Grand Investment Capital turns profitable in 3 months
· Egyptian market news · ARAB
Grand Investment Capital shifted to consolidated net profits attributable to the parent company of EGP 1.658 million in the first quarter (Q1) of fiscal year (FY) 2026/2027, compared with net losses of EGP 569,656 in April-June 2025, according to the financial results.
Revenues hiked to EGP 3.322 million at the end of June 2026 from EGP 1.397 million in the same three months a year ago.
Meanwhile, basic earnings per share (EPS) amounted to EGP 0.21, against a loss per share of EGP 0.07 in Q1 FY 2025/2026.
Standalone net profits after tax hit EGP 146,884 in April-June 2026, an annual rise from EGP 125,826. Revenues soared to EGP 338,699 from EGP 122,243.
In the FY that ended on March 31, 2026, the consolidated net profits attributable to the parent hiked by 140.85% year-on-year (YoY) to EGP 27.440 million from EGP 11.374 million.