Financial Results for quarter ended Mar 31, 2025

1. ue*J

   April 39, 2025

   The General Manager

   Pakistan Stock Exchange Limited

   StOCk Exchange Building Stock kxchange Road

   Su bject: Financial Results for the Ouarter Ended Max 31, 2025

   WC• are pleased to inform you that the Board of Directors of the Blue-Lx 1.imitetl in their meeting help) on Aprfl 29, 2025 at lJ:00 a.in, at Karachi and through video conferencing, has approved the unuu‹titur1

   i’ec’‹nnmendeci the follow'ing;

   1. CASl i DIVIDEND

   2. 8ORUS SHARES

   3. RlGH’I'SFIAltES

(iV) ANY OTHER PR1GE-SENSITIVE INFOItMATION

NIL NIL

cuniulaiively for the current financial year t‹i dat‹• with

t'r Shdi e Itir the cu rrent in terim perfect a nd

t8. âtdf8mtlJt of Financial Position;

c. Statement of Changes in Eq ujty; antl c4. Statement of Cash l°lows,

"I he 3r‹i Quarter/ Nine Months Eeport of the Com pany for the erio‹i L.•11ded March 31, 2025 will be transn itte‹J fhruugh J’Uf_ATtñ separately, within the specified time. Kin‹lly ronvey the abtive information ltd the nJeintn•rs of you r St‹›ck Exchange.

S cerely,

Abdul Acad

Company Secretary

Strveillancu, Supervision anrT E»fu‹”Cement Departmeft

S c unities & Exchange Commission uf I'akistan

NIC building, 63 J innah Avenue, Blue Arra Islamabad

Head Office:

Bunglow No. 5, Bangalore Town,

Shahrah-e-Faisal, Karachi.

*92-21-111-258339

Regional Office - Central

T58-1, guaid-e-Azam Industrial

Estate, Kot Lakhpat, Lahore.

Building # 2A, Airport Link

Road, Chaklala, Rawalpindi.

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BL.L*K-EX LIGHTED

CONDENSED UNCONSOLIDATED INTERIM STATEMENT OF PROFfT OR LOSS FOR TH E PERIOD lsht11F’,D MARCH 31, 2025 {UN-AUDITED)

*!•• ••!** •*•* e•d*d Par The Tbird Quarter Ended

f•tarch 31, 2025 March 3 I, 2024 Merch j], 2025 March 31, 2024

^!^ "” Rupees- — -Rupee- —

Income - couner and eJlicd serviccs

CBC handling charges income - Couzjcr and g|}Jyg p

Intcmationaj fi-eight

Commission ›ncome

Cost of saics - courier and allied services

G€zl0ml and administrative eq›enscs MsTketing and selling expenses

Operating form

Other Expense Finance cosls

Pro1it before income jax egd finaj tax Finol taxes - levies

Profit before income tnx Taxation

   {4,9S6,892J I I J2fi,680) 

63,793J80 J7,707.851

(15,479,078) (13,747.497)

     (474,716  

326%Q34 (9,537677)

     23,148,557  

     f380,%S› 

3069S,7¥6

(7.l7S,5lD)

     23,S20C76  

Earning per share - basic & diluted

               0.84  

         0.86  

CHIEF EXECUTI YE OFFICER

Head Office:

Bunglow No. 5, Bangalore Town, Shahrah-e-FuisaI, Karachi.

+92-2 1—111-258339

CHfEP FINANCIAL O£'PI 'ER

Regional Office - Central

158-S, Quaid-mAzam Industrial Estate, Kot Lakhpat, Lahore.

DIRECTOR

Regional Office - North

Building # 2A. Airport Link

Road, Chaklala, Rawalpindi.

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BLUE-EX LIMITED

CONDENSED UNCONSOLIDATEH INTERIM STATEMENT Or FINANCIAL POS£TION

AS AT March 3t, 20M

Note

{Len-audited) Mareh 3t, 2025

—Rupee —

(Audited) Juae 30.2024

Lease liabilities

Deferred tax liabilities - net

Current ITabtlitTes

Tradn and odder payables Current portion lease liabilities Provision for taxation

10

           37  7    

l5,343,85&

173,714,101

I9,511,361

21,874,062

t0

2f,099,S24

2 5 89

             29  4  

34,745,2gB

t63,29s,456 11,720,633

28,179.229

213,196,318

Contingencies aod Commitments

Thu annexed notes fron I to 15 form an integral pan of these finsnciai slaiements.

