Mughal Iron & Steel profit plunges 78% in 1QFY27
Consolidated profit for the period of Mughal Iron & Steel Industries Limited (PSX: MUGHAL) fell 78.24% year-on-year to Rs201.40m for the quarter ended September 30, 2026, compared with Rs925.70m in the same period last year.
October 30, 2026 (MLN): Consolidated profit for the period of Mughal Iron & Steel Industries Limited (PSX: MUGHAL) fell 78.24% year-on-year to Rs201.40m for the quarter ended September 30, 2026, compared with Rs925.70m in the same period last year. Basic and diluted earnings per share (EPS) declined 78.09% to Rs0.55 from Rs2.51 in the corresponding quarter last year. The decline came from a 14.64% drop in net sa...