Diesel & Motor Engineering PlcCSELK: DIMO.N0000

Interim financial statements for the 3 months period ended 30th june 2025

Aug 11, 2025 at 3:05 AM UTC · Issued by Diesel & Motor Engineering PLC

DIESEL & MOTOR ENGINEERING PLC

INTERIM FINANCIAL STATEMENTS - FOR THE 3 MONTHS PERIOD ENDED 30TH JUNE 2025

Group Company

STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

Group Company

Audited Year ended	Audited Year ended		Unaudited 3 months to	Unaudited 3 months to	Variance	Unaudited 3 months to	Unaudited 3 months to Variance
31-03-2025	31-03-2025		30-06-2025	30-06-2024	%	30-06-2025	30-06-2024 %
Rs.'000	Rs.'000		Rs.'000	Rs.'000		Rs.'000	Rs.'000
50,174,979	38,923,793	Revenue	16,810,545	10,011,570	68	13,751,881	8,093,735	70
(38,781,289)	(30,011,486)	Cost of sales	(13,197,737)	(7,754,813)	70	(10,719,925)	(6,236,123)	72
11,393,690	8,912,307	Gross profit	3,612,808	2,256,757	60	3,031,956	1,857,612	63
455,382	1,051,470	Other operating income	54,968	202,792	(73)	225,291	285,344	(21)
(1,561,974)	(1,429,887)	Selling and distribution expenses	(840,488)	(610,578)	38	(749,773)	(541,517)	38
(370,648)	(312,499)	Impairment (loss)/reversal on trade receivables	13,708	(101,576)	(113)	24,931	(63,991)	(139)
(9,262,873)	(7,378,620)	Administrative expenses	(1,926,474)	(1,682,387)	15	(1,428,282)	(1,332,672)	7
653,577	842,771	Operating profit	914,522	65,008	1,307	1,104,123	204,776	439
50,907	248,900	Finance income	137,266	26,683	414	173,858	82,404	111
(2,650,714)	(1,934,291)	Finance costs	(666,705)	(734,579)	(9)	(487,982)	(531,652)	(8)
(2,599,807)	(1,685,391)	Net finance costs	(529,439)	(707,896)	(25)	(314,124)	(449,248)	(30)
(1,825)	(1,825)	Share of results of equity-accounted investees, net of tax	7,614	8,952	(15)	7,614	8,952	(15)
(1,948,055)	(844,445)	Profit/(loss) before tax	392,697	(633,936)	162	797,613	(235,521)	439
639,589	282,690	Income tax (expense)/reversal	(142,863)	169,449	184	(217,631)	63,711	442
(1,308,466)	(561,755)	Profit/(loss) for the period	249,834	(464,487)	154	579,982	(171,809)	438
		Other comprehensive income
		Items that will not be reclassified to profit or loss in
		subsequent periods
(261,370)	(223,829)	Remeasurement loss on defined benefit obligation	-	-	-	-	-	-
78,411	67,149	Deferred tax reversal on actuarial gain	-	-	-	-	-	-
-	-	Net change in fair value of equity investments at FVOCI	-	7	(100)	-	7	(100)
(182,959)	(156,680)		-	7		-	7
		Items that are or may be reclassified to profit or loss in
		subsequent periods
27,290	27,984	Foreign currency translation differences of foreign operations	(171)	31,666	(101)	6,237	28,586	(78)
27,290	27,984		(171)	31,666		6,237	28,586
(155,669)	(128,696)	Total other comprehensive income for the period, net of tax	(171)	31,673	(101)	6,237	28,593	(78)
(1,464,135)	(690,451)	Total comprehensive income for the period	249,663	(432,814)	158	586,219	(143,216)	509
		Profit /(loss) attributable to:
(1,264,745)	(561,755)	Equity holders of the parent	284,274	(456,174)		579,982	(171,809)
(43,721)	-	Non-controlling interest	(34,440)	(8,313)		-	-
(1,308,466)	(561,755)		249,834	(464,487)		579,982	(171,809)
		Total comprehensive income / (loss) attributable to:
(1,425,382)	(690,451)	Equity holders of the parent	284,146	(427,937)		586,219	(143,216)
(38,753)	-	Non-controlling interest	(34,483)	(4,877)		-	-
(1,464,135)	(690,451)		249,663	(432,814)		586,219	(143,216)
(137.00)	(60.85)	Basic and diluted earnings/(loss ) per share (Rs.)	30.79	(49.42)		62.83	(18.61)
		Figures in brackets indicate deductions

