Al Ramz Corporation reported a net profit of AED 12.08 million for the first quarter ended 31 March 2026, representing an 80% increase compared to the AED 6.72 million recorded in the same period of 2025.
Total net income grew to AED 41.58 million from AED 30.61 million YoY, driven by a 54% surge in net commission income to AED 14.74 million and a 41% rise in net finance income to AED 16.57 million.
Basic and diluted earnings per share (EPS) nearly doubled to AED 0.022, up from AED 0.012 in the prior-year period, reflecting improved operational efficiency despite a rise in general and administrative expenses to AED 28.38 million.
The Group’s financial position strengthened with total equity reaching AED 595.22 million, supported by the period's profit and AED 65.0 million in new proceeds from short-term borrowings to fund financing activities.