December 04, 2025
The General Manager
Pakistan Stock Exchange Limited, Stock Exchange Building,
Stock Exchange Road,
Karachi
Dear Sir,
Financial Results for the period ended September 30, 2025
Burshane LPG (Pakistan) Limited
Suite 10 i , 1st Floor, Hcr‹zo.' *istr
!Ct TO . /C [Tj red FC If |- . OF -
Scheme Nn. 5, lihon, Kr racl i - 75DOO
UAN 92 t21) 111 11 BPL t27¿!
Tel 97/1)35878356,353098Z0&Z3
Lo• 92 21)358/ 8853
We are hereby informing that the Board of Directors of our Company in their meeting held on Thursday, December 04, 2025 at 11 : 30 a.m. through video conferencing at Head Office, Karachi, have considered and approved the un-audited financial statements of the Company for the perlod ended September 30, 2025 and recommended the following:
CASH DIVIDEND NIL
BONUS SHARES
NIL
RIGHT SHARES NIL
FINANCIAL RESULTS
The unconsolidated and consolidated financial results of the Company for the perlod ended September 30, 2025 are enclosed as Annexure-A and Annexure-B:
The quarterly report of the Company for the period ended September 30, 2025 will be transmitted through PUCARS separately.
Yours Sincerely,
For and on behalf of
Burshane LP akistan) Limited
Daniyal Mughal
(Company Secretary)
Copy for information to:
- The Director/HOD
Surveillance, Supervision and Enforcement Department, SECP, Islamabad
kegistei ed in f°akisLan No. 0002370 '' K 2 13 kegistei ed Office Suite 10 I , I " Floor Honzon VisLa. Plot No. LoiJJnJei c al- 10, Block-4 Scheme No. fi,
Clifton. Karachi 7fi600
R egJon n t 0 ffl ‹ e S ou t h 6- Fi Ili n g Plant FJI IJn g PIant Fa i sata bad
(Un-Audited) | (Audited) |
September 30, | June 30, |
2025 | 2025 |
--------- (Rupees in '000) --------- | |
ASSETS |
NON-CURRENT ASSETS |
Property, plant and equipment |
Intangible assets |
Long-term investment |
Long-term deposits |
865,583 | 877,384 | |
33,675 | 36,184 | |
50,000 | 50,000 | |
3,174 | 3,174 | |
952,432 | 966,742 |
NON-CURRENT LIABILITIES |
Long-term loan |
Lease liabilities |
Cylinder and regulator deposits |
- |
15,648 |
342,426 |
358,074 |
- |
16,180 |
355,583 |
371,763 |
CURRENT ASSETS |
Stores and spares |
Stock-in-trade |
Trade debts |
Loans and advances |
Deposits, prepayments and other receivables |
Taxation - net |
Cash and bank balances |
9,907 9,172 |
23,875 18,150 |
83,110 40,508 |
1,238 34,507 |
39,114 32,025 |
164,952 165,562 |
2,534 34,965 |
324,730 334,889 |
1,277,162 1,301,631 |
TOTAL ASSETS |
EQUITY AND LIABILITIES |
SHARE CAPITAL AND RESERVES |
Authorized share capital |
Issued, subscribed and paid-up capital |
Capital reserves |
Revaluation surplus of property |
Other reserves |
Revenue reserve |
900,000 900,000 |
224,888 224,888 |
178,789 | 178,789 | |
65,651 | 65,651 | |
(110,317) | (111,761) | |
359,011 | 357,567 |
CURRENT LIABILITIES |
Loan from a subsidiary company |
Trade and other payables |
Short-term loan |
Short-term borrowings |
Unclaimed dividends |
Accrued mark-up |
Current portion of long-term loan |
Current portion of lease liabilities |
50,000 50,000 |
24,240 37,788 |
76,585 67,333 |
154,000 154,000 |
83,050 83,050 |
70,720 70,648 |
89,875 97,875 |
11,607 11,607 |
560,077 572,301 |
1,277,162 1,301,631 |
TOTAL EQUITY AND LIABILITIES |
CONTINGENCIES AND COMMITMENTS |
(Un-Audited) | (Un-Audited) |
September 30, | September 30, |
2025 | 2024 |
--------- (Rupees in '000) --------- | |
Sales - net | 522,396 | 263,789 | |
Cost of sales | (491,442) | (247,992) | |
Gross profit | 30,954 | 15,797 | |
Administrative expenses | (25,454) | (24,694) | |
Distribution and marketing expenses | (17,138) | (17,461) | |
Other income | 22,837 | 12,181 | |
Other expenses | (737) | (467) | |
(20,492) | (30,441) | ||
Operating (loss) / profit | 10,462 | (14,644) | |
Financial costs | (7,712) | (15,871) | |
Profit / (Loss) before minimum tax differential and income tax | 2,750 | (30,515) | |
Minimum tax differential | (1,306) | (659) | |
(Loss) / profit before taxation Taxation | 1,444 - | (31,174) - | |
(Loss) / profit for the period | 1,444 | (31,174) |
Earnings / (Loss) per share - basic and diluted 0.06 (1.39)
(Un-Audited) | (Un-Audited) |
September 30, | September 30, |
2025 | 2025 |
--------- (Rupees in '000) --------- | |
