Transmission of Quarterly Report for the period ended 31-03-2026

‌CONDENSED INTERIM FINANCIAL INFORMATION

‌GOC (PAK) LIMITED

CONDENSED INTERIM FINANCIAL INFORMATION

CORPORATE INFORMATION

DIRECTORS' REPORT

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS

CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME

CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY

CONDENSED INTERIM STATEMENT OF CASH FLOWS

SELECTED NOTES TO THE CONDENSED INTERIM FINANCIAL INFORMATION

JAMA PUNJI

‌GOC (PAK) LIMITED

CONDENSED INTERIM FINANCIAL INFORMATION

BOARD OF DIRECTORS Mr. Khawar Anwar Khawaja (Chief Executive)

Mr. Khurram Anwar Khawaja (Chairman) Mr. Muhammad Tahir Butt

Mrs. Nuzhat Khawar Khawaja Mr. Ameer Khawar Khawaja Mr. Omer Khawar Khawaja

Dr. Aamir Matin

Syed Zahoor Hassan

AUDIT COMMITTEE Syed Zahoor Hassan

Mr. Khurram Anwar Khawaja Mr. Omer Khawar Khawaja

HUMAN RESOURCE AND

REMUNERATION COMMITTEE Syed Zahoor Hassan

Mr. Khurram Anwar Khawaja Mr. Khawar Anwar Khawaja

CORPORATE SECRETARY / CFO Arfan Shahzad

HEAD OF INTERNAL AUDIT Asif Asghar

AUDITORS Tabussum Saleem & Company Chartered Accountants

Office # 1, 3rd Floor, Madina Heights 87-E, Maulana Shaukat Ali Road Johar Town, Lahore - Pakistan Phone: (042) 35173258, 35173260

E-mail: matabussum@yahoo.com

REGISTERED OFFICE Small Industries Estate

AND WORKS Sialkot 4, Pakistan

Phone: (052) 3563051-3563052

Fax: (052) 3551252

E-mail: info@gocpak.com Website: https://www.gocpak.com

SHARE REGISTRARS CorpTec Associates (Pvt) Limited 503-E, Johar Town, Lahore Phone: (042) 35170336-7

Fax: (042) 35170338

02

‌GOC (PAK) LIMITED

CONDENSED INTERIM FINANCIAL INFORMATION

It gives me great pleasure to present, on behalf of the Board of Directors, the condensed interim financial information (un-audited) for the quarter and nine months ended 31 March 2026.

The sales for the nine months have increased by 6.76% from Rupees 370.332 million to Rupees 395.373 million as compared with the corresponding period. The Company earned gross profit of Rupees 125.899 million as compared to Rupees 114.885 million for the corresponding period.

The share of Profit of associated company, Grays Leasing Limited, was recorded at Rupees 0.134 million against Rupees 2.114 million for the corresponding period.

The Company has continued to focus on reassessing the changing needs of the market and investing in product quality and innovation.

The Board places on record its profound gratitude for its valued shareholders and customers, whose cooperation, continued support and patronage have enabled the company to strive for improvement. During the period under review, relations between the management and employees remained cordial and we wish to place on record our appreciation for the dedication, perseverance and diligence of the staff and workers of the company.

ON BEHALF OF THE BOARD OF DIRECTORS

Sialkot: 28 April, 2026 (Khawar Anwar Khawaja) (Muhammad Tahir Butt)

Chief Executive Officer Director

03

‌GOC (PAK) LIMITED

CONDENSED INTERIM FINANCIAL INFORMATION

2026

370.332

395.373

6.76

125.899

0.134

2026 28

04

‌GOC (PAK) LIMITED

CONDENSED INTERIM FINANCIAL INFORMATION

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT MARCH 31, 2026

KHAWAR ANWAR KHAWAJA

CHIEF EXECUTIVE

ARFAN SHAHZAD

CHIEF FINANCIAL OFFICER

MUHAMMAD TAHIR BUTT

DIRECTOR

05

‌GOC (PAK) LIMITED

CONDENSED INTERIM FINANCIAL INFORMATION

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED) FOR THE PERIOD ENDED 31 MARCH 2026

Note Rupees Rupees Rupees Rupees

REVENUE

COST OF SALES GROSS PROFIT

DISTRIBUTION COST ADMINISTRATIVE EXPENSES OTHER EXPENSES

OTHER INCOME

PROFIT FROM OPERATIONS FINANCE COST

SHARE OF PROFIT / (LOSS) OF EQUITY ACCOUNTED INVESTEE

PROFIT BEFORE LEVY & TAXATION LEVY

PROFIT BEFORE TAXATION TAXATION

• Current

• Prior year adjustment

• Share of tax of associated company

PROFIT AFTER TAXATION

EARNINGS PER SHARE - BASIC AND DILUTED

395,372,786 370,331,949 124,897,966 181,733,033

7 (269,473,973) (255,447,177) (81,384,989) (123,528,901)

