Tpl Trakker Ltd.PSX: TPLT

Financial Results for the Quarter Ended March 31, 2026

Apr 21, 2026 at 7:49 AM UTC · Issued by Tpl Trakker Ltd.

Tr'akkev

April 21, 2026

The General Manager

Pakistan Stoch Exchange Limited Stock Exchange Building

Stock Exchange Road

Karachi. SUBJECT: FINANCIAL RESULTS FOR THE QUARTER ENDED MARCH 31, 2026

Dear Sir,

We have to inform you that the Board of Directors of our Company in its meeting held on Tuesday, 21 April 2026 at 11:30 A.M. at 20 Floor, Sky Tower-East Wing, Dolmen City, HC-3, Block 4, Abdul Sattar Edhi Avenue, Clifton, Karachi, recommended the following:

Cash Dividend:
Rieht Shares:
Bonus Shares:
Any Other Entitlement:

Nil Nil Nil Nil

The financial results of the Company are attached herewith:

The Quarterly Report of the Company for the period ended March 31, 2026 will be transmitted through PUCARS separately, within the specified time.

Yours sincerely,

Shayan Mn i Company Secretary

TPL Trakker Ltd.

Plot No. 1, Sector # 24, near Shan Chowrangi,

Korangi Industrial Area, Karachi - 74900

+92-21-34390300-5

info trakker.com.pk

* https://www.tpItrakker.com

Unconsolidated Condensed Interim Statement of Financial Position

As at March 31, 2026

ASSETS

NON-CURRENT ASSETS

Note

(Unaudited) (Audited) March 31, 2026 June 30, 2025 Rupees

Property and equipment	4	472,923,932	531,463,307
Right-of-use assets		165,863,793	216,595,232
Intangible assets	5	1,301,059,750	1,272,473,994
Long-term investments	6	1,354,589,164	1,354,589,164
Long tenn advances and deposits		822,104,153	821,097,508
Deferred tax asset - net		90,333,095	164,055,746
CURRENT ASSETS		4,206,873,887	4,360,274,951
Stock-in-trade
Trade debts
Loans, advances, deposits and prepayments
Due from related parties	7
Accrued markup
Cash and bank balances
		1,546,244,958 1,653,846,926
TOTAL ASSETS		5,753,118,845 6,014,121,877
EQUITY AND LIABILITIES

344,207,957	309,552,266
346,902,772	329,040,438
89,844,791	95,455,211
332,625,149	383,982,915
425,580,855	409,985,578
7,083,434	125,830,518

SHARE CAPITAL AND RESERVES

Authorized share capital

285,000,000 (June 30, 2025: 285,000,000) ordinary shares ofRs.10/- each

_ _ 2,850,000000 2 50,000,000

Share capital	1,872,630,930	1,872,630,930
Reserves	176,401,316	539,718,892
	2,049,032,246	2,412,349,822
NON-CURRENT LIABILITIES
Long-term financing	17,063,061	17,063,061
Lease liabilities	150,838,301	166,858,961
	167,901,362	183,922,022
CURRENT LIABILITIES
Trade and other payables
Contract liabilities
Short-term borrowings
Current portion of non-current liabilities
Due to related parties	8
Accrued mark-up
Taxation - net
		3,536,185,237 3,417,850,033
TOTAL EQUITY AND LIABILITIES		5,753, 118,845 6,014.121,877

1,354,070,094	1,239,603,257
333,093,063	288,598,284
1,204,283,922	1,010,984,296
41,675,389	304,316,575
338,191,244	335,540,242
200,767,934	178,409,269
64,103,591	60,398,111

CONTINGENCIES AND COMMITMENTS 9

The annexed notes from I to 12 form an integral p of these unconsolidated condensed interim financial st tements.

