Orient Rental Modaraba reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 248.21 million compared to PKR 267.2 million a year ago. Revenue was PKR 417.46 million compared to PKR 416.68 million a year ago. Net income was PKR 48.45 million compared to PKR 41.16 million a year ago. Basic earnings per share from continuing operations was PKR 0.65 compared to PKR 0.55 a year ago.
For the nine months, sales was PKR 801.25 million compared to PKR 806.64 million a year ago. Revenue was PKR 1,305.12 million compared to PKR 1,231.48 million a year ago. Net income was PKR 129.05 million compared to PKR 121.48 million a year ago. Basic earnings per share from continuing operations was PKR 1.72 compared to PKR 1.62 a year ago.