MERIT · Merit Packaging Limited
TRANSMISSION OF ANNUAL REPORT FOR THE YEAR ENDED JUNE 30, 2026
- Filed
- 8 October 2026 at 3:28 pm
- Category
- Financials
- Sentiment
- Good
- Impact
- High
AI executive summary
Merit Packaging Limited reported its annual results for the year ended June 30, 2026, achieving a net profit after tax of PKR 123.64 million compared to a massive loss of PKR 599.67 million in the previous year. The turnaround was primarily driven by a one-time gain of PKR 505.66 million from the disposal of its Gravure division, while the underlying business narrowed its operating losses amid lower revenue of PKR 3.43 billion.
Key takeaways
- Revenue for the year ended June 30, 2026 declined 34.12% YoY to PKR 3,426.87 million, primarily due to the disposal of the Gravure division.
- Gross profit rebounded strongly to PKR 59.58 million from a gross loss of PKR 28.73 million in the prior year.
- Operating profit improved to PKR 338.80 million, compared to an operating loss of PKR 350.30 million previously.
- Profit after tax turned positive at PKR 123.64 million (EPS: PKR 0.62) compared to a loss of PKR 599.67 million (LPS: PKR 3.00) in FY2025, largely supported by disposal gains.
- No dividend has been declared for the year in view of the Company's accumulated losses.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR
Reporting period
Year
- Income
- 3,426,871,319 (prior 5,280,932,621)
- Profit after tax
- 123,635,644 (prior -599,667,526)
- EPS
- 0.62 (prior -3)
- Disposed of the Gravure division to M/s Kompass Pvt. Limited for a consideration of Rs. 1 billion, generating a gain of Rs. 505.66 million.
- No dividend declared for the year ended June 30, 2026 due to accumulated losses.
- Formed a Sustainability Committee chaired by Mr. Farrukh Shauket Ansari to provide formal oversight of the ESG strategy.
Dividend and entitlement
- Type
- None
- Notes
- Transmission of annual financial statements with no mention of dividend, bonus, or right shares.
- #merit packaging
- #annual results
- #fy2026
- #gravure disposal
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.