000,000,000 divided into 4,000,000,000 ordinary shares of Rs. 10 each at the EGM held on 22 September 2026.
- Changed the name of the company from Lotte Chemical Pakistan Limited to Noventra Limited as approved by members at the EGM on 22 September 2026.
Dividend and entitlement
- Type
- None
- Notes
- No dividend, bonus, or right entitlement declared in the quarterly financial statements transmission letter.
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- #noventra
- #financial-results
- #q3-2026
- #dividend
Please cross-check with the official PSX filing before making an investment decision.