Financial Results for the Quarter Ended -31-03-2025

STEELS LTD.

Ayril 2g, 2025

The General Manager

Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road

Karachi.

Subject: FINANCIAL RESULTS FOR THE QUARTER ENDED MARCH 31, 2025.

We would like to inform you that the Board of Directors of Dost Steels Limited in their meeting held on Monday, April 28, 2023 at the registered office at 4* Floor, Office # 6-F, Al-Hafeez Tower, 81.iI. zlam Road, Gulberg-Ill, Lahore has recommended the followings:

I. Cash Dividcnd :

1. Bonus Shares:

2. R.ight Shares:

Nil Nil Nil

A copy of Profit & Loss Account for the quarter ended March 31, 2023 is enC1osed. The Financial Statements for the quarter ended March 31, 2023 will be transmitted tlirotlgli PUCARS stpaFatel'.

ANY OTIIFR COItI'ORATE ACTION

It is further approved by the Board that Il›e Chairman is bciiig authorized to siblethe agrccntcnt bcn›ccn the Banks A Company.

Since llie Company has nor declared any payouts, therefore No Oook closure is required.

Yours truly,

Dust Steels Limited

Company Secretary

CC To:- The Executive Director / iiOD,

Offsite-II Department, $uperYision Divisoh

Securities

DOST STEELTD. ..,

Office 0 G-F, 4th Floor, Al-Hafeez Tower,

M.I1. Alam ftoad, Gulherg III, “

Lahore.

Ph: 042-35785352

Head Office:

MIII Site: 52 km, Mullan Road. Phoolnagar - 55260. Pakiston.

@ https://www.doststeels.com «* info0doststeeIs,com f /dosIsIeeIs In /company/dost-steels-ltd

DOST STEELS LIMITED

STATE6iENT OF FINANCIAL POSITION

•tS AT 31 6JARCI1 2025-UN AUDITED

PROPERTY’ AhD ASSETS NON CURRE.WASSETS

Properly’, plant and equipment

Intangible csscts

Long lcm sccurity deposits Deferred tax assets

CURREhT ASSETS

Stores and sparcs Stock in vadc Trade debtors Advmcts

Taxes rcco 'ciablc/ adjuslablc

Cth md bsl: bJa»ccs

2025

Noit

7

8

9

2,538,583,444

t0 II 12

13

l4

June 2024

2,498,030,999

t›000 40,55t,44S

2,50y,JJ",0Jl

I,0£J0

Jfi,52l,JJ*

Rupees

2.547,979.486

TOTAL PROFEltTY AND ASSETS

EQUITY AhD LIABILITIES SHARE CAPITAL AND RESERVES

Discount on issue of shorts

Itcvcnuc reserve

Accumulated loss

NOh-CURIlENT LIABILITIES

Ad›’aricc for i•suancc of shares - unsecured

Lorig icing h0rro\ ings - secured Marl:up accrued on sccurcd horruwings Duma d liabilities

CUftftE.N'f LII BILITIES

Trade and other payables - unsccurcd

Accrued mark:up

Shon lcrm borrow ings - unsecured

Current and overdue ponion of long term borrowings

COATING ENCIES AND COhIb1ITAIENTS T0J'AL EQtJl’f¥’ AND UA 01LlTIfiS

The annc.xed notes I to 2G Conn an integral part of these fiilanciaJ statements.

CAicf Executive Ofl›‹er

47,617,070 4J,20*,SJ4

2,58G,200,5l4 2,?93,I8*.350

176,514,476 311,c l8,io7

3,829,952

26,337,t76

645,507,311

If IG 19

20

2j j3

24

2,586,200/5IJ 2,T9J, I62.J30

Cim/ Financial Officer

Director

noST sTcEL3 LTNITED

STDTHhl INTOF PitOFIT OR LOSS AND 0T11EJt COMPREIfENSlYE INCOME FOR TIIE T'ERIOD ENDED 3t MARCIt 202S Uf'f•AU0ITED

n E d

M•'*¥ uv; sl•nfi slrm

10}s 20u 2031 2W*

Nvpc• Rtpctt Ruprrt RtQceS

(A.23£,G2D) (&,7W,491) (10.06',›&#)

Adi\Hi¥mTi'e and selfiIg expenses

OTH£A COHPR£1t£i SIYE IivCO6I£- SET OF1RCOII£ TAX

Int at will no be rcclwificd subsequently in the siucmcnt

Tetzl conipreheniivt lan for the i•£RIO0

* • •• °°'> ie 2t fonn < ' *•W! pm ctihtii fininciil siaieinc@

7iOST STfiELS LlhJlTgD

STATEllEfti‘ OF CHANCES IN EQUITY

Ctltf

FOft The rcnio» cnEo :M 5tARC1l 2025 tJfiI•AUDlTED

Shszzs issvcd during ihe pctiod:

luuancc of I*8,96I,7I7 or4intty skxrcs of Rs. 10 each by oiI

Discount on isscc of ordiiaq stuns other thtn

(T6,74],9D2)

4,446,955,770

koii fer iht Pwiod

Other compnhtesivc income for the period

Bakau at •i 30 boat 20tJ

Total cemprvhcnsi*e lest:

Tolal comprcIicnsi•c lou:

Loo fur the Period

OUcr comprdicnsive income for ihe period

t2,l30,224,462)

(2,005,082,741)

Oihct coaiprehraiivc income fot tht pcried

SiB•cciit3IMud20D4

4,446,9$S,770

(2,t30,22J,J62)

DOST STEELS LIMITED

STATEiIENz or cAsil FLOWS

ron Tiiz rcnioD zsDED 31 MARCH 2025 UN-AUDITED

CASH FLOYS FRO6I OPERATING ACTIVITIES

2025

Note Ttupces

2024

Rupees

Loss before taxation

Adjustments for non-cash and other iltms:

Dcprcciation

Financc cost

Provision for gratuity

Profit on baok deposit accounts

Operating caslt flows before worming capital changes (Increase)/ decrcasc in current assets:

Advances

Taxes recoveable/ adjustable

Increased (decrease) in current liabilities: Trade end otbtr payables

£•inancs cost paid

Net cash flows used In operating activities

can rows rnox INVESTING ACTIVITIES

Long term security deposits

(135,134,091) (I79,844,l4t)

107,025,743 142,049,1 ¿0

(28,108,348) (36,894,991)

â79,145

(p;;)

(37,258,339) (8S,t38,64l)

(Jl,706j (I7,378)

(37,300,045} (35,I1G.219)

Profit tcceived on bank deposit accounts 2,467

(30,000)

CASH FLOWS FflOM FINANCING ACTIVITIES

Psid Up Capital

Shon tcrm borrowings-unsecured-nct

Act increase in cash and cash cquivalcnls during the yccr

37,543,505

36,241,208

l,0B7,4S7

Cash and cash equivalents at the beginning of the year t29,! I4

Casb sad cash equlvnlcn is at tile cnJ of the year 14

Chief Flnaocial Officer

The annexed notes 1 to 26 liirm an integral part of these financial stattmtnts.

1.2l5,S7l