2 3 1 3

       1.220,493,827  

Clt{B? EXECUTIVE OFFICER

Head Office:

BtJnglow No. 5, Bangalore Town, Shahrah-e-Faisal, Karach!.

*92-21 -111-258339

CHIEF FlNANClAt. OFFICP.R

Regional Office - Central

158-5, 0uaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore.

DIRECTOR

Regional Office - North

Building # 2A, Airport Link

ftoad, Chaklala, Rawalpindi.

CONDENSED UNCONSOLtDATED INTERIM STA7EMENT OP CA3R FLOW FOM TFM PkktoD EhDED MARCH 3l, 2025 (EAN-AUDITED)

Shae Moaths Period ended

EAsH FLOW FROM OPERATING ACTIVITIES

Nete

ñtarcb 31, Earth 3J,

202.S 202d

-Rup.°cs

rrolit before tax

f¥djustment ror unit tesh changes and ether hems: Deprecieiion • Property arid equipment

D••prccietion - ROUA Amortiotion of kitaogibles

Lost / (Gain) on cafe of property and equipment

7.1

&8,7S0.472

fi.132,565

7.398,212

51,720,969

120.471.44]

58,928,531

16,767,709

18,459,367

3,627,778

4,580.949

48,232

43.48d,03S

102.412.566

tlncreasc9 derreesr In curreiii assets - Werking capital changes Trade debis

PB keging Moteritt}

Skon lerm loBns and aJyancss

Short term deposits zrid }›fc/xtymenc

Due Ii‹›in rcj0tcd pafty

(84,041,775)

('l2J28,433j

(14,439.104) l,395,0'65 (227,G69

(2,239,078) I l,O54,477 4,734,000

1J96,525

           (66)78,Q74)

”)”mde and other peyabJes Long tcmi deposits

Long Term liivtsimtnis

Cost toied}fgenerated tram operations

Tgxei paid Finance cust poid

J4,293.3h7

         I 1,680,136  

65,973.503

{416.000)

         {3,529.020)  

62,028.483

33,]'16,7tD

         50,953,920  

84, l7U.{'t35

132,000

         (I ,833. 107) 

82,469,528

‹29.224,250) (25.234,796)

CASH Ft,OW FkOM INYE i*lNU ACTtwrlER

P8}Tt€TIL5 f'0F 8CgMlSition of property, plant and gt]UipMcnt

l'ayrnmts For acquisition of Intangible asseu

Sri* P^ ^ *+ proPct1y axd •s• ernen!

Net eash flows used in inverting actis'it}a

CASH FLOW FRONI FINAJNCING ACTIVITIES

Lean liability

I••e4 cash bows generated from financing eccI>ittes

Net (dccT08$e) / increat0 in cash snd cash cttuivalenfs Cnsb and msh equivalmts u the kginning of the period C'âsh and cash equivalents at the end of the peril

10 (I 8,914,584) 

       (I 8,914,584)  

(I 7.755,893)

       I 18.822,686  

       I01,0d6,793  

57.234,738

         (52,631,3l4)

(52,631 l4)

       {I 9,2I 1,526)  

       (I 9,2I 1,526) 

(I 4,608. 102)

       167,206,433  

       l52,fi08,33I  

The annexed notes loom i to Id forTu Bn integral port of fhcse financial suitcmsnts,

CHIEF EXECUTIVE Or’FICER

CIITEF F£NANCIAL OFFICER

DIRECTOR

Head Office:

Bunglow No. 5, Bangalore Town, Shahrah-e-Faisal, Karachi.

+'22-21 - 11-258339

Regional Office - Central

58-5. 0uaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore.

Regional Office — North

Building # 2A, Airport Link

Road, ChakTala, Rawalpindi.

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TO oFnvduauo• r •TJu• w incrorrenisl dapre enen - in uF

4S.8t9,939 (I.09JM) 43.seQ N

6u,oss,ai

I ,023,5ftt,4g3

Head Office:

Bunglow No. 5, Bangalore Town, Shahrah-e- Faisal, Karachi.

+9J-2J—11 J -258339

CHIEF PtNul4ClAL £fFMCKR

Regional Office - Central

I 58-S, Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore.

pypg g

Regional Office - North

Buildin9 2A, Airport Llnk Road, Chaklala, Rawalpindi.

