Last close · 16 Oct 2026
Rs 37.93 -0.39%
Quarterly · Q1 FY2025 – Q4 FY2026
Zarea Limited (ZAL) quarterly income statement
Zarea Limited reported revenue of Rs 666.7 mn for Q4 FY2026 (Apr – Jun 2026), up 24.0% on Q4 FY2025. Gross profit came to Rs 301.8 mn, a gross margin of 45.3%. Finance cost was Rs 44.6 mn, up 1,837.1% on Q4 FY2025. Tax of Rs 0 took 0.0% of pre-tax profit. Profit attributable to shareholders was Rs 547.2 mn, up 151.6% on Q4 FY2025.
| Rs mn | TTM to Jun 2026 | Q4 FY2026 Apr – Jun 2026 | Q3 FY2026 Jan – Mar 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,774.8 | 666.7 | 841.1 | 483.3 | 783.6 | 537.5 | 438.6 | 174.9 | 191.8 |
| Cost of revenue | (1,884.7) | (364.9) | (637.4) | (330.3) | (552.1) | (466.4) | (298.0) | (62.6) | (71.4) |
| Gross profit | 890.1 | 301.8 | 203.7 | 153.0 | 231.5 | 71.1 | 140.7 | 112.3 | 120.4 |
| Selling, general & administrative expenses | (245.2) | (20.2) | (66.5) | (85.2) | (73.3) | (68.6) | (35.7) | (19.3) | (20.1) |
| Operating profit | — | — | (259.7) | 577.1 | 559.8 | 219.8 | 105.0 | 216.6 | 107.9 |
| Finance cost | (70.8) | (44.6) | (23.0) | (1.5) | (1.6) | (2.3) | (0.9) | (0.1) | (0.0) |
| Profit before tax | 1,398.3 | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Taxation | — | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | — |
| Profit after tax | 1,398.3 | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Profit attributable to shareholders | — | — | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Per share & other | |||||||||
| EPS – basic (Rs) Rs | — | — | (1.08) | 2.19 | 2.13 | 0.83 | 0.51 | 0.83 | 0.41 |
| EPS – diluted (Rs) Rs | — | — | (1.08) | 2.19 | 2.13 | 0.83 | 0.51 | 0.83 | 0.41 |
| Dividend per share (Rs) Rs | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | — | — | (245.5) | 585.4 | 565.0 | 223.8 | 109.1 | 218.1 | 109.5 |
| Depreciation & amortisation | — | — | 14.2 | 8.3 | 5.2 | 4.0 | 4.1 | 1.4 | 1.6 |
| Weighted average shares mn | — | — | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 |
| Rs mn | Q4 FY2026 Apr – Jun 2026 | Q3 FY2026 Jan – Mar 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | +24.0% | +91.8% | +176.3% | +308.5% | — | — | — | — |
| Cost of revenue | -21.8% | +113.9% | +427.3% | +673.2% | — | — | — | — |
| Gross profit | +324.3% | +44.8% | +36.3% | +92.2% | — | — | — | — |
| Selling, general & administrative expenses | -70.6% | +86.3% | +340.4% | +265.5% | — | — | — | — |
| Operating profit | — | -347.4% | +166.4% | +418.9% | — | — | — | — |
| Finance cost | +1,837.1% | +2,392.8% | +2,519.0% | +6,905.2% | — | — | — | — |
| Profit before tax | +151.6% | -311.5% | +165.8% | +417.6% | — | — | — | — |
| Taxation | — | — | — | — | — | — | — | — |
| Profit after tax | +151.6% | -311.5% | +165.8% | +417.6% | — | — | — | — |
| Profit attributable to shareholders | — | -311.5% | +165.8% | +417.6% | — | — | — | — |
| Per share & other | ||||||||
| EPS – basic (Rs) | — | -311.5% | +165.8% | +417.6% | — | — | — | — |
| EPS – diluted (Rs) | — | -311.5% | +165.8% | +417.6% | — | — | — | — |
| Dividend per share (Rs) | 0.0% | — | — | — | — | — | — | — |
| EBITDA | — | -325.1% | +168.5% | +415.9% | — | — | — | — |
| Depreciation & amortisation | — | +246.7% | +484.4% | +215.1% | — | — | — | — |
| Weighted average shares | — | — | — | — | — | — | — | — |
Change against the same quarter a year earlier; shown when the earlier figure is positive.