(Loss) / profit for the period | 1,444 | (31,174) | |
Other comprehensive income | - | - | |
Total comprehensive income for the year | 1,444 | (31,174) |
(Un-Audited) | (Un-Audited) |
September 30, | September 30, |
2025 | 2024 |
--------- (Rupees in '000) --------- | |
CASH FLOWS FROM OPERATING ACTIVITIES |
Cash used in operations |
Taxes paid |
Finance costs paid |
Cylinder and regulator deposits - net |
Net cash flows used in operating activities |
(27,822) | 1,540 | |
(696) | (443) | |
(7,640) | (3,605) | |
3,525 | 3,488 | |
(32,633) | 980 |
CASH FLOWS FROM INVESTING ACTIVITIES |
Purchases of property, plant and equipment |
Proceeds from property, plant and equipment |
Net cash flows generated from / (used in) investing activities |
(518) |
- |
(518) |
(268) |
25 |
(243) |
CASH FLOWS FROM FINANCING ACTIVITIES |
Long-term loan repaid |
Short-term loan received |
Short-term loan paid |
Payment of lease liabilities |
Net cash flows used in financing activities |
Net increase in cash and cash equivalents |
Cash and cash equivalents at beginning of the period |
Cash and cash equivalents at end of the period |
(8,000) - |
9,252 14,800 |
- (9,800) |
(532) (4,457) |
720 543 |
(32,431) 1,280 |
(119,035) (150,385) |
(151,466) (149,105) |
Cash and cash equivalents at end of the period comprise of: |
Cash and bank balances |
Short-term borrowings |
2,534 | 4,895 | |
(154,000) | (154,000) | |
(151,466) | (149,105) |
Capital reserves | Revenue Reserves | ||||||||||
Issued, subscribed and paid-up capital | Reserve on amalgamation | Revaluation surplus of property | Actuarial loss on remeasurement of retirement and other service benefits | Sub total | General Reserve | Accumulated loss | Sub total | Total | |||
---------------------------------------------------------------------------------------------------------- ( Rupees in ' 000 ) --------------------------------------------------------------------------------------------------------- | |||||||||||
Balance as at July 01, 2024 | 224,888 |
95,828 | 67,577 | (30,177) | 133,228 |
90,000 | (231,283) | (141,283) | 216,833 |
Total comprehensive income for the three months period ended September 30, 2024 | ||||||||||||
Profit for the period | - | - - | - 111,212 | - - | - 111,212 | - - | 29,522 - | 29,522 - | 29,522 111,212 | |||
Other comprehensive income for the period | - | |||||||||||
- | - | 111,212 | - | 111,212 | - | 29,522 | 29,522 | 29,522 | ||||
Balance as at September 30, 2024 | 224,888 | 95,828 | 178,789 | (30,177) | 244,440 | 90,000 | (201,761) | (111,761) | 246,355 | |||
Balance as at July 01, 2025 | 224,888 |
95,828 | 178,789 | (30,177) | 244,440 |
90,000 | (201,761) | (111,761) | 357,567 |
-
-
-
-
-
-
-
-
Total comprehensive income for the three months period ended September 30, 2025 | |
Profit for the period | - |
Other comprehensive income for the period | - |
- | |
- 1,444 1,444 1,444
- - - -
- - - - - 1,444 1,444 1,444
Balance as at September 30, 2025 224,888 95,828 178,789 (30,177) 244,440 90,000 (200,317) (110,317) 359,011(Un-Audited) | (Audited) |
September 30, | June 30, |
2025 | 2025 |
--------- (Rupees in '000) --------- | |
ASSETS |
NON-CURRENT ASSETS |
Property, plant and equipment |
Intangible assets |
Long-term deposits |
865,583 | 877,384 |
33,675 | 36,184 |
3,174 | 3,174 |
902,432 | 916,742 |
NON-CURRENT LIABILITIES |
Long-term loan |
Lease liabilities |
Cylinder and regulator deposits |
- |
15,648 |
342,426 |
358,074 |
- |
16,180 |
355,583 |
371,763 |
CURRENT ASSETS |
Stores and spares |
Stock-in-trade |
Trade debts |
Loans and advances |
Deposits, prepayments and other receivables |
Taxation - net |
Cash and bank balances |
9,907 9,172 |
23,875 18,150 |
83,110 40,508 |
1,238 34,507 |
38,193 30,963 |
164,952 165,709 |
3,411 35,830 |
324,686 334,839 |
1,227,118 1,251,581 |
TOTAL ASSETS |
EQUITY AND LIABILITIES |
SHARE CAPITAL AND RESERVES |
Authorized share capital |
Issued, subscribed and paid-up capital |
Capital reserves |
Revaluation surplus of property |
Other reserves |
Revenue reserve |
900,000 900,000 |
224,888 224,888 |
178,789 | 178,789 |
65,651 | 65,657 |
(110,361) | (111,817) |
358,967 | 357,517 |
