Trust Modaraba Income Statement

Financials in millions PKR. Fiscal year is July - June.

Millions PKR. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Operating Revenue	5.92	7.41	13.72	16.72	15.66	9.75
Other Revenue	65.19	62.19	59.16	21.51	5.52	26.34
Revenue	71.11	69.6	72.87	38.23	21.18	36.09
Revenue Growth (YoY)	-2.24%	-4.50%	90.62%	80.53%	-41.32%	18.17%
Cost of Revenue	48.13	47.28	38.3	37.16	43.34	36.34
Gross Profit	22.98	22.31	34.58	1.07	-22.17	-0.26
Selling, General & Admin	3.09	3.38	3.6	0.26	1.88	1.17
Other Operating Expenses	0.49	0.4	0.38	-	-	-0.08
Operating Expenses	3.71	3.91	7.37	1.95	6.93	1.09
Operating Income	19.27	18.41	27.2	-0.87	-29.09	-1.34
Other Non Operating Income (Expenses)	-0.17	0.83	1.72	1.42	8.52	6.23
EBT Excluding Unusual Items	19.1	19.24	28.92	0.54	-20.57	4.89
Gain (Loss) on Sale of Assets	1.99	4.06	-3.23	0.47	-3.67	1.19
Asset Writedown	-	-	-	-	-	1.87
Other Unusual Items	-	-	-	-	37.34	-
Pretax Income	21.09	23.3	25.7	1.01	13.09	7.95
Income Tax Expense	5.21	4.91	4.84	1.09	1.72	1.35
Net Income	15.88	18.39	20.85	-0.07	11.37	6.61
Net Income to Common	15.88	18.39	20.85	-0.07	11.37	6.61
Net Income Growth	-32.10%	-11.82%	-	-	72.03%	281.50%
Shares Outstanding (Basic)	30	30	30	30	30	30
Shares Outstanding (Diluted)	30	30	30	30	30	30
EPS (Basic)	0.53	0.62	0.70	-0.00	0.38	0.22
EPS (Diluted)	0.53	0.62	0.70	-0.00	0.38	0.22
EPS Growth	-32.10%	-11.82%	-	-	72.03%	281.50%
Free Cash Flow	-1.18	-5.45	-14.99	-2.29	6.82	-8.4
Free Cash Flow Per Share	-0.04	-0.18	-0.50	-0.08	0.23	-0.28
Dividend Per Share	-	-	0.500	-	-	-
Gross Margin	32.31%	32.06%	47.45%	2.80%	-104.67%	-0.71%
Operating Margin	27.10%	26.45%	37.33%	-2.29%	-137.37%	-3.72%
Profit Margin	22.33%	26.42%	28.62%	-0.19%	53.67%	18.31%
Free Cash Flow Margin	-1.66%	-7.84%	-20.57%	-5.98%	32.21%	-23.27%
EBITDA	20.66	19.81	28.51	0.48	-28.54	-0.9
EBITDA Margin	29.06%	28.46%	39.13%	1.26%	-134.76%	-2.49%
D&A For EBITDA	1.4	1.4	1.31	1.36	0.55	0.44
EBIT	19.27	18.41	27.2	-0.87	-29.09	-1.34
EBIT Margin	27.10%	26.45%	37.33%	-2.29%	-137.37%	-3.72%
Effective Tax Rate	24.70%	21.07%	18.84%	107.21%	13.17%	16.93%
Revenue as Reported	-	-	-	-	-	45.46
Advertising Expenses	-	0.22	0.12	0.12	0.13	0.1

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.