Popular Islamic Modaraba reported earnings results for the third quarter and nine months ended March 31, 2016. For the nine months, the company reported income of PKR 18,598,097, operating profit of PKR 2,364,572, profit before taxation of PKR 2,324,750, profit after taxation of PKR 2,138,769 or PKR 0.21 per basic and diluted share against income of PKR 11,416,603, operating profit of PKR 2,145,483, profit before taxation of PKR 2,274,351, profit after taxation of PKR 2,274,351 or PKR 0.23 per basic and diluted share a year ago.

For the third quarter, the company reported income of PKR 7,616,840, operating profit of PKR 429,338, profit before taxation of PKR 527,027, profit after taxation of PKR 450,859 or PKR 0.05 per basic and diluted share against income of PKR 4,204,897, operating profit of PKR 579,391, profit before taxation of PKR 889,925, profit after taxation of PKR 889,925 or PKR 0.09 per basic and diluted share a year ago.