125,898,813 114,884,772 43,512,977 58,204,132

(78,805,296) (80,283,538) (26,778,997) (27,605,017)

47,093,517 34,601,234 16,733,980 30,599,115

9,219,553 16,385,108 2,254,730 4,893,873

56,313,070 50,986,342 18,988,710 35,492,988

(729,304) (1,014,974) (241,027) (483,825)

55,583,766 49,971,368 18,747,683 35,009,163

133,935 2,114,427 (110,989) 620,040

55,717,701 52,085,795 18,636,694 35,629,203

(1,706,063) (8,011,556) 105,281 (3,347,670)

54,011,638 44,074,239 18,741,975 32,281,533

(6,315,282) (1,001,190) (2,459,765) (333,984)

47,696,356 43,073,049 16,282,210 31,947,549

6.49 5.86 2.22 4.35

The annexed notes form an integral part of these condensed interim financial statements.

KHAWAR ANWAR KHAWAJA

CHIEF EXECUTIVE

ARFAN SHAHZAD

CHIEF FINANCIAL OFFICER

MUHAMMAD TAHIR BUTT

DIRECTOR

06

‌GOC (PAK) LIMITED

CONDENSED INTERIM FINANCIAL INFORMATION

CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (UN-AUDITED) FOR THE PERIOD ENDED 31 MARCH 2026

The annexed notes form an integral part of these condensed interim financial statements.

KHAWAR ANWAR KHAWAJA

CHIEF EXECUTIVE

ARFAN SHAHZAD

CHIEF FINANCIAL OFFICER

MUHAMMAD TAHIR BUTT

DIRECTOR

07

‌CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UN-AUDITED) FOR THE PERIOD ENDED 31 MARCH 2026

08

The annexed notes form an integral part of these condensed interim financial statements.

GOC (PAK) LIMITED

CONDENSED INTERIM FINANCIAL INFORMATION

KHAWAR ANWAR KHAWAJA

CHIEF EXECUTIVE

ARFAN SHAHZAD

CHIEF FINANCIAL OFFICER

MUHAMMAD TAHIR BUTT

DIRECTOR

‌GOC (PAK) LIMITED

CONDENSED INTERIM FINANCIAL INFORMATION

Net cash used in financing activities (7,309,049) (14,460,448) Net (decrease) / increase in cash and cash equivalents (34,295,744) 11,345,169 Cash and cash equivalents at the beginning of the period 91,476,675 60,585,088 Cash and cash equivalents at the end of the period 57,180,931 71,930,257

-

The annexed notes form an integral part of these condensed interim financial statements.

KHAWAR ANWAR KHAWAJA

CHIEF EXECUTIVE

ARFAN SHAHZAD

CHIEF FINANCIAL OFFICER

MUHAMMAD TAHIR BUTT

DIRECTOR

09

‌GOC (PAK) LIMITED

CONDENSED INTERIM FINANCIAL INFORMATION

SELECTED NOTES TO THE CONDENSED INTERIM FINANCIAL INFORMATION (UN-AUDITED) FOR THE PERIOD ENDED 31 MARCH 2026

1. THE COMPANY AND ACTIVITIES

   GOC (Pak) Limited was incorporated in Pakistan on 02 June 1964 as a private Company limited by shares under the Companies Act, 1913 (Now Companies Act, 2017) and converted into a public limited Company on 17 April 1986. The Company's shares are quoted on Pakistan Stock Exchange Limited. The registered office of the Company is situated at Small Industries Estate, Sialkot. The Company is engaged in manufacturing and sale of hockey sticks, cricket ball and other quality sports goods.

2. BASIS OF PREPARATION

   1. These condensed interim financial statements have been prepared in accordance with the accounting and reporting standard as applicable in Pakistan for interim financial reporting. The accounting and reporting standards as applicable in Pakistan for interim financial reporting comprise of:

      • International Accounting Standard (IAS) 34, Interim Financial Reporting, issued by the International Accounting Standards Board (IASB) as notified under the Companies Act, 2017; and

      • Provisions of and directives issued under the Companies Act, 2017.

      Where the provisions of and directives and notifications issued under the Companies Act, 2017 differ with the requirements of IAS34, the provisions of and directives issued under the Companies Act, 2017 have been followed.

   2. These condensed interim financial statements do not include all the information and disclosures required in annual financial statements and should be read in conjunction with the annual audited financial statements of the Company for the year ended 30 June 2025. These condensed interim financial statements are un-audited.

3. THE MATERIAL ACCOUNTING POLICY INFORMATION

   The material accounting policy information and methods of computations adopted for the preparation of these condensed interim financial statements are the same as applied in the preparation of the preceding audited annual published financial statements of the Company for the year ended 30 June 2025.