CURRENT LIABILITIES |
Trade and other payables |
Short-term loan |
Short-term borrowings |
Unclaimed dividends |
Accrued mark-up |
Current portion of long-term loan |
Current portion of lease liabilities |
24,240 37,788 |
76,585 67,333 |
154,000 154,000 |
83,050 83,050 |
70,720 70,648 |
89,875 97,875 |
11,607 11,607 |
510,077 522,301 |
1,227,118 1,251,581 |
TOTAL EQUITY AND LIABILITIES |
CONTINGENCIES AND COMMITMENTS |
(Un-Audited) | (Un-Audited) |
September 30, | September 30, |
2025 | 2024 |
--------- (Rupees in '000) --------- | |
Sales - net |
Cost of sales |
Gross profit |
Administrative expenses |
Distribution and marketing expenses |
Other income |
Other expenses |
522,396 263,789 |
(491,442) (247,992) |
30,954 15,797 |
(25,454) (24,694) |
(17,138) (17,461) |
22,856 12,220 |
(737) (467) |
(20,473) (30,402) |
10,481 (14,605) |
(7,719) (15,871) |
2,762 (30,476) |
(1,306) (659) |
1,456 (31,135) |
- - |
1,456 (31,135) |
Operating (loss) / profit |
Financial costs |
(Loss) / profit before minimum tax differential and income tax |
Minimum tax differential |
(Loss) / profit before taxation |
Taxation |
(Loss) / profit for the period |
Earnings per share - basic and diluted 0.06 (1.38)
(Un-Audited) | (Un-Audited) |
September 30, | September 30, |
2025 | 2024 |
--------- (Rupees in '000) --------- | |
(Loss) / profit for the period | 1,487 | (31,135) | |
Other comprehensive income | - | - | |
Total comprehensive income for the year | 1,487 | (31,135) |
(Un-Audited) | (Un-Audited) |
September 30, | September 30, |
2025 | 2024 |
--------- (Rupees in '000) --------- | |
CASH FLOWS FROM OPERATING ACTIVITIES |
Cash used in operations |
Taxes paid |
Finance costs paid |
Cylinder and regulator deposits - net |
Net cash flows used in operating activities |
(27,810) | 1,550 | |
(696) | (453) | |
(7,640) | (3,605) | |
3,525 | 3,488 | |
(32,621) | 980 |
CASH FLOWS FROM INVESTING ACTIVITIES |
Purchases of property, plant and equipment |
Proceeds from property, plant and equipment |
Net cash flows generated from / (used in) investing activities |
(518) |
- |
(518) |
(268) |
25 |
(243) |
CASH FLOWS FROM FINANCING ACTIVITIES |
Long-term loan received |
Short-term loan received |
Short-term loan paid |
Payment of lease liabilities |
Net cash flows used in financing activities |
Net decrease in cash and cash equivalents |
Cash and cash equivalents at beginning of the year |
Cash and cash equivalents at end of the year |
(8,000) - |
9,252 14,800 |
- (9,800) |
(532) (4,457) |
720 543 |
(32,419) 1,280 |
(118,170) (149,593) |
(150,589) (148,313) |
Cash and cash equivalents at end of the year comprise of: |
Cash and bank balances |
Short-term borrowings |
3,411 | 5,687 | |
(154,000) | (154,000) | |
(150,589) | (148,313) | |
(0) |
Capital reserves | Revenue Reserves | ||||||||||
Issued, subscribed and paid-up capital | Reserve on amalgamation | Revaluation surplus of property | Actuarial loss on remeasurement of retirement and other service benefits | Sub total | General Reserve | Accumulated loss | Sub total | Total | |||
------------------------------------------------------------------------------------------------------------- ( Rupees in ' 000 ) ------------------------------------------------------------------------------------------------------------- | |||||||||||
Balance as at July 01, 2024 | 224,888 |
95,828 | 67,577 | (30,171) | 133,234 |
90,000 | (231,445) | (141,445) | 216,677 |
Balance as at September 30, 2024 | 224,888 95,828 67,577 (30,171) 133,234 | 90,000 (262,580) (172,580) |
Profit for the period Other comprehensive income for the period | - - | - - | - - | - - | - - | - (31,135) - - | (31,135) - | (32,218) - | |||
- | - | - | - | - | - (31,135) | (31,135) | (31,135) | ||||
185,542 |
Balance as at July 01, 2025 | 224,888 |
95,828 | 178,789 | (30,171) | 244,446 |
90,000 | (201,817) | (111,817) | 357,517 |
Balance as at September 30, 2025 | 224,888 95,828 178,789 (30,171) 244,446 | 90,000 (200,361) (110,361) |
Profit for the period Other comprehensive income for the period | - - | - - | - - | - - | - - | - 1,456 - - | 1,456 - | 1,456 - | |||
- | - | - | - | - | - 1,456 | 1,456 | 1,456 | ||||
358,973 |