Diesel & Motor Engineering PLC

Unaudited	Unaudited
as at	as at
30-06-2025	30-06-2024
Rs.'000	Rs.'000
20,639,245	17,741,955
765,231	562,092
2,209,891	1,663,360
-	-
-	158,982
-	143
8,450	10,568
1,397,745	977,967
25,020,562	21,115,067
12,034,259	9,294,337
17,933,357	13,177,595
4,010,406	3,943,185
119,744	109,818
-	65,187
2,351	4,081
4,248,479	3,887,173
38,348,596	30,481,376
-	-
38,348,596	30,481,376
63,369,158	51,596,443
620,578	620,578
7,125,547	7,130,296
7,475,303	8,177,204
15,221,428	15,928,078
466,578	441,586
15,688,006	16,369,664
2,525,684	1,950,779
764,955	531,901
1,681,172	1,243,981
2,795,034	2,847,328
153,478	260,551
7,920,323	6,834,540
2,776,544	2,003,004
2,249,089	2,295,306
644,631	741,211
121,832	151,961
3,429,601	1,650,417
9,214	42,036
30,444,568	21,409,302
85,350	99,002
39,760,829	28,392,239
47,681,152	35,226,779
63,369,158	51,596,443

Unaudited		Unaudited
as at		as at
30-06-2025		30-06-2024
Rs.'000		Rs.'000
16,548,484		16,300,901
578,413		357,240
897,165		747,024
3,433,003		1,656,292
-		158,982
-		143
-		-
-		-
21,457,065		19,220,582
8,930,810		6,088,616
12,187,984		9,128,194
2,096,200		2,044,845
16,433		16,433
5,604,065		2,536,488
-		-
2,850,580		2,401,576
31,686,072		22,216,152
-		-
31,686,072		22,216,152
53,143,137	41,436,734
620,578	620,578
7,143,103	7,136,290
7,513,886	7,481,714
15,277,567	15,238,582
-	-
15,277,567	15,238,582
2,214,645	1,746,320
586,112	355,327
1,458,022	1,083,233
2,726,723	2,789,053
14,925	29,437
7,000,427	6,003,370
1,630,820	1,555,331
1,715,219	1,736,836
516,800	649,220
85,766	87,844
2,762,253	1,032,370
360	7,540
24,151,340	15,088,270
2,585	37,371
30,865,143	20,194,782
37,865,570	26,198,152
53,143,137	41,436,734