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Tt.UE-LY Ll8tffED

CONSOLIDATED STATEMENT O PROFIT O I I.OSS

ron our rEaion zhnE0 uxncii si, tons tUu-auaiie4l

Aaaexure-B

Per The Talrd Quarter Errdcd

lnnuitlt - oourier and allied scrvim

CBC h•ndlinj; charger income - cowia arid allied iervicu

N+ñe

2 0 2 5

2UZfi

—Rupee

9,824,536

2 fi 2 4

269,934,097

Inlenzstirxial 0cigt«

268,fi63422 2S9.429,684

     4?,952,332  l2,446,0?7  1,074,B41,190 I.D07,j I6.3J0

101,690,69

   13,493,773  35$,l86,788

     4,94 1,046  

374,G82,388

General ml artninistrarive expenses Mazkaing anJ selling expenses

(654416 090)       (660,640,525) (220,804,846} {24j,857,30I ) 3P0,527.100 346,4†5.425 I 34,58 I.942 I 32,B25,087

(28R 100 35 I) (26S,464,86l) (92.941,161) (92.192 J98) l0?,426,740 8I,010,S64 41,640.781 40,G32.CtI9

ChJ a Expense

FHIBia;c W6tB

13

   (20,6S€I,939) (7,836,030)  

           (6,5%.CSS) 

T8xstion

73,!84.534

]7#6443) (l9j02,47)

     54.082,1 i?  

35,140,423

(10,013,393)

   25.128,032  

.J6,912,fi94

   27,664.413  

Saming per mare • basic & diluted

I6 3,lS  1.0)  

Tlte annexaJ notch front I lo 22. form an integral pxtt uM}tese fitjanciai stat<>

t33IEF SXEC UTIVE OFFtC OR

CHIEP FINMCIAL OPFICkR

DIBBCTOR

Head Office:

Bun§IowNo.S, BangaloreTown, Shohrah-e-Faisal Karachi.

+92Z1-111-258339

Regional Office - Central

158-5, Quaid-e-Azam Industrial Estate, Kot Lnkhpat, Lahore.

Regional Office - North

Building # 2A, Airport Link Road, Chnklala, Rawa1pindi.

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BI.BE-EX Llñ1tTED

CONDENSED CON5OLrDATED STATE34E0•T OF FINA ICIAL POSITIONS

As at March JI, 2025 (Fla-Audited)

Perch Juae

2025 2024

can-auuit dj tz•oitr‹j

—-—-Rupscs—-—--

Current ossets Trade Debts Packaging material

Shnrt term loBrts and advaitces

Short tems dcpusiis, prcpayments and advance income jax Tax refund due born Government

Short k.wn investments Cmh and bsnk balaxcal

1.209,311,G6I

4,691,910

S9,567,82I

38,237,166

20,490,097

1,992,732

141,467,691

10

11

508.610,366 f I7,279.052

I.167.442,225

4,013.977

4T ,809.1l6

33,676.193

23,854,440

41,256,740

118.130,312

l,475,75g,0l 8 1,45p, IR3.4I 5

384 I ,967,462,467  

Sltarc txpital aad Reserves

AuthortHd

50000.0O0on nerysh:uesof It.t0/-gpch

(2024: 50,000,000 ordinary shares of Rs. IO/- Tech)

Issued, suhecrfbed and yaid-up slHtre capital 27,428,410 ordinary 6hazcs of Rs. 10/- cach

(20Z4: 27,428,430 ordinary shares of Rs. 10/- each) fully paid in cask

Sh0fc Premium

htvaJuatun surplus pn property, plant & equipmcnt Unappropriafcé pfofit

Non•current liabilities I.*zxe liabilities

Deferred tsx liabilitiug - new

Current liabilities Trade and other payables

tJff0nt [fprtfD4J I S I ttlbl I ttl&

Short-term financing Provision fur taxnlion

Contingencies aad Commitfaents

   500,000,000  500,tl00.0B0  

Z74,284C0P 402,328.868

29,097.553

493,591,750

274,284,300

402.328.868

3d,181,292

423,006,944

1.199,303,471 I ,l37,80t ,404

12 3 6

l3 7 7

36,77#,901 S6,905 44

:iS0.602.t3I 3 I,121,237

158,070,159

32,9dI,892

d74,I94.672 22,953,277

28,69a.330

22,448,733

748.288.012 77Z,735,4I9

1,984,369,? 84  7 6

TTc annexed notes from I to 22. bnmt an integral part nfthese financial statements.

