ISLAMABAD: Pakistan’s listed corporate sector recorded a 25% year-on-year increase in profits during the first nine months of calendar year 2026, marking the strongest growth for this period in three years, Advisor to the Finance Minister Khurram Schehzad said on Thursday.
In a post on social media platform X, Schehzad said the improvement reflected stronger business performance and improving economic fundamentals across major industries.
He said corporate profits grew 18% year-on-year in FY26 (July-June), demonstrating sustained earnings recovery, while profits increased 23% year-on-year in first quarter of FY27 (July-September).
He added that non-bank corporate earnings jumped 37% year-on-year in the latest quarter, reflecting momentum beyond the banking sector.
Schehzad said, the increase in corporate earnings was broad-based, with several key sectors reporting substantial growth.
In the energy sector, profits of exploration and production companies increased by 43%, while earnings of oil marketing companies surged 144%.
Among industrial sectors, engineering companies recorded 304% growth in profits, followed by automobiles at 19% and cement at 13%.
The technology sector posted 31% growth, while pharmaceutical and fertiliser companies recorded increases of 14% and 11%, respectively.
Schehzad attributed the improving corporate performance to greater macroeconomic stability, easing financing pressures, and ongoing fiscal, energy and business reforms.
He also highlighted targeted tax relief for businesses and exporters in the FY2026-27 budget as a measure that could further support investment and economic activity.
He said Pakistan’s corporate sector was moving beyond recovery, with major industries demonstrating stronger earnings and expanding profitability.
Schehzad emphasised that the next phase of economic progress should translate improved corporate earnings into productive investment, industrial expansion and job creation.
He said sustainable economic growth would require greater private-sector participation and continued efforts to strengthen the business environment.
