FIRST PUNJAB MODARABA
FPM/CORP/2025/
The General manager
Pakistan Stock Exchange Limited
Kara Chi.
Dea r Sir,
FINANCIAL RESULTS FOR THE PERIOD ENDED MARCH 3 1, 20 25We have to inform you that the Board of Directors of M/s. Punjab Modaraba Services (Private) Limited, Management Company of First Punjab Modaraba, in its board meeting held on June 30, 2025 at 12: 00 p.m., at the Registered Office at Office No. 100, 3rd Floor, National Tower, 28-Egerton Road, La hore, approved accounts for the period ended March 31, 2025 and recommended as the following:
Cash Dividend Bonus Certificates Right Certificates
Any Other Entitlement/ Corporate Action Any Other Price- Sensitive Information
NIL NIL NIL NIL NIL
The financial results of First Punjab Modaraba are enclosed herewith.
The Financial Statements of the First Punjab Modaraba for the period ended March 31, 2025 will be transmitted through PUCARS separately, within the specified time.
Thanking you.
Mahboob Ahmed Company Secretary
Offic+ No.100. 3i d Floor. Nalional "ower. 28-Egerton Road Lahore
FIftST I'UNJAO NODAftABA
STATEMENT OF PftOFlT AND L0S9 ANU OTlIEh C0MFhEllEfJ9lVE IfJCOME F0ft TfIE PERIOD EfJDED UhRCH 3t, 2025
INCOME
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For P njab Modaraba Services (Private) Limited M ara Company)
Chief Fi cial Officer
CWefExe veof
ector
Director
tJthrr i0conir
(0
72,227,526
7,424,501
773,365
50,571,483
643,164
1,696,G95
11,118,318
18
19
Mar•25 Rup00s
EXPENSES Administrative and general expenses | 20 | 15,999,834 | ||
Finance cost 21 | 91,100 292 | 92,121,41'J | ||
107,100,126 | 109,307,415 | |||
OPERATING PROFIT/(LOSS) BEFORE PROVISIONS | (34,872,000) | 3,720 743 | ||
(Provision) / Reversal of provision against i|arah denials - net | 5,157 | 87,300 | ||
(Provision) / Reversal of provision against morabaha investments - net | 3,805,380 | |||
(Provison) / Reversal of provision against musharikah investments - net | (16,728,054) | 37fi,912 | ||
(12,917,517) | 467,212 | |||
PROFIT/ (LOSS) BEFORE INCOME TAX AND LEVIES | (4779017) | 4,187,955 | ||
LEVIES | 22 | (724,950) | (1,155,198) | |
LOSS BEFORE INCOME TAX & LEVIES | (48,515,067) | 3,032,757 | ||
INCOME TAX | (14,444,193) | |||
PROFIT/ (LOSS) AFTER INCOMETAX AND LEVIES | (62,959,260) | 3,032,757 | ||
OTHER COMPREHENSIVE INCOME FOR THE PERIOD | ||||
Other Comprehensive income/ (loss) for the period | ||||
TOTAL COMPREHENSIVE INCOME/ (LOSS) FOR THE PERIOD | (62,959,260) | 3,032,757 | ||
PR0F|Tf(L0SS)PER CERT|F|CATE.BA/›1C AND DILUTED | 23 | 1.85) | 0.OS | |
The annexed notes 1 to. 26 form an integral part of these financial statements. | ||||
FlhST I'UNJAB MODARABA
STATEMENT OF CIIANGES IN EQUITY FOR TIIE FER{ *.E1DED f/lARRCH31 2025
Issued Capital Reserve Revenue Reserve
sul›scrll›od anJ ‹»tutory Subord›natcd Accumulated
rasz y lunds losses
.......................... ..........R pte ......•.................................
Total equity
310,200,000
218,176,678 r06 000.000 (6g0.257.522)
3,032,757
3,032,757
378,11^. 1E6
3,032,757
3,032,757
Balance .as al Starch 31, 2024
Balance 2S tit January 01, 2025
Loss alter income lax lor lhe period
Oihe‹ comprehensive income for lhe period Toga! comprehensive loss for the period
Balance as at March 31, 2025
340,200,000
340,200,000
340,200,000
218,176,678 218,176,678
218,176,678
500,000,000
500,000,000
500,000,000
(677,224,765) 381,151,913
(850,373080) 208,002992
(62,959.260)
(62,959,SCO)
(62,959,260) (62,959.260)
(913,332,946) 145,043,732
The annexed notes 1 to 26 form an integral part of these financial statements.
Chief Fi
Director
For Punjab Modaraba Services (Private) Limited
(Modaraba Company)
Chief Executi
ctor
FIRST PUNJAB MODARABA
CASH FLOW STATEMENT FOR THE PERIOD ENDED MARCH 31, 2025
CASH FLOW FROM OPERATING ACTIVITIES
Cash generated(rom oporatlons
D)Sbf5eTlCl$tléET /u3h 3IC91QCTnCT1S
PrccePñs frow Ii"niJsIei of ijaral assets Morahalia fiMaiiciiiq - wet
g1I*I1?nk?l1 fI10I1ClI1C| - I10t Develof›mei I prot›erties
Security deposits agaii st ii rat assels - nel
Profit paid on redeemable capital - participatory and unsecured bantcia espid
Gratuity paid
Note
March, 2025 Un March , 2024 Un audited audited
25 | 66,190,589 | 103,337,221 | |
(14,508,950) | (2,825,032) | ||
7,776,890 | 4,643,461 | ||
(9,506,948) | (6,668,633) | ||
22,966,736 | 29,746,624 | ||
9,999,999 | (221,290) | ||
501,105 | 6,028,579 | ||
(139,297,126) (13,265) | (142,730,075) (25,314) |
Rupees Rupees
(59,602)
Income tax paid
(2,245,738)
(3,466,731)
Net cash (used in) / generated from operating activities
CASH FLOW FROM INVESTING ACTIVITIES
Purchase of assets in own use Profit received on baMk deposits
Changes in short term investments made during the year - net
(124,386,899) (115,518,41 J)
5,223,215
(58,196,310) (12,181,191)
(247,538)
6,724,570
99,816,508
Net cash generated from I (used in) investing activities
CASH FLOW FROM FINANCING ACTIVITIES
106,293,540
5,223,215
Profit distributed among lhe certificate holders
Net cash (used in)/ generated from financing activities
NET (DECREASE) I INCREASE IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD
1 369 (59 9 )
1,369 (5g,g55)
48,098,599 (7,017,931)
23,080,100 233,544,957
12 71,178,698 26 27 027
The annexed notes 1 to 26 form an integral part of these financial statements.
For P
|Ylodaraba Se ices (Private) Limited (Moda ba pmpany)
Chief Fina I Officer
Chief Executive fficer
me tor
Director