STATEMENT OF FINANCIAL POSITION

Group	Company	Group Company
Audited as at	Audited as at
31-03-2025	31-03-2025
Rs.'000	Rs.'000
		ASSETS
19,247,115	16,428,633	Property, plant and equipment
736,705	604,661	Right-of-use assets
2,129,162	843,415	Intangible assets and goodwill
-	3,433,003	Investments in subsidiaries
-	-	Investments in equity accounted investees
-	-	Equity securities
8,898	-	Other financial assets
1,315,468	-	Deferred tax assets
23,437,348	21,309,712	Total non-current assets
10,610,519	7,348,234	Inventories
15,733,645	10,477,796	Trade and other receivables
3,712,034	1,920,957	Other current assets
112,707	16,632	Income tax receivable
376	2,673,570	Amounts due from related parties
2,315	-	Other financial assets
3,055,406	1,942,577	Cash and cash equivalents
33,227,002	24,379,766
38,545	38,545	Assets Held for Sale
33,265,547	24,418,311	Total current assets
56,702,895	45,728,023	TOTAL ASSETS
		EQUITY AND LIABILITIES
		EQUITY
620,578	620,578	Stated capital
7,125,675	7,136,866	Other components of equity
7,191,029	6,933,904	Revenue reserves
14,937,282	14,691,348	Equity attributable to equity holders of the parent
501,061	-	Non-controlling interests
15,438,343	14,691,348	TOTAL EQUITY
2,638,267	2,282,170	Interest bearing borrowings
755,605	616,886	Lease liabilities
1,643,258	1,426,889	Employee benefits
2,569,978	2,509,093	Deferred tax liabilities
646,156	272,246	Contract liabilities
8,253,264	7,107,284	Total non-current liabilities
3,145,497	2,107,811	Trade payables
2,045,104	1,356,161	Other current liabilities
735,483	609,060	Current portion of long-term interest bearing borrowings
96,540	73,673	Lease liabilities
2,332,543	1,810,083	Contract liabilities
21,279	1,564	Income tax payable
24,549,436	16,530,765	Short-term interest-bearing borrowings
85,406	1,440,274	Amounts due to related parties
33,011,288	23,929,391	Total current liabilities
41,264,552	31,036,675	Total liabilities
56,702,895	45,728,023	TOTAL EQUITY AND LIABILITIES
		It is certified that the Financial Statements have been prepared in accordance with the requirements of the Companies Act No.7 of 2007.
		(Sgd.) M.H.B.U.S.B. Mahagedara
		General Manager - Group Finance
		The Board of Directors is responsible for these Financial Statements.
		Signed for and on behalf of the Board.

(Sgd.) A. R. Pandithage (Sgd.) A.G. Pandithage (Sgd.) B.C.S.A.P. Gooneratne

Chairman Group Managing Director/Chief Executive Officer Director/Chief Financial Officer

07th August 2025

Diesel & Motor Engineering PLC

Statement of Changes in Equity

Group

For the three months ended 30th June

As at 01st April 2024

Total comprehensive income

Profit for the year

Other Components of Equity Revenue Reserves

Stated Capital	Revaluation Reserve	Fair value Reserve	Foreign Currency Translation	General Reserve	Retained Earnings	Non-Controlling Interests Total
			Reserve			Non-Controlling Interests Total
Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000
620,578 7,157,700 (268) (55,373) 5,392,290 3,287,245						446,463	16,848,635
- - - - - (456,174)						(8,313)	(464,487)

Other comprehensive income, net of tax	-	-	7	28,230	- -	3,436	31,673
	-	-	7	28,230	- (456,174)	(4,877)	(432,814)
Dividends to equity holders
- 2023/24 Final dividend - - - -					- (46,157)	-	(46,157)
As at 30th June 2024 620,578 7,157,700 (261) (27,143)					5,392,290	2,784,914	441,586	16,369,664

As at 01st April 2025	620,578	7,157,700	- (32,025)	5,392,290	1,798,739	501,061	15,438,343
Total comprehensive income Profit for the period	-	-	- -	- -	284,274	(34,440)	249,834
Other comprehensive income, net of tax	-	-	- (128)	-	-	(43)	(171)
- - - (128) - 284,274						(34,483)	249,663

As at 30th June 2025 620,578 7,157,700 - (32,153) 5,392,290 2,083,013						466,578	15,688,006

Company

Other Components of Equity Revenue Reserves

For the three months ended 30th June Stated Capital

Revaluation Reserve

Fair Value Reserve

Foreign Currency Translation Reserve

General Reserve

Retained Earnings

Total

Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000

As at 01st April 2024	620,578	7,134,773	(1,185)	(25,891)	4,929,464	2,770,216	15,427,955
Total comprehensive income Profit for the period	-	-	-	-	-	(171,809)	(171,809)
Other comprehensive income, net of tax	-	-	7	28,586	- -		28,593
	-	-	7	28,586	- (171,809)		(143,216)
Dividends to equity holders - 2023/24 Final dividend	-	-	-	-	-	(46,157)	(46,157)
As at 30th June 2024	620,578	7,134,773	(1,178)	2,695	4,929,464	2,552,250	15,238,582

As at 01st April 2025

620,578

7,134,773

2,093

4,929,464

2,004,440

14,691,348

Total comprehensive income

Profit for the period

- -

- 579,982

579,982

Other comprehensive income, net of tax

- 6,237

- -

6,237

- - - 6,237 - 579,982 586,219

As at 30th June 2025 620,578 7,134,773 - 8,330 4,929,464 2,584,422 15,277,567

Figures in brackets indicate deductions.

