PAEL profit nearly hits Rs3bn in 1HFY26
Pak Elektron Limited (PSX: PAEL) recorded an 11% increase in its net profit for the half year ended June 30, 2026, with profit after income taxes climbing to Rs2.62bn from Rs2.37bn in the corresponding period last year. Showing this healthy bottom-line growth, the company's basic earnings per share (EPS) expanded to Rs2.84 from Rs2.66 in 1HFY25. The top-line showed healthy momentum, with revenue from contracts with customers growing 17% year-on-year to Rs56.99bn from Rs48.74bn. After accounting for sales tax, excise duty and discounts which rose 11% to Rs14.67bn net revenue posted a 19% increase to Rs42.32bn from Rs35.52bn in the prior period.