CHIEF EXECUTIVE OFFICER

CHIEF FINANCHL OFFICER

DIRECTOR

Head Office:

Bunglow No. 5, Bangalore Town, Shahrah-e-Faisal, Karachi.

+92-2J -11 1-258339

Regional Office - Central

158-S, Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore.

Regional Office - t4orth

Building # 2A, Airport Link Road, Chaklala, Rawalpindi.

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RLtTE-EX QUITTED

CONSOLIDATED STATEMENT OF CASH FLOW

FOR THE PERIOH ENDED AlARCfit 31, 2025 {In-Audited)

CASH FLOW FROM OPERATING ACTIVITIES

Note

her 31, 2025 (Um 51ar31,2024

Audited) (Lin-gudltedj

-Ru/›ces -

Proftbcfosmx

Adjustment for non cash changes and other items: Dtpfeciation - Property and equipment

D0[tRCia£ioij - ROUA

Amortization of Intangihlcs

Finance costs

Lnss /(Gain) on salc of property an0 equipment

(lntrtase)/ decrease in current nseets Trade debt

Packaging Material

Sliert term loans and advances

Shod tCrm deposits and prepaynitnls lhie from related party

B6,73'i,790

27,723.918

18,339.576

5.J3Z,563

30,1521 t7

       964,32l  169,348,487

73, 184,534

25.109,086

3.627.778

33,152,550

I145,195  144,778.5 0

!•crcnsc/(decrease) la catrent Iiabiiities ”Frade tuld othe payablcs

Uuc to related parties

(73, 157, IBM) f54,354,8]3) 96,091,306 90,423,697

     |24,126DOO 

Cash (used)/generated from operations

Income iax paid FitJancc ccst paid

220.2i7,#Od

( 1 62 2 )

       9    2      

90423,697

(2 47 41)

2 1 2

Lung term ‹leposits Long Term Investments

Net cash flows used in invcsiing activities

CASH FLOW FROM FINANCING ACTIVITIES

Shori-tern financing Lease liability

Net cash flows generated kom financing activities

Nci (decrease) / increase in cush artd cash equivalence Cash and tash qoiYalents ai the beginning of ibc period Cash and cash equivalents at the end of the period

Cas' a:nb bank balances

   (39,293,536) (80,208,748) 

109,483,052 (42.JOB,:i42)

( l30.679.230j

12 (25.598.623) 20.178,08 I  

   (156J77,853) 20,178.08I  

(48,g97,384} (22,230,461)

   IS9,387,0S2  200,721,24g  

I l0,G89,668  t78,490,7B8  

I 10,689.667  00 72 24

I 1O,s89,668  200.72 l,249  

WU 8nfltXcd notes from ) to 22 form 8tI integral part of Lhese financial statcmcrtLs.

C1HEP ESECUTIYE OFFICER

CHIEF FINANCIAL. OFFICER

DIRECTOR

Head Office:

Bunglow No. 5, Bangalore Town, Shahrah-e-Faisal, Karachi.

+92-2 1 -1 1 1 -258339

Regional Office - Central

158-S, Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore.

Regional Dffice - North

8uildinq # 2A, Airport Link Road, Chaklaln, Rawalpindi.

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8I•L!E-B'X L.IIsfTED

” ”** COIYGO£.IDATP.D STATElfPWT OF MANCEg

Balance a yvJy 0t.2021

!‘ ^^ eurPlu* on 8•= xXpiilian- MX oFde£ored tax

Tramfw arrmati'eaon !^ *^ ° *^°•! dePrcc •tIon - net of defFcml

Te+el cozn/- # 8•!ci•= •s ai March 31, 2o24

R• aluation liuroluz

"*•

I, I37,8O1,S0t

Rc4'x*g ’

’ ^^ °‘ ! • ° d=••rdcrcn+j «s

DIItECTOa

Head Officd:

Bungfow NO. 5, Bangalore Town, Shahrah-e-Faisal, Karachi.

+92-21—111-Z58339

Regional Office - Central

58-S, Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore.

Regional Office - North

Building # 2A, Airport Link Road, Chaklala, Rawalpindi.