$NCL Nishat Chunian Limited (NCL): 1QFY26 Result Review – By AKD Research
$NCL
Nishat Chunian Limited
Rs. 36.02
-2.39%
- Nishat Chunian Ltd. (NCL) announced its 1QFY26 results, reporting earnings of PkR522mn (EPS: PkR2.18) compared to PkR35mn (EPS: PkR0.15) in SPLY, up 15x YoY. The said improvement is attributable to the increase in gross margins and decline in f inance cost. Result came in line with our expectations.
- Revenue declined by 2%YoY to PkR22.9bn in 1QFY26 compared to PkR23.3bn in SPLY, due to 11%YoY lower domestic sales. However, exports increased by 23%YoY to PkR11.1bn (US$39.4mn) from PkR9.1bn (US$32.6mn) in SPLY.