CHIEF E OFFICER ANC OFFICER DIR OR

Unconsolidated Condensed Interim Statement of Profit or Loss and other Comprehensive Income (Unaudited)

For the nine months period ended March 31, 2026

Nine months period ended Three months period ended March 31, 202G March 31, 2025 March 31, 2026 March 31, 2025 Rutiees

Turnover - net	855,000,727	1,487,814,978	282,120,403	338,073,863
Cost of sales and services	(648,698,999)	(899,8S9,772)	(229,451,4f5)	(256,930,859)
Gross profit	206,301,728	587,955,206	52,668,948	81,143,004
Distribution expenses	(59,312,233)	(85,762,868)	(22,768,662)	(29,677,830)
Administrative expenses	(185,058,665)	(290,230,008)	(71,855,709)	(104,994,549)
Operating (loss) / profit	(38,069,170)	211,962,330	(41,955,423)	(53,529,375)
Research and development expenses	(38,506,110)	(57,297,357)	(14,441,118)	(18,912,786}
Other expenses	(18,990,313)	(22,338,289)	(6,496,811)	(1,392,553)
Finance costs	(206,349,300)	(270,234,090)	(64,433,771)	(69,790,780)
Other income	44,987,998	86,369,881	14,381,551	15,060,692
(Loss) / Profit before income tax and levies	(256,926,895)	(51,537,525)	(112,945,572)	(128,564,802)
Levies - minimum tax	(32,668,030)	(18,417,743)	(10,242,900)	(7,715,732)
(loss) before income tax	(289,594,925)	(69,955,268)	(123,188,472)	(136,280,534)
Taxation - Current	-	(28,311,889)		(5,835,384)
Deferred	(73,722,651)	34,796,280		(10,918,486)
	(73,722,651)	6,484,391	-	(16,753,870)
Net loss for period	(363,317,576)	(63,470,877)	(123,188,472)	(153,034,404)
Other comprehensive income
Total comprehensive (loss) / income for the period	(363,317,576)	(63,470,877)	(123,188,472)	(153,034,404)
(loss) / Earnings per share - basic	(1.94)	(0.34)	(0.66)	(0 82)

The annexed notes from 1 to 12 fonii an integral part of these unconsolidated condensed interim financial statements.

D ' CTO

CHIEF C IVE OFFICER IE ANC OFFICER

TPL TRAKKER LIMITED

Unconsolidated Condensed Interim Statement of Changes in Equity (Unaudited)

For the nine months period ended March 31, 2026

Capital reserves Reserves

Revenue reserve

Other components of equity Surplus on E'air value

Share Capital

created under Scheme of Arrangement

Share premium - accumulated

profit / (losses)

revatuBtiO0 OF reserve of property, plant financial assets And 0Quf ment designated at

Total reserves Total Equity

FVTOCI

Rupees

Balance as at July 1, 2024	1,872,630,930	146,817,136	55,832,910	136,978,212	-	295,018,671	634,646,929	2,507,277,859
(loss) for the period				(63,470,877)			(63,470,877)	(63,470,877)
Other comprehensive income for the period, net of tax
Total comprehensive income for the period				(63,470,877)	-	-	(63,470,877)	(63,470,877)
Balance as at March 31, 2025	1,872,630,930	146,817,136	55,832,910	73,507,335	-	295,018,671	571,176,052	2,443,806,982
Balance as at July 1, 2025	1,872,630,930	146,817,136	55,832,910	67,030,612	-	270,038,234	539,718,892	2,412,349,822
(Loss) for the period		-	-	(363,317,576)	-	-	(363,317,576)	(363,317,576)
Total comprehensive loss for the period	-	-	-	(363,317,576)	-	-	(363,317,576)	(363,317,576)
Balance as at March 31, 2025	1,872,630,930	146,817,136	55,832,910	(296,286,964)	-	270,038,234	176,401,316	2,049,032,246

The annexed notes from 1 to 12 form an integral part of these unconsolidated condensed interim financial statements.

TPL TRAKIIER LIMITED

Unconsolidated Condensed Interim Statement of Cash Plows (Unaudited) For the nine months period ended March 31, 2026

CASH FLOWS FROM OPERATING ACTIVITIES

March 31, 2026 March 31, 2025 Rupées

(Loss) / Profit before income tax and levies Adjustment for non-cash charges and other items:	(256,926,895)	(51,537,526)
Depreciation
Amortization
Allowance for ECL
Exchange (gain) / loss - net
Finance costs
(Gain) / loss on disposal ofproperty, plant and equipment
(Gain) / loss on long tenu investments
	399,403,976	426,838,937

