Ghandhara Industries : Financial Results for the Quarter Ended September 30, 2025

The General Manager

Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road Karachi

Form 7

October 22, 2025

Subject: FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30" 2025

Dear Sir,

We have to inform you that the Board of Directors in their meeting held on Wednesday, October 22, 2025 at 12:00 noon through video conferencing have reviewed and approled the un-audited financial results for the period ended September 30, 2025 and recommended the following:

Cash Dividend - NIL Bonus Shares - NIL Right Shares - NIL

Any other entitlement - NIL

Any Other Price Sensitive Information: NIL

The financial statements of the Company for the period ended September 30'h 2025 are attached herewith as Annexure to this letter.

The Quarterly Report of the Company for the period ended September 30, 2025 will be transmitted

through PUCARS separately, within 30 days of close of first quarter.

Yours Sincerely

For and on behalf of Ghandhara Industries Limited

Talha Ahmed Zaidi Company Secretary

CC

Executive Director/HOD, Offsite-II Department, Supervision Division,

Securities & Exchange Commission of Pakistan, 63, NIC Building, Jinnah Avenue,

Blue Area,

Islamabad.

GHANDHARA INOUSTRIES LIMITED

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT SEPTEMBER 30, 2025

ASSETS

NON-CURRENT ASSETS

Property plant and equipment

Intangible assets Long term loans Long term deposits Deferred taxation

CURRENT ASSETS

Stores

Stock-in-trade

Trade debts

Loans and advances

Trade deposits and prepayments

Other receivables

Accrued mark-up

Sales tax adjustable / (payable)

Investment

Cash and bank balances

TOTAL ASSETS

EQUITY AND LIABILITIES

SHARE CAPITAL AND RESERVES

Authorized capital

100 000 000 (June 30, 2025: 100,000,000)

ordinary shares of Rs.10 each

Issued subscribed and paid-up capital

42 608,844 (June 30, 2025: 42,608 844)

ordinary shares of Rs.10 each

Capital Reserves

SUfplus on revaluation of fixed assets

Capital Reserves

Revenue Reserves

Unappropriated profit Total Equity

NON-CURRENT LIABILITIES

Lease liabilities Compensated absences Defefred liabilities

CURRENT LIABILITIES

25,372,353 20,987 211

32.393,471 27.851 679

426,088 426,088

5,315,544 5,319,658

1,500,000 1,500,000

7,886,104 b,306,153

15,127,736 13,551,899

10,622 72,453

36,266 32,937

42,616 33,425

89,504 138,815

Trade and other payables

Contract liability Unpaid dividends Unclaimed dividends

Current maturity of lease liabilities Taxation - payments less provision Accrued mark-up/ interest

4,693,249

8 11,949,353

78,959

20,365

801

428,567

4,937

3,031,377

11,161,944

78 959

20 369

33,520

(170,600)

5 396

CONTINGENCIES AND COMMITMENTS TOTAL EQUITY AND LIABILITIES

17,176,231 14,160,965

9

irector

Chief Financia Officer

The annexed notes from 1 to 17 form an integral part of these condensed interim financial statements.

i.,of Executive Officer

GHANDHARA INDUSTRIES LIMITED

CONDENSED INTERIM STATEMEnT OF PROFIT OR LOSS AND

FOR THE PERIOD ENDED SEPTEMBER 30, 2025 - UNAUDITED OTHER

COMPREHENSIVE INCOME

For the period ended

September 30,

Profit after taxation

Other comprehensive income

Items that will not be reclassified to arofit or loss Re-measurement of staff reti.rement benefit obligation Impact of deferred tax

Other comprehensive income for the period - net of tax

Total comprehensive income

Earnings per share - basic and diluted (Rupees)

990,780

(903)

989,877

(351,273)

1,575,837 638,604

j,55837 68360y

36.98 14,99

The annexed notes from 1 to 17 form an integral part of these condensed interim financial statements.

Chief Executive Officer Director Chief Financial Officer

w*

GHANDHARA INDUSTRIES LIMITED

CONDENSED INTERIM STATEMENT OF CASH FLOWS

FOR THE PERIOD ENDED SEPTEMBER 30, 2025 - UNAUDITED

CASH FLOWS FROM OPERATING ACTIVITIES

Cash used in operations Compensated absences paid

September 30,

Note 2025 2024

----- (Rupees in '000) -----

11 (1,068,989) (1,738,190)

(53,091)

Financecost paid

Income tax (paid) / refunded - net Long term loans - net

(4,898)

(383,207)

(1,404)

3 6,387

288

Long term deposits - net

Net cash used in operating activities

CASH FLOWS FROM INVESTING ACTIVITIES

23,612 (1,434,886) (1,674,606)

CASH FLOWS FROM FINANCING ACTIVITIES

Net decrease in cash and cash equivalents (680,430) (1,789,496)

Cash and cash equivalents - at beginning of the period Cash and cash equivalents - at end of the period

1,217,156

12 536.Y26

976,289

(813,207)

The annexed notes from 1 to 17 form an integral part of these condensed interim financial statements

Chief Executive Officer D ector" Chief Financial Officer

GHANDHARA INDUSTRIES LIMITED

CONDENSEDINTERIM STATEMENT OF CHANGESINEQUTY

FOR THE PERIOD ENDED SEPTEMBER 30, 2025.UNAU0lTED

T OU I

Capital Reserve

Balance as at July ‹, 2024 (Audited) Transactionwith owners recognlsed directlyin equity

Total c •^P^Vhensive income for tile per›od

€Idded September z0, 2024

PfOfi[ fOF like period

Olher comprehensive }QCome

SUrplus on revaluation of fixed assets realised during the period (nel

of deferred taXalioil) on account of incremental deprecialion

Balance as at September zo, 2024 (Un-audited|

Balance as at July 1, 2025 (Audited)

7ranSBCI iOR With owners recognised directly In equity

Total comprehensive income for the period ended September 30, 2025

ProrfothepeWod Otherco‹nprehensivInecome

Surplus on revaluation of fixed assets realised during the period (net

of deferred taxalion) on account of incremental depreciation

Balance as at September 30, 2025 (Un-audited)

1.575,837

426,088

5,315,544

15,1 27,736

4.114

1,575,837

irector

I ,575,837

The annexed notes from 1 to 17 form an integral part of these condensed interim financial statements,

Chief Executive Officer

Chief Financial Offic‹