Topline Securities
Millat Tractors Reports 20% Drop in Profit for First Half of FY26
Millat Tractors Limited (MTL) has announced its financial results for the first half of FY26, reporting a 20 percent year-on-year decline in profit after tax. The company posted a PAT of Rs. 2.92 billion compared to the same period last year, reflecting pressure on earnings amid challenging market conditions. For the second quarter of FY26 […]
Pakistan’s Urea Sales Set to Hit Six-Year Low After Record December Performance
Pakistan’s urea sales are projected to fall sharply in January 2026, marking the lowest monthly off-take in over six years. According to research by Topline Securities, the decline follows record-breaking purchases in December, combined with tapering seasonal demand and reduced manufacturer discounts. The sector research highlights that fertilizer sales slowed dramatically both month-on-month (MoM) and […]