190,256,443	137,848,574
127,610	480,744
18,990,313	20,881,387
(1,577,590)	1,456,902
206,349,300	270,234,090
(14,742,100)	(4,062,760)

Working capital changes Stock-in-trade

Trade debts

Loans, advances, deposits and prepayments Due from related parties

Accrued markup

Trade and other payables Contract liabilities

Due to related parties

(109,938,168)	(118,165,541)
(36,852,647)	97,586,814
5,610,420	(5,376,625)
51,357,766	21,879,806
(15,595,277)	(28,478,071)
116,044,427	128,839,089
44,494,779	18,766,292
2,651,002	20,542,558

57,772,302 135,594,323

Ntt cash genei-ated from operations

Finance cost paid Tax paid

Long term advances and deposits - net

200,249,383

510,895,734

(162,167,976)	(209,149,582)
(28,962,555)	(47,469,202)
(1,006,645)	2,289,624

(192,137,176) (254,329,160)

Net cash generated fi oni operating activities

CASH FLOWS FROM INVESTING ACTIVITIES

Additions to property and equipment - net Additions to capital work-in-progress Additions to intangible assets

Sale proceeds from disposal ofproperty, plant and equipment Long-term loans

Net cash used in investing activities

CASH FLOWS FROM FINANCING ACTIVITIES

Long-term financing - net Lease liabilities repaid

Short-tenn borrowings obtained

Net cash tiscd in financing activities

Net (decrease) / increase in cash and cash equivalents

8,112,207

(6,136,047)	(5,710,708)
(28,713,3 66)	(34,565,426)
15,175,000	4,450,000

(233,542,772)	(208,838,711)
(66,941,732)	(73,268,189)
185,767,716	(9,428,50 1)

(19,674,413)

(114,716,788)

(126,278,994)

256,566,574

(35,826,134)

(291,535,401)

(70,794,962)

Cash and cash equivalents at the beginning of the period Cash and cash equivalents at the end of the period

Cash and cash equivalents comprises of:

(657,418,138) (572,557,066)

(783,697,132) (643,352,028)

Cash and bank balances Running finance

7,083,434

(790,780,566)

124,035,116

(767,387,144)

f783,697.132) (643.352,028)

The annexed notes from 1 to 12 form an integral part of these nconsolidated condensed interim financial statements.

?UTI

ANCIAE OFFICER

Consolidated Condensed Interim Statement of Financial Position As at March 31, 2026 ASSETS

344,207,957	309,552,268
518,537,515	460,063,546
101,682,305	107,397,514
425,580,855	409,985,578
159,458,830	187,365,137
13,645,405	135,816,775

NON-CURRENT ASSETS

Note

(Unaudited) (Audited) March 31, 2026 June 30, 2025 Rupees

Property, plant and equipment	4	478,124,475	538,515,093
Intangible assets	5	2,406,956,794	2,361,081,067
Right-of-use assets		210,866,421	216,595,232
Long-tern investment	6	729,485,844	736,036,898
Long term advances and deposits		49,195,351	48,188,706
Deferred tax asset - net		173,013,425	251,549,270
		4,047,642,310	4,151,966,266
CURRENT ASSETS
Stock-in-trade
Trade debts
Loans, advances, deposits and prepayments
Accrued Markup
Due front related parties	7
Cash and bank balances
		1,563,112,867	1,610,180,818
TOTAL ASSETS		5,610,755.177	5,762,147.084
EQUITY AND LIABILITIES
SHARE CAPITAL AND RESERVES
Share capital
Authorized capital
285,000,000 (June 30, 2025: 285,000,000) ordinary shares ofRs.10/- each	2,8		00 000	,850,000,000
Issued, subscribed and paid-up capital		1,872,630,930	1,872,630,930
Capital reserves		202,650,046	202,650,046
Revenue reserve		(672,966,718)	(330,434,668)
Other components of equity		271,982	-
		1,402,586,240	1,744,846,308

NON-CURRENT LIABILITIES

Long-term financing Deferred liability - Gratuity Long-term Loan

Lease liabilities

CURRENT LIABILITIES

Trade and other payables Contract liabilities Accrued mark-up

Short-term borrowings

Current portion ofnon-current liabilities Due to related parties

Taxation - net

TOTAL EQUITY AND LIABILITIES CONTINGENCIES AND COMMITMENTS

17,063,061	18,306,179
14,596,478	14,965,613
196,091,075	166,858,961

227,750,614 200,130,753

1,609,194,988	1,475,007,237
333,093,063	288,598,283
236,173,438	202,437,221
1,228,000,719	1,034,701,094
43,634,909	307,056,933
446,116,053	446,010,411
84,205,153	63,358,844

3,980,418,323 3,817,170,023

5,610,755,177 5,762,147,084

The annexed notes from 1 to 12 form an integral part of these consolidated condensed interim financial statements.