Statement of Cash Flows

Group Company

Cash Flows from Operating Activities

Profit/(loss) before tax

Adjustments for;

Depreciation on property, plant and equipment Amortisation of intangible assets

Depreciation and derecognition of right-of-use assets Exchange rates impact on term loan revaluation

Loss / (gain) on sale of property, plant and equipment Interest expenses

Finance income

Share of (gain)/loss of equity-accounted investees, net of tax Gain on disposal of equity-accounted investee

Impairment loss /( Reversal )on trade receivables Impairment loss on equity-accounted investees Provision/(reversal) on inventories

Provision for employee benefits obligation excluding actuarial gain

Changes in working capital Decrease/(increase) in inventories (Increase) in trade and other receivables (Increase) in other current assets

(Increase)/decrease in amounts due from related parties Increase/(decrease) in trade payables

Increase in other current liabilities Increase in contract liabilities

(Decrease) in amounts due to related parties

Cash from / (used in) operating activities

Interest paid

Employee benefits paid Income tax paid

Net cash from /(used) in operating activities Cash Flows from Investing Activities

Net proceeds from sale of property, plant and equipment Interest received

Investments in other financial assets

Acquisition and construction of property, plant and equipment and capital work-in-progress

Proceeds from disposal of equity-accounted investee Acquisition of intangible assets and capital work-in-progress Net cash used in investing activities

Cash Flows from Financing Activities

Repayment of long-term borrowings

Net movement of short-term borrowings Repayment of lease liabilities

Net cash from / (used) financing activities Net increase in cash and cash equivalents

Cash and cash equivalents as at 01st April

Effect of exchange rate changes on cash and cash equivalents

Cash and cash equivalents as at 30th June (Note-A)

Note - A

Analysis of Cash and Cash Equivalents as at 30th June

Cash and bank balances Bank overdrafts

Cash and cash equivalents

Figures in brackets indicate deductions.

Unaudited		Unaudited	Unaudited		Unaudited
3 months to		3 months to	3 months to		3 months to
30-06-2025		30-06-2024	30-06-2025		30-06-2024
Rs.'000		Rs.'000	Rs.'000		Rs.'000

392,697		(633,936)	797,613		(235,521)
159,417		114,633	118,529		87,267
17,562		18,548	17,471		18,496
33,111		37,987	25,691		24,582
(4,568)		(3,898)	(3,161)		(8,870)
315		(26,131)	315		(26,056)
666,705		734,579	487,982		531,652
(29,205)		(26,683)	(173,858)		(82,404)
(7,614)		(8,952)	(7,614)		(8,952)
(26,598)		-	(26,598)		-
(13,708)		101,576	(24,931)		63,991
8,742		-	8,742		-
60,843		39,706	81,998		7,611
38,884		57,303	31,835		50,773
1,296,583		404,732	1,334,014		422,569
(1,471,224)		409,766	(1,651,215)		1,140,346
(2,213,420)		(1,648,236)	(1,735,119)		(2,228,202)
(288,372)		(383,949)	(165,265)		(430,477)
376		(32,491)	(2,930,495)		1,486,723
(368,953)		801,291	(476,991)		919,962
195,185		455,140	396,723		413,910
601,220		186,768	694,449		274,971
(56)		(85,163)	(1,437,689)		(11,342)
(2,248,661)		107,858	(5,971,588)		1,988,461
(666,705)		(735,530)	(526,652)		(544,457)
(970)		(54,692)	(702)		(52,937)
(10,385)		(50,000)	-		-
(2,926,721)		(732,364)	(6,498,942)		1,391,067
509		26,175	509		26,056
42,514		26,683	173,858		82,404
412		2,831	-		-
(1,566,125)		(396,184)	(225,021)		(144,508)
55,000		-	55,000		-
(98,292)		(65,373)	(71,221)		(65,372)
(1,565,982)		(405,868)	(66,876)		(101,420)
(120,563)		(169,844)	(159,785)		(137,474)
5,757,313		2,053,584	7,593,663		(821,713)
(30,307)		(50,059)	(18,680)		(34,514)
5,606,443	1,833,681		7,415,198	(993,701)
1,113,740		695,449	849,380	295,946
2,914,811		3,383,640	1,942,577	2,019,556
34,146		33,816	31,711	26,949
4,062,697		4,112,905	2,823,668	2,342,451
4,248,479		4,416,820	2,850,580	2,401,576
(185,782)		(303,915)	(26,912)	(59,125)
4,062,697		4,112,905	2,823,668	2,342,451

