STATEMENT OF PROFIT OR LOSS AND | Jul-Sep | Jul-Sep | |||
OTHER COMPREHENSIVE INCOME FOR THE QUARTER ENDED SEP 30, 2025 | Note | 2025 Rupees | 2024 Rupees | ||
REVENUE | 7 | 15,829,927 | 11,162,713 | ||
DIRECT COST | 8 | (4,907,538) | (5,068,508) | ||
GROSS PROFIT | 10,922,390 | 6,094,205 | |||
ADMINISTRATION COST | (7,397,559) | (8,785,641) | |||
OTHER EXPENSES | (300,763) | (354,398) | |||
OTHER INCOME | - | - | |||
OPERATING (LOSS) / PROFIT | 3,224,068 | (3,045,834) | |||
FINANCE COST | 9 | (58,140) | (1,920) | ||
LOSS BEFORE TAXATION | 3,165,928 | (3,047,754) | |||
TAXATION | 10 | (1,398,328) | (2,377,276) | ||
LOSS AFTER TAXATION | 1,767,600 | (5,425,030) | |||
OTHER COMPREHENSIVE INCOME | - | - | |||
TOTAL COMPREHENSIVE LOSS | 1,767,600 | (5,425,030) | |||
LOSS PER SHARE- BASIC AND DILUTED | 0.06 | (0.18) |
STATEMENT OF FINANCIAL POSITION AS AT SEPTEMBER 30, 2025
EQUITY AND LIABILITIES | Note | September 2025 Rupees |
June 2025
Rupