OLP Modaraba reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 185.73 million compared to PKR 246.91 million a year ago. Revenue was PKR 498.56 million compared to PKR 475.17 million a year ago. Net income was PKR 40.39 million compared to PKR 23.67 million a year ago. Basic earnings per share from continuing operations was PKR 0.89 compared to PKR 0.52 a year ago.
For the nine months, sales was PKR 637.24 million compared to PKR 721.9 million a year ago. Revenue was PKR 1,562.4 million compared to PKR 1,357.41 million a year ago. Net income was PKR 117.1 million compared to PKR 81.76 million a year ago. Basic earnings per share from continuing operations was PKR 2.58 compared to PKR 1.8 a year ago.