NOTES TO THE INTERIM FINANCIAL STATEMENTS

Corporate information
Diesel & Motor Engineering PLC (the Company) is a public limited liability Company, incorporated and domiciled in Sri Lanka. The registered office and principal place of business of the Company is located at No. 65, Jethawana Road, Colombo 14. The ordinary shares of the Company are listed at the Colombo Stock Exchange.
Basis of preparation
The interim condensed financial statements have been prepared in accordance with Sri Lanka Accounting Standard - LKAS 34 Interim Financial Reporting. These interim condensed financial statements should be read in conjunction with the group annual consolidated financial statements for the 3 months ended 30th June 2025.
These financial statements provide the information as required in terms of Rule 7.4 of the Colombo Stock Exchange.
Operating segment information
The operating business segments are organised and managed separately according to the nature of the products and services provided. The primary segment reporting format is determined based on products and services offered as the Group's risk and returns are affected predominantly by differences in the products and services offered.
Other information
1. Contingent liabilities
  The Contingent liabilities as at 30th June 2025, on guarantees given by the Company in respect of bid bonds, performance bonds and advance payments amounted to Rs. 7,057 million (Rs.5,470.1 million as at 31st March 2025).
2. Capital expenditure commitments
  Capital expenditure committed, for which no provision has been made in the interim condensed financial statements, amounted to approximately Rs. 3,552.7 million ( Rs. 224.7 million as at 31st March 2025).
3. Comparative information
  Where necessary comparative figures have been reclassified to conform with the current period's presentation.
4. Investment and acquisition of subsidiaries
  There has not been a change in the composition of the Group during the period ended 30th June 2025.
5. Events occurring after the reporting period

There were no material events that occurred after the reporting date that require adjustments or disclosure to the Financial Statements for the period ended 30th June 2025 .

Diesel & Motor Engineering PLC

Interim Financial Statements - For the 3 months period ended 30th June 2025

NOTES TO THE FINANCIAL STATEMENTS

OPERATING SEGMENT INFORMATION

The Group comprises of the following main business segments.

Segment Product & Services

Mobility Sale of brand new vehicles, special purpose vehicles , pre-owned vehicles and transportation service

Automotive Engineering Solutions Premium vehicles aftersales, mainstream vehicles aftersales, marine and general engineering, assembly of vehicles and pumps, recreation of vehicles (camper trailer) and education in engineering and automotive solutions

Retail

Infrastructure Engineering

Agriculture

Power Engineering & Building Technologies Healthcare

Sale of automotive parts, tyres, auto-care solutions, lighting products, power tools, home appliances, gardening and construction solutions

Sales and services of construction machinery, storage & material handling solutions, car parking solutions , projects in water & fluid management

Import, processing, distribution of fertilizer, seeds, agrochemical & plant nutrients, agri machinery, value-added organic food (fruits, vegetables, virgin coconut oil) products for export and local markets, trading of coconut based products, R&D techno parks, agri advisory services, agriculture pipes, advance agri technologies including micro-irrigation & greenhouse projects, processing & sales of coconut shell charcoal for local & export markets and operates customer experience centre.

