Popular Islamic Modaraba reported earnings results for the first quarter ended September 30, 2016. For the quarter, the company reported income of PKR 6,339,221, operating profit of PKR 793,916, profit before taxation of PKR 982,754, profit after taxation of PKR 982,754 or PKR 0.10 per basic and diluted share against income of PKR 5,069,584, operating profit of PKR 604,914, profit before taxation of PKR 791,747, profit after taxation of PKR 741,052 or PKR 0.07 per basic and diluted share a year ago.