| Rs mn | Q4 FY2026 Apr – Jun 2026 | Q3 FY2026 Jan – Mar 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Cost of revenue | (54.7%) | (75.8%) | (68.3%) | (70.5%) | (86.8%) | (67.9%) | (35.8%) | (37.2%) |
| Gross profit | 45.3% | 24.2% | 31.7% | 29.5% | 13.2% | 32.1% | 64.2% | 62.8% |
| Selling, general & administrative expenses | (3.0%) | (7.9%) | (17.6%) | (9.4%) | (12.8%) | (8.1%) | (11.1%) | (10.5%) |
| Operating profit | — | (30.9%) | 119.4% | 71.4% | 40.9% | 23.9% | 123.8% | 56.2% |
| Finance cost | (6.7%) | (2.7%) | (0.3%) | (0.2%) | (0.4%) | (0.2%) | (0.0%) | (0.0%) |
| Profit before tax | 82.1% | (33.6%) | 119.1% | 71.2% | 40.5% | 30.5% | 123.8% | 56.2% |
| Taxation | 0.0% | 0.0% | 0.0% | — | 0.0% | 0.0% | 0.0% | — |
| Profit after tax | 82.1% | (33.6%) | 119.1% | 71.2% | 40.5% | 30.5% | 123.8% | 56.2% |
| Profit attributable to shareholders | — | (33.6%) | 119.1% | 71.2% | 40.5% | 30.5% | 123.8% | 56.2% |
| Per share & other | ||||||||
| EBITDA | — | (29.2%) | 121.1% | 72.1% | 41.6% | 24.9% | 124.7% | 57.1% |
| Depreciation & amortisation | — | 1.7% | 1.7% | 0.7% | 0.7% | 0.9% | 0.8% | 0.9% |
Each line as a percentage of revenue.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. TTM = the latest four quarters added together. Updated 17 Oct 2026.
All reported line items 78
| Rs mn | Q4 FY2026 Apr – Jun 2026 | Q3 FY2026 Jan – Mar 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Goods & Services | 666.7 | 841.1 | 483.3 | 783.6 | 537.5 | 438.6 | 174.9 | 191.8 |
| Sales of Goods & Services - Net - Unclassified | 666.7 | 841.1 | 483.3 | 783.6 | 537.5 | 438.6 | 174.9 | 191.8 |
| Revenue from Business Activities - Total | 666.7 | 841.1 | 483.3 | 783.6 | 537.5 | 438.6 | 174.9 | 191.8 |
| Cost of Operating Revenue | 364.9 | 637.4 | 330.3 | 552.1 | 466.4 | 298.0 | 62.6 | 71.4 |
| Cost of Revenues - Total | 364.9 | 637.4 | 330.3 | 552.1 | 466.4 | 298.0 | 62.6 | 71.4 |
| Selling, General & Administrative Expenses - Total | 20.2 | 66.5 | 85.2 | 73.3 | 68.6 | 35.7 | 19.3 | 20.1 |
| Other Operating Expense/(Income) - Net | — | 396.9 | (509.3) | (401.6) | (217.3) | — | (123.7) | (7.5) |
| Other Operating Income - Total | — | — | 509.3 | — | — | — | — | — |
| Gross Profit - Industrials/Property - Total | 301.8 | 203.7 | 153.0 | 231.5 | 71.1 | 140.7 | 112.3 | 120.4 |
| Operating Expenses - Total | — | 1,100.9 | (93.8) | 223.8 | 317.7 | 333.7 | (41.7) | 84.0 |
| Operating Profit before Non-Recurring Income/(Expense) | — | (259.7) | 577.1 | 559.8 | 219.8 | 105.0 | 216.6 | 107.9 |
| Financing Income/(Expense) - Net - Total | (44.6) | (23.0) | (1.5) | (1.6) | (2.3) | 28.7 | (0.1) | (0.0) |
| Interest Expense - Net of (Interest Income) | 44.6 | 23.0 | 1.5 | 1.6 | 2.3 | 0.9 | 0.1 | 0.0 |
| Other Operating Expense | — | — | 0.0 | — | — | — | — | — |
| Interest Expense - Net of Capitalized Interest | 44.6 | 23.0 | 1.5 | 1.6 | 2.3 | 0.9 | 0.1 | 0.0 |
| Non-Interest Financial Income/(Expense) - Total | — | — | — | — | — | 29.6 | — | — |
| Other Non-Operating Income/(Expense) - Total | — | (0.0) | — | (0.0) | — | — | — | — |
| Normalized Pre-tax Profit | — | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Sale of Investments Held for Sale, Maturity & Trading - Gain/(Loss) | — | — | — | — | — | 29.6 | — | — |
| Provision for Income Tax Expense- Unclassified | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | — |
| Income before Taxes | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Income Taxes | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | — |
| Net Income after Tax | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Income before Discontinued Operations & Extraordinary Items | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Net Income before Minority Interest | — | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Net Income after Minority Interest | — | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Income Available to Common Shares | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| DPS - Common - Gross - Issue - By Period End Date Rs | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Income available to Common excluding Extraordinary Items | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Shares used to calculate Basic EPS - Total mn | — | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | — | (1.08) | 2.19 | 2.13 | 0.83 | 0.51 | 0.83 | 0.41 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | — | (1.08) | 2.19 | 2.13 | 0.83 | 0.51 | 0.83 | 0.41 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | — | (1.08) | 2.19 | 2.13 | 0.83 | 0.51 | 0.83 | 0.41 |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Earnings Allocation Factor - Basic - Issue Specific | — | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Basic EPS - Issue Specific mn | — | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | — | (1.08) | 2.19 | 2.13 | 0.83 | 0.51 | 0.83 | 0.41 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | — | (1.08) | 2.19 | 2.13 | 0.83 | 0.51 | 0.83 | 0.41 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | — | (1.08) | 2.19 | 2.13 | 0.83 | 0.51 | 0.83 | 0.41 |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Diluted Income available to Common excluding Extraordinary Items | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Shares used to calculate Diluted EPS - Total mn | — | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | — | (1.08) | 2.19 | 2.13 | 0.83 | 0.51 | 0.83 | 0.41 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | — | (1.08) | 2.19 | 2.13 | 0.83 | 0.51 | 0.83 | 0.41 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | — | (1.08) | 2.19 | 2.13 | 0.83 | 0.51 | 0.83 | 0.41 |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Earnings Allocation Factor - Diluted - Issue Specific | — | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Diluted EPS - Issue Specific mn | — | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | — | (1.08) | 2.19 | 2.13 | 0.83 | 0.51 | 0.83 | 0.41 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | — | (1.08) | 2.19 | 2.13 | 0.83 | 0.51 | 0.83 | 0.41 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | — | (1.08) | 2.19 | 2.13 | 0.83 | 0.51 | 0.83 | 0.41 |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Announcement Date Rs | — | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | — | 0.00 | 0.00 | 0.90 | 0.00 | 0.00 | 0.00 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | 591.8 | (259.7) | 577.1 | 559.8 | 219.8 | 105.0 | 216.6 | 107.9 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | — | (245.5) | 585.4 | 565.0 | 223.8 | 109.1 | 218.1 | 109.5 |
| Depreciation, Depletion & Amortization - Total | — | 14.2 | 8.3 | 5.2 | 4.0 | 4.1 | 1.4 | 1.6 |
| Normalized after Tax Profit | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Normalized Net Income from Continuing Operations | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Normalized Net Income - Bottom Line | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Earnings before Interest & Taxes (EBIT) - Normalized | — | (259.7) | 577.1 | 559.8 | 219.8 | 134.6 | 216.6 | 107.9 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | — | (245.5) | 585.4 | 565.0 | 223.8 | 138.7 | 218.1 | 109.5 |
| Interest Expense | 44.6 | 23.0 | 1.5 | 1.6 | 2.3 | 0.9 | 0.1 | 0.0 |
| Operating Expenses | 74.9 | 1,100.9 | (93.8) | 223.8 | 317.7 | 333.7 | (41.7) | 84.0 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 20.2 | 66.5 | 85.2 | 73.3 | 68.6 | 35.7 | 19.3 | 20.1 |
| Income before Taxes & Provision for Loan Losses | 547.2 | (282.7) | 575.6 | 558.2 | 217.5 | 133.7 | 216.6 | 107.8 |
| Cost of Revenue including Operation & Maintenance (Utility) - Total | 364.9 | 637.4 | 330.3 | 552.1 | 466.4 | 298.0 | 62.6 | 71.4 |
| Cost of Revenues excluding Depreciation | — | 637.4 | 330.3 | 552.1 | 466.4 | 298.0 | 62.6 | 71.4 |
| DPS - Common - Gross - Issue - By Payable Date Rs | — | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | — | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | — | — | 577.1 | — | 219.8 | 134.6 | 216.6 | — |
| Operating Expenses excluding Non-Cash Charges - Total | — | 1,086.7 | (102.1) | 218.6 | 313.7 | 329.6 | (43.1) | 82.3 |
| Income Available to Common Shares before Depreciation & Amortization | — | (268.6) | 583.9 | 563.4 | 221.5 | 137.8 | 218.0 | 109.5 |
| Fixed Charges | 44.6 | 23.0 | 1.5 | 1.6 | 2.3 | 0.9 | 0.1 | 0.0 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | — | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 8 periods; the table above goes back further.