Engineering and related solutions in power & energy, generation of solar power, building technologies , elevator and escalator solutions Medical equipments, consumables, pharmaceuticals, cardiology devices and contrast mediums

Mobility

Automotive Engineering Solutions

Retail

Infrastructure Engineering Agriculture Power Engineering & Building

Technologies

Healthcare

Total

For the period ended 30th June	2025	2024	2025	2024	2025	2024	2025	2024	2025	2024	2025	2024	2025	2024	2025	2024
	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000	Rs.'000
Business Segment Turnover and Results
Total segment revenue	2,928,460	482,561	2,249,298	1,679,843	1,956,177	1,834,339	1,038,061	407,000	7,051,640	4,457,591	944,783	787,635	902,215	488,470	17,070,634	10,137,439
Inter-segment revenue	-	(2)	(193,452)	(82,114)	(9,783)	(9,557)	(4,615)	(11,914)	(31,663)	(14,113)	(20,576)	(8,169)	-	-	(260,089)	(125,869)
Total external revenue	2,928,460	482,559	2,055,846	1,597,729	1,946,394	1,824,782	1,033,446	395,086	7,019,976	4,443,478	924,208	779,466	902,215	488,470	16,810,545	10,011,570
Segment results	343,217	29,270	469,273	450,689	178,458	261,795	187,211	6,943	376,154	(37,451)	44,901	(47,432)	19,313	6,652	1,618,527	670,466
Unallocated other income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32,560	202,792
Unallocated expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	(736,565)	(808,249)
Unallocated Finance income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	137,266	26,683
Unallocated Finance expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	(666,705)	(734,579)
Share of results of equity-accounted investees	-	-	7,757	17,628	-	-	-	-	-	-	(143)	(8,676)	-	-	7,614	8,952
Income tax expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	(142,863)	169,449
Loss for the period	-	-	-	-	-	-	-	-	-	-	-	-	-	-	249,834	(464,487)
Business Segment Assets and Liabilities
Segment assets	1,971,681	744,555	3,773,814	3,170,210	4,414,672	5,019,975	3,899,438	2,107,338	12,599,026	12,436,852	7,234,805	2,975,677	3,687,061	2,290,708	37,580,497	28,745,315
Unallocated assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,788,661	22,851,128
Total assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	63,369,158	51,596,443
Segment liabilities	5,361,634	464,347	484,468	411,709	1,611,830	1,716,887	1,498,529	795,620	7,708,056	7,408,770	4,706,079	2,056,242	1,749,868	1,742,245	23,120,464	14,595,820
Unallocated liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,560,688	20,630,959
Equity	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,688,006	16,369,664
Total equity and liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	63,369,158	51,596,443
Other Information
Capital expenditure	46,332	5,134	29,814	28,475	564	526	11,633	-	16,874	26,665	16,430	17,750	23,471	-	145,118	78,550
Capital expenditure - new business initiatives	-	-	-	-	-	-	-	-	-	-	1,367,856	239,717	-	-	1,367,856	239,717
Unallocated capital expenditure	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53,151	77,917
Depreciation and amortisation	3,712	3,034	24,088	16,245	3,834	6,536	6,711	4,633	40,353	13,998	13,021	5,751	4,951	6,339	96,670	56,535
Unallocated depreciation and amortisation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	80,309	76,647

Diesel & Motor Engineering PLC

Interim Financial Statements - For the 3 months period ended 30th June 2025 Page 6 of 9

INVESTOR INFORMATION

Market Value of Shares

Quarter to 30-Jun-24

Rs.

700.00

513.00

655.25

Quarter to 30-Jun-25

Rs.