   1. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

      The preparation of these condensed interim financial statements in conformity with the approved accounting standards requires the use of certain critical accounting estimates. It also requires the management to exercise its judgment in the process of applying the Company's accounting policies. Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

      During preparation of these condensed interim financial statements, the significant judgments made by the management in applying the Company's accounting policies and the key sources of estimation and uncertainty were the same as those that applied in the preceding audited annual published financial statements of the Company for the year ended 30 June 2025.

      Un-audited 31 March

      2026

1. PROPERTY, PLANT AND EQUIPMENT

   Rupees Rupees

   Operating fixed assets (Note 4.1) 141,525,493 150,383,041

   Capital work-in-progress (Note 4.2)		1,078,805		-
   		142,604,298		150,383,041
   4.1 Operating fixed assets Opening book value		150,383,041		168,935,344
   Cost of additions during the period / year (Note 4.1.1)		1,516,400		4,242,865
   Book value of deletions during the period / year (Note 4.1.2)		(472,069)		(4,302,642)
   Depreciation charge for the period / year		(9,901,879)		(18,492,526)
   Closing book value		141,525,493		150,383,041
   4.1.1 Cost of additions during the period / year
   Factory building		-		250,000
   Plant and machinery		-		145,000
   Electric installations		941,400		927,040
   Vehicles		-		2,455,025
   Computers		575,000		465,800
   		1,516,400		4,242,865
   	10

   
   
   

   ‌GOC (PAK) LIMITED

   CONDENSED INTERIM FINANCIAL INFORMATION

   Un-audited 31 March

   2026

4.1.2 Book value of deletions during the period / year

Factory building

Rupees Rupees

-

7,034

Plant and machinery Office equipment Tools and equipment Electric installations Furniture and fixtures Vehicles

Computers

4.2 Capital work-in-progress

Building

Plant and machinery

1. LONG TERM INVESTMENTS

   - 51,541

   - 17,574

   - 151,449

   - 24,692

   - 58,559

   472,069 3,968,703

   - 23,090

   472,069 4,302,642

   508,382 -

   570,423 -

   1,078,805 -

   Under equity method (Note 5.1) 27,967,278 28,496,695 Fair value through other comprehensive income (FVTOCI) (Note 5.2) 862,173 572,661

   28,829,451 29,069,356

   1. Under equity method

      Grays Leasing Limited - associated company

      7,999,999 (30 June 2025: 7,999,999) ordinary shares of Rupees 10 each

      equity held 37.21% (30 June 2025: 37.21%)

      2,248,109

      (184,546)

      (42,901)

Share in net assets at the beginning of the period / year 28,496,695 26,476,033 Add: Share in profit before taxation for the period / year

Share in taxation

Share in other comprehensive loss

(529,417) 2,020,662

Share in net assets at the end of the period / year 27,967,278 28,496,695

Post dated cheques issued to Custom authorities amounting to Rupees 267.672 million (30 June 2025: Rupees 267.672 million).

Commitments Nil Nil

11

‌GOC (PAK) LIMITED

CONDENSED INTERIM FINANCIAL INFORMATION

1. COST OF SALES

   Raw material consumed	Rupees 100,693,452	Rupees 99,804,979	Rupees 43,219,108	Rupees 42,121,426
   Processing charges - composite	9,615,900	10,430,860	3,421,950	4,706,960
   Salaries, wages and other benefits	122,192,245	114,119,186	48,001,922	46,032,626
   Stores, spare parts and loose tools consumed	3,947,130	3,090,207	1,212,136	1,007,974
   Repair and maintenance	4,044,693	3,015,589	1,012,137	703,082
   Fuel and power	6,847,616	5,639,916	2,867,730	2,701,847
   Vehicles running	1,485,589	1,454,812	470,829	508,353
   Insurance	1,302,044	1,251,170	427,679	410,968
   Other factory overheads	405,683	256,081	34,180	(618,560)
   Depreciation	5,563,623	7,050,873	1,835,721	2,320,721
   Work-in-process	256,097,975	246,113,673	102,503,392	99,895,397
   Opening stock	127,665,190	113,690,846	97,169,288	87,734,676
   Closing stock	(101,010,338)	(71,724,065)	(101,010,338)	(71,724,065)
   	26,654,852	41,966,781	(3,841,050)	16,010,611
   Cost of goods manufactured	282,752,827	288,080,454	98,662,342	115,906,008
   Finished goods
   Opening stock	55,695,236	16,711,955	51,696,737	56,968,125
   Closing stock	(68,974,090)	(49,345,232)	(68,974,090)	(49,345,232)
   	(13,278,854)	(32,633,277)	(17,277,353)	7,622,893
   	269,473,973	255,447,177	81,384,989	123,528,901

   12

   
   
   

   ‌GOC (PAK) LIMITED

   CONDENSED INTERIM FINANCIAL INFORMATION

2. RECOGNIZED FAIR VALUE MEASUREMENTS - FINANCIAL INSTRUMENTS

   1. Fair value hierarchy

      Judgements and estimates are made in determining the fair values of the financial instruments that are recognized and measured at fair value in these condensed interim financial statements. To provide an indication about the reliability of the inputs used in determining fair value, the Company has classified its financial instruments into the following three levels. An explanation of each level follows underneath the table:

      Recurring fair value measurements at 31 March 2026	Level 1	Level 2	Level 3	Total
      	…………………...Rupees…………………….

