CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION
AS AT SEPTEMBER 30, 2025
Un-audited Audited Note September 30, 2025June 30,
2025
-------(Rupees in '000)-------ASSETS | ||||
Non-current assets | ||||
Furniture and equipment | 4 | 21,G47 | 20,565 | |
Right-of-use asset | 20,878 | 21,499 | ||
Investment properties | 587,374 | 587,374 | ||
Intangible assets | 1,412 | 1,600 | ||
Deferred taxation - net | 10,538 | 10,538 | ||
642,14G | 641,576 | |||
Current assets | ||||
Inventories | 1,15G,358 | 1,270,130 | ||
Trade and other receivables | 5 | 2,208,846 | 1,696,496 | |
Loans, advances, deposits and prepayments | 6 | 134,225 | 107,819 | |
Refunds due from Government - sales tax | 10,016 | 42,924 | ||
Taxation - payments less provision | 10,277 | 42,085 | ||
Cash and bank balances | 7 | 24,031 | 208,938 | |
3,546,753 | 3,368,392 | |||
Total assets | 4,188,G02 | 4,009,968 | ||
EǪUITY AND LIABILITIES | ||||
Share capital and reserves | ||||
Share Capital Issued, subscribed and paid-up share capital | 8 | 856,748 | 856,748 | |
Capital reserve Share premium | 11G,600 | 119,600 | ||
Revenue reserve Un-appropriated profit | 1,416,3G0 | 1,346,702 | ||
2,3G2,738 | 2,323,050 | |||
Liabilities | ||||
Non-current liabilities Lease liability | 1G,075 | 19,887 | ||
Current liabilities | 1G,075 | 19,887 | ||
Trade and other payables | G | 1,2G3,630 | 1,466,510 | |
Advance from customers | 24,705 | 40,347 | ||
Short term borrowings | 434,682 | 136,355 | ||
Current portion of lease liability | 3,005 | 2,738 | ||
Unclaimed dividend | 7,044 | 7,057 | ||
Unpaid dividend | 14,022 | 14,024 | ||
Contingencies and commitments | 10 | 1,777,088 | 1,667,031 | |
Total equity and liabilities | 4,188,G02 | 4,009,968 | ||
The annexed notes 1 to 14 form an integral part of this condensed interim financial statements.
Chief Executive Officer Director Chief Financial Officer
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (Un-audited) FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2025 September 30, September 30,
Note | 2025 | 2024 | ||
-------(Rupees in '000)------- | ||||
Revenue | 11 | 1,120,G18 | 1,078,954 | |
Cost of Sales | (720,82G) | (739,070) | ||
Gross Profit | 400,08G | 339,884 | ||
Distribution costs | (230,133) | (185,174) | ||
Administrative expenses | (3G,818) | (34,206) | ||
Other income / (loss) | 12 | 2,184 | (1,592) | |
Profit from operations | 132,322 | 118,912 | ||
Finance cost | (G,1G5) | (12,389) | ||
Profit before levies and income tax | 123,127 | 106,523 | ||
Levies - minimum tax Profit before taxation Income Tax Expense | (8,4G8) 114,62G (44,G41) | (7,246) GG,277 (39,413) | ||
Profit after taxation Other comprehensive income | 6G,688 - | 59,864 - | ||
Total comprehensive income | 6G,688 | 59,864 | ||
The annexed notes 1 to 14 form an integral part of this condensed interim financial statements.
Chief Executive Officer Director Chief Financial Officer
CONDENSED INTERIM STATEMENT OF CHANGES IN EǪUITY (Un-audited)
FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2025
Issued, | Reserve for | |||
subscribed | issue of | Share | Unappropriated | Total share |
and paid-up | bonus | Premium | profit | holders' equity |
share capital | shares |
-------------------------------------(Rupees in '000)-------------------------------------
Balance as at July 01, 2024 856,748 - 119,600 1,138,331 2,114,679Total comprehensive income for the period
ended September 30, 2024 - - - 59,864 59,864
Balance as at September 30, 2024 856,748 - 119,600 1,198,195 2,174,543
Balance as at July 01, 2025 856,748 - 119,600 1,346,702 2,323,050Total comprehensive income for the period
ended September 30, 2025 - - - 6G,688 6G,688
Balance as at September 30, 2025 856,748 - 11G,600 1,416,3G0 2,3G2,738The annexed notes 1 to 14 form an integral part of this condensed interim financial statements.
Chief Executive Officer Director Chief Financial Officer CONDENSED INTERIM STATEMENT OF CASH FLOWS (Un-audited) FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2025
September September Note 30, 2025 30, 2024 -------(Rupees in '000)------- CASH FLOWS FROM OPERATING ACTIVITIES
Profit before taxation 123,127 106,524
Adjustments for non-cash items:Depreciation 1,340 445
Depreciation of right-of-use asset 621 823
Amortization of intangible assets 18G 255
Finance cost G,1G5 12,389
134,472 120,436 Decrease/(Increase) in working capital(121,255)
(442,827)
(42,194)
-4,286
(156,717)
18,362
110,772
(512,350)
(26,406) 32,G08
-(168,847)
(15,642)
Inventories
Trade and other receivables
Loans, advances, deposits and prepayments Refund Due from Government - Sales Tax Sales tax due to Govt
Trade and other payables Advance from customers
(57G,565) (740,345) Cash (used in) / generated from operations (445,0G3) (619,909)Income tax and levies paid (21,632) (52,621) Finance cost paid (12,533) (6,889) Net cash (used in) / generated from operating activities (47G,258) (679,419)
CASH FLOWS FROM INVESTING ACTIVITIESPayments for acquisition of furniture and equipment | (2,722) | (719) | |
Net cash (used) in investing activities | (2,722) | (719) | |
CASH FLOWS FROM FINANCING ACTIVITIES | |||
Dividend paid | (15) | (163) | |
Long-term loan obtained | 1,338,538 | 1,200,937 | |
Long-term loan repayment | (1,040,211) | (802,217) | |
Payments against lease liability | (1,23G) | (1,064) | |
Net cash (used) in financing activities | 2G7,073 | 397,493 | |
Net (decrease) /increase in cash and cash equivalents | (184,G07) | (282,645) | |
Cash and cash equivalents at the beginning of the period | 208,G38 | 375,594 | |
Cash and cash equivalents at the end of the period | 24,031 | 92,949 |
The annexed notes 1 to 14 form an integral part of this condensed interim financial statements.
Chief Executive Officer Director Chief Financial Officer