1,221.00

900.00

1,114.75

The market value of an ordinary share of Diesel & Motor Engineering PLC is as follows:

Highest price per share

May 30, 2025

May 10, 2024

Lowest price per share

April 7, 2025

April 2, 2024

Last Traded price per share

June 30, 2025

June 28, 2024

Market Capitalisation

As at 30-Jun-25

10,290,808

As at 30-Jun-24

Market Capitalisation (Rs.'000) 6,048,936

Ratios Group Company

30-Jun-25

62.83

1,654.94

0.74

2.63

30-Jun-25

30.79

1,648.86

0.66

1.59

30-Jun-24 30-Jun-24

E.P.S. Rs*

(49.42)

(18.61)

Net asset value per share*

1,725.41

1,650.72

Quick asset ratio

0.75

0.80

Interest cover (times)

0.14

0.56

* Earnings & net assets per share are based on 9,231,494 shares in issue as at 30th June 2025.

The stated capital consists of 9,231,494 Ordinary shares.

Diesel & Motor Engineering PLC

Interim Financial Statements - For the 3 months period ended 30th June 2025

Statement of share holding of Directors (Including Spouses)
		30th June 2025
Name	Shares		%
Mr.A.R.Pandithage	2,006,924		21.74%
Mr.A.G.Pandithage	593,695		6.43%
Mr.A.M.Pandithage	233,138		2.53%
Mr.C.R.Pandithage	239,944		2.60%
	3,073,701		33.30%

Mr. A. D. B. Talwatte, Dr.H.Cabral, Mr.B.C.S.A.P Gooneratne, Mr. H.M.A. Jayasinghe, Mr. P. K. W. Mahendra, Mr. S. R. W. M. C. Ranawana, Ms.D.N.K Kurukulasuriya, Mr. R.A.Jayawardane and Mr.H.A.C. Perera who are Directors of the Company did not hold any shares of the Company as at 30th June 2025.

Public holding %
As at 30th June 2025 Public Holding %	59.47%
Number of Public shareholders	2,289
Float Adjusted Market Capitalization (Rs.)	6,120,374,333

The Company complies with Option 02 of Listing Rules 2.1.2 A (i)(c), which stipulates that for a Float Adjusted Market Capitalization not exceeding Rs. 7.5 billion and not equal to or less than Rs. 5.00 billion, a minimum of 5% public holding is required

Top twenty major shareholders Name	Shares	30th June 2025	%
Hayleys PLC	1,040,291		11.27%
Mr. A.R. Pandithage	1,030,882		11.17%
Mrs. J.C. Pandithage	976,042		10.57%
Employee's Provident Fund	923,149		10.00%
A & G Investments Pvt Limited	667,395		7.23%
Mr. S.C. Algama	590,497		6.40%
Mr. A.G. Pandithage	546,846		5.92%
Mr. C.R. Pandithage	239,944		2.60%
Mr A.N. Algama	222,288		2.41%
Assetline Finance Limited/Suhada Gas Distributors	221,193		2.40%
Mr. A.M. Pandithage	189,611		2.05%
Dr. D. Jayanntha	166,400		1.80%
Miss. T.R.N.C. Peries	153,929		1.67%
Mr. T.G.H. Peries	139,407		1.51%
Mr. N.U.Algama	123,598		1.34%
Seylan Bank PLC / Karagoda Loku Gamage Udayananda	83,664		0.91%
Mr M.L. Algama	69,976		0.76%
Ms L.S. Algama	69,975		0.76%
Moma Advisory (Pvt) Ltd	56,877		0.62%
Mr. J.M.A.C.N.C. Wickremasinghe	54,003		0.58%
Sub Total	7,565,967		81.96%
Others	1,665,527		18.04%
Total Issued Shares	9,231,494		100.00%

Diesel & Motor Engineering PLC

Interim Financial Statements - For the 3 months period ended 30th June 2025

CORPORATE INFORMATION

Name of the Company Group Management Committee

Diesel & Motor Engineering PLC A. R. Pandithage (Chairman)

A. G. Pandithage

Legal Form S. C. Algama

A Quoted Public Company with Limited Liability, incorporated in Sri Lanka in 1945. B. C. S. A. P. Gooneratne