CHEF

OFFICER

CHI

ANCIAL OFFICER

IREC

Consolidated Condensed Interim Statement ofP refit or Loss and other Comprehensive Income (Unuudited) For the nine months period ended Ma rch 31, 2026

Nine months period ended Three months period ended iYlarch 31, 2026 March, 202 i March 31, 2026 March, 2025

Rupees

Cost of sales and services	(1,033,618,147)	(1,174,090,489)	(373,085,739) (283,390,747)
Gross profit	335,864,392	656,692,303	75,766,269 71,973,159
Distribution expenses	(62,903,206)	(100,419,436)	(23,761,378)	(33,189,215)
Administrative expenses	(245,804,390)	(455,607,371)	(93,221,565) (116,504,975)
Operating profit / {loss)	27,156,796	100,665,496	(41,216,674) (77,721,031)
Research and development expenses	(40,516,956)	(66,521,754)	(15,071,527)	(21,022,742)
Other expenses	(18,990,313)	(22,338,289)	(6,496,811)	(1,392,553)
Finance costs	(218,032,583)	(284,061,756)	(68,289,475)	(71,236,920)
Other income	40,418,210	68,884,883	13,272,714	13,605,525
Share of loss - associates	(6,637,324)	(6,529,979)	(2,888,550) (6,529,979)
(Loss) before income tax and levies	(216,602,170)	(209,901,399)	(120,690,323) (164,297,700)
Levies	(35,112,424)	(20,835,246)	(11,053,349)	(8,566,127)
(Loss) before income tax	(251,714,594)	(230,736,645)	(131,743,672)	(172,863,827)
Taxation
Cirreitt	(16,905,325)	(28,311,889)	(2,948,643)	(5,835,384)
	(275,749)
Deffered	(73,722,651)	34,796,280	-	(10,918,486)

Turnover - net

1,369,482,539

1,830,782,792 448,852,008 355,363,906

(Loss) for the period

Items that are or may be reclassified subsequently to profit or loss account:

Exchange differences on translation of foreign subsidiary Unrealised income on investment designated at fair value through

(90,903,725)

(342,618,320)

271,982

6,484,391 (2,948,643) (16,753,870)

(224,252,254) (134,692,315) (189,617,697)

(366,201) (307,126) -

OCI- net of tax 86,270

Owners of the Parent Company	(342,6 18,320)	(214,184,905)	(134,692,315)	(189,617,680)
Non-controlling interest (10,067,349) (17) (J42,6J 8,320) (224,252,254) (134,692,3i 5) (189,617 697)
otal comprehensive profit / (loss) attributable to: Owners of the Parent Company (342,26O,0G8) (214,367,687) (135,199,441) (189,617,378)
Non-controlling interest (10,250,768) - (319) (342 260,068) (224,618,455) (135,199,441) (189,617,697)

Total comprehensive loss for the period Pi"ofit / (Loss) attributable to:

(342,260,068)

(224,618 455) (135,199,44 I ) (189,617,697)

(1oss) per share - basic and diJuted

(1.83)

(1.14) (0.72) (1 01)

FFICER

DIRECTO

TPL TRAKKER LIMITED

Consolidated Condensed Interim Statement of Changes in Equity (Unaudited) For the nine months period ended March 31, 2026

Capital reserves

Other components of equity

Issued, subscribed and paid-up capital

Reserves created under Scheme of Arrangement

Revenue reserve Share premium - accumulated

profit / (losses)

Forgo

currency Non-controlling translation interest

reserve

Total Equity

Balance as at July 1, 2024 Loss for the period

Adjustment for loss of control in subsidiary

Other comprehensive income for the period, net of tax Total comprehensive profit for the period