      Financial assets
      Investments at fair value through other comprehensive income	862,173	-	-	862,173
      Investments at fair value through profit or loss	89,984,449	-	-	89,984,449
      Total financial assets	90,846,622	-	-	90,846,622

      Recurring fair value measurements at 30 June 2025	Level 1	Level 2	Level 3	Total
      	…………………...Rupees…………………….

      Financial assets
      Investments at fair value through other comprehensive income	572,661	-	-	572,661
      Investments at fair value through profit or loss	125,148,253	-	-	125,148,253
      Total financial assets	125,720,914	-	-	125,720,914

      13

      
      
      

      ‌GOC (PAK) LIMITED

      CONDENSED INTERIM FINANCIAL INFORMATION

      The above table does not include fair value information for financial assets and financial liabilities not measured at fair value if the carrying amounts are a reasonable approximation of fair value. Due to short term nature, carrying amounts of certain financial assets and financial liabilities are considered to be the same as their fair value. For the majority of the non-current receivables, the fair values are also not significantly different from their carrying amounts.

      There were no transfers between levels 1 and 2 for recurring fair value measurements during the year. Further, there was no transfer in and out of level 3 measurements.

      The Company's policy is to recognize transfers into and transfers out of fair value hierarchy levels as at the end of the reporting period.

      Level 1: The fair value of financial instruments traded in active markets (such as publicly traded derivatives, and trading and equity securities) is based on quoted market prices at the end of the reporting period. The quoted market price used for financial assets held by the Company is the current bid price. These instruments are included in level 1.

      Level 2: The fair value of financial instruments that are not traded in an active market (for example, over-the-counter derivatives) is determined using valuation techniques which maximize the use of observable market data and rely as little as possible on entity-specific estimates. If all significant inputs required to fair value an instrument are observable, the instrument is included in level 2.

      Level 3: If one or more of the significant inputs is not based on observable market data, the instrument is included in level 3. This is the case for unlisted equity securities.

   2. Valuation techniques used to determine fair values

      Specific valuation techniques used to value financial instruments include the use of quoted market prices.

3. TRANSACTIONS WITH RELATED PARTIES

   The related parties comprise associated companies, key management personnel and staff retirement fund. Detail of transactions with the related parties is as follows:

   Un-audited
   Nine months
   31 March 2026		31 March 2025

   Associates	Rupees	Rupees
   Purchase of goods	3,945,027	872,639
   Processing charges	9,615,900	10,430,860
   Others
   Remuneration of key management personnel	23,471,883	22,661,442
   Contribution to provident fund trust	2,930,915	2,600,777

4. FINANCIAL RISK MANAGEMENT

   The Company's financial risk management objectives and policies are consistent with those disclosed in the preceding audited annual published financial statements of the Company for the year ended 30 June 2025.

   14

   
   
   

   ‌GOC (PAK) LIMITED

   CONDENSED INTERIM FINANCIAL INFORMATION

5. DATE OF AUTHORIZATION

These condensed interim financial statements were approved by the Board of Directors and authorized for issue on 28 April 2026.

1. CORRESPONDING FIGURES

   In order to comply with the requirements of International Accounting Standard (IAS) 34 "Interim Financial Reporting", the condensed interim statement of financial position and condensed interim statement of changes in equity have been compared with the balances of annual audited financial statements of preceding financial year, whereas, the condensed interim statement of profit or loss, condensed interim statement of comprehensive income and condensed interim statement of cash flows have been compared with the balances of comparable period of immediately preceding financial year.

   Corresponding figures have been re-arranged, wherever necessary, for the purpose of comparison. However, no significant rearrangements have been made.

2. GENERAL

Figures have been rounded off to the nearest of Rupee unless otherwise stated.

KHAWAR ANWAR KHAWAJA

CHIEF EXECUTIVE

ARFAN SHAHZAD

CHIEF FINANCIAL OFFICER

MUHAMMAD TAHIR BUTT

DIRECTOR

15

‌GOC (PAK) LIMITED

CONDENSED INTERIM FINANCIAL INFORMATION

16

if undelivered please return to:

Small Industries Estate, Sialkot 51310 E-mail : Info@gocpak.com

Tel : (052) 3563051 - 3563052

Fax : (052) 3551252