Softlogic Holdings (SHL.N0000) Q1 2027 earnings summary

Executive summary

• Total consolidated revenue for the quarter ended 30 June 2026 rose 14% year-over-year to Rs. 34.07 billion, with gross profit up 29% to Rs. 13.12 billion.

• Operating profit more than doubled to Rs. 4.19 billion, but the group reported a net loss of Rs. 1.82 billion, a slight improvement from the prior year.

• EBITDA for the quarter increased 73% year-over-year to Rs. 5.16 billion.

Financial highlights

• Revenue from insurance contracts surged 41% year-over-year, while interest income grew 22%.

• Cost of sales increased 6%, outpaced by revenue growth, supporting margin expansion.

• Net finance costs rose 19% year-over-year, reflecting higher finance expenses.

• Basic loss per share was Rs. 2.00, compared to Rs. 1.91 in the prior year.

• Total comprehensive loss for the period was Rs. 2.55 billion, up 106% year-over-year.

Outlook and guidance

• No significant events after the reporting period requiring disclosure.

• All proceeds from the recent rights issue were fully utilized to settle external debt.