R. K. J. Gunasekera

Company Registration Number D.N.K.Kurukulasuriya

PQ 146 P. K. W. Mahendra

C. R. Pandithage

Board of Directors S.R.W.M.C.Ranawana

A. R. Pandithage - Dip. in Eng (Chairman) R.D.M.P. Wickramasinghe

A. G. Pandithage - FCMA ( Managing Director,Group Chief Executive Officer) H.M.P.D.B. Dematawa

Dr. H. Cabral - PC, PhD ( university of Canberra) G.P.M.S. Karunaratne

B. C. S. A. P. Gooneratne - FCA (ICASL), FCMA ,MBA (USJ) M.D.H.Pieris

H.M.A.Jayesinghe FCA (ICASL), FCMA, CPFA M H B U S B Mahagedara

P. K. W. Mahendra - B.Eng (University of Greenwich-UK)

A. M. Pandithage - Fellow of CILT (UK) Bankers

S. R. W. M. C. Ranawana - MBA (Wanborough University-UK) Bank of Ceylon

A. D. B. Talwatte - FCMA (UK), FCA (ICASL), MBA (USJ) ( Retired on 31st July 2025 ) Commercial Bank of Ceylon PLC

D. N. K. Kurukulasuriya - Attorney at Law, EMBA (UWL). DFCC Bank PLC

C. R. Pandithage - BBCom (Monash University-Aus), MBA (RMIT University - Aus). Hatton National Bank PLC

R.A.Jayawardane- MBA ( USJ), Dip in Mkt ( CIM-UK) Hong Kong & Shanghai Banking Corporation Ltd H.A.C.Perera - MBA (ECU-Australia ), B.Sc. Computer Science & Engineering ( University of Moratuwa ) Nations Trust Bank PLC

I.A.Wickramasinghe -MBA (USJ),Dip in Mkt (CIM-UK),FCIM (CIM-UK) ( Appointed w.e.f. 1st August 2025) People's Bank

Sampath Bank PLC

Company Secretary Seylan Bank PLC

B. C. S. A. P. Gooneratne - FCA (ICASL), FCMA ,MBA (USJ) Standard Chartered Bank Union Bank of Colombo PLC

Registrars

Jacey and Company

No.9/5, Thambiah Avenue, Auditors

Off Independence Avenue, KPMG

Colombo 07, Sri Lanka Chartered Accountants,

P.O. Box 186,

Audit Committee No.32A, Sir Mohamed Macan Markar Mawatha,

H.M.A.Jayasinghe ( Chairman w.e.f.1st August 2025)

A. D. B. Talwatte - Retired on 31st July 2025 Colombo 03, Sri Lanka

Dr. H. Cabral

A. M. Pandithage Lawyers

R.A.Jayawardane Julius & Creasy

H.A.C.Perera Attorneys-at-law & Notaries Public,

I.A.Wickramasinghe Julius & Creasy Building,

No. 371, R.A. de Mel Mawatha,

Remuneration Committee Colombo 3 , Sri Lanka

H.M.A.Jayesinghe (Chairman)

Dr. H. Cabral Registered Office

A. M. Pandithage P.O. Box 339, No. 65, Jetawana Road, Colombo 14,

A. D. B. Talwatte ( Retired on 31st July 2025) Sri Lanka

I.A.Wickramasinghe Telephone : +94-11- 2449797, +94-11- 2338883

Facsimile : +94-11-2449080

Nomination & Governance Committee Website : https://www.dimolanka.com

H.M.A.Jayesinghe (Chairman) E-mail : dimo@dimolanka.com

Dr. H. Cabral

A. M. Pandithage

A. D. B. Talwatte ( Retired on 31st July 2025) I.A.Wickramasinghe

Related Party Transactions Review Committee

H.M.A.Jayesinghe (Chairman) w.e.f 1st August 2025

A. D. B. Talwatte - Retired on 31st July 2025 Dr. H. Cabral

A. M. Pandithage R.A.Jayawardane H.A.C.Perera I.A.Wickramasinghe

Diesel & Motor Engineering PLC

Interim Financial Statements - For the 3 months period ended 30th June 2025

Earlier from Diesel & Motor Engineering

All Diesel & Motor Engineering news releases