1,872,630,930 146,817,136 55,832,910 (132,921,286) (117,060,957) (515,651,290) 1,309,647,443

(214,184,905)		(10,067,349)	(224,252,254)
278,211,705		525,901,740	804,113,445
	(183,101)	(183,101)	(366,201)

64,026,800 (183,101) 515,651,290 579,494,990

Balance as at March, 2025

1,872,630,930 146,817,136 55,832,910

(68,894,486) (117,244,058) - 1,889,142,433

Balance as at July 1, 2025 Loss for the period

Other comprehensive loss for the period, net of tax Total comprehensive (loss) for the period

1,872,630,930 146,817,136 55,832,910 (330,434,668)

(342,618,320)

86,270 271,982

- - - (342,532,050)

271,982

- 1,744,846,308

(342,618,320)

- 358,252

- (342,260,068)

Balance as at March 31, 2026 1,872,630,930 146,817,136 55,832,910 (672,966,718) 271,982 - l,402,586J40

DIREC

The annexed notes from 1 to 12 form an integral part of these consolidated condensed interim financial statements.

CH1EF

OFRCER

ICER

TPL TRAKKER LIMITED

Consolidated Condensed Interim its tement of Cash Flows (UnauJitcd) For the nine months period ended March 31, 2026

141,814,642	142,665,431
55,731,731	46,910,313
5,771,501	6,124,635
18,990,313	22,245,937
218,032,583	284,061,756
1,240	1,360,967
(14,742,100)	(4,062,760)
(1,577,590)	1,456,902 278,211,705
6,637,324	6,529,979

(109,938,213)	(118,165,54 1)
(77,464,282)	109,429,953
5,715,209	13,690,9 I I
(15,595,277)	(28,478,072)
	9,655,768
27,906,307	21,879,806
135,765,341	21,541,998
105,642	23,314,936
44,494,780	(28,144,021)

CASH FLOWS FROM OPERATING ACTIVITIES

March 31, 2026 Rupees

March 31, 2025 Rupees

Loss before taxation Adjustment for non-cash charges und other items:	(216,602,170)	(209,901,399)
Adjustment for non-cash charges and other items:
Depreciation on operating fixed assets
Depreciation on ROUA
Amortization
Expected credit loss (ECL)
Finance costs
Provision on gratuity
(Gain) / Loss on disposal ofproperty, plant and equipment
Exchange loss / (gain) - net Adjustment for toss of control in subsidiary
Share ofloss - Associates
Vorking ca}›itaI changes	430,659,644	785,504,865
Stock-in-trade
Trade debts
Loans, advances, deposits and prepayments
Interest accrued
Other receivables
Due from related parties
Trade and other payables
Due to related parties
Contract liabilities
	10,989,507	24,725,739
Net cash generated from operations	225,046,981	600,329,205
Finance costs
Income taxes
Gratuity Paid
Long-term deposits
	(195,088,124)	(266,748,793)
Set cash geiternted from operating activities	29,958,857	333,580,4I2
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to property and equipment - net	(6,574,399)	(24,591,781)
Additions to intangible assets	(51,647,228)	(79,315,717)
Sale proceeds from disposal ofproperty, plant and equipment	15,175,000	4,450,000
Long-term loans		2,289,624
Net cash used in investing activities	(43,046,628)	(97,167,875)
CASH FLOWS FROM FINANCING ACTIVITIES
Long-term financing net	(235,566,730)	(212,001,966)
Lease liabilities repaid	(71,691,878)	(73,268,189)
Short-term financing - net	190,371,118	(9,428,501)
Net cash used in financing activities	(116,887,490)	(294,698,656)
Net increase in cash and cash equivalents	(129,975,261)	(58,286,120)
Cash and cash equivalents at the beginning of the period	(647,431,882)	185,950,488

(162,473,705,1	(219,060,399)
(31,237,400}i	(49,978,018)
(370,374}i
(l,006,645}i	2,289,624

Net foreign exchange differences 271,982

The annexed notes from 1 to 12 form an integral par I these consolidated condensed interim financial statements.

CHIEF MX

FICER

IAL OFFICER

Cash and cash equivalents at the end of the period

(777,135,161)

127,664,368

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