SLGL profit surges 25% to Rs546m in 2HFY26

Secure Logistics-Trax Group Limited (PSX: SLGL) recorded a 25% increase in its net profit for the six months ended June 30, 2026, with profit after tax for the period climbing to Rs546.47m from Rs438.59m in the corresponding period last year. Showing this healthy bottom-line growth, the company's earnings per share (EPS) expanded to Rs1.30 from Rs1.55 in 1HFY25 on a fully diluted basis. The top-line showed steady growth, with net revenue rising 6% year-on-year to Rs1.54bn from Rs1.46bn in the prior period, driven by volume growth across all six of the company's revenue-generating business lines. However, cost of services surged 50% to Rs982.68m from Rs654.77m, significantly outpacing revenue growth and causing gross profit to contract by 30% to Rs558.17m from Rs802.09m showing inflationary pressures on direct costs, particularly from fuel price increases that impacted the e-commerce last-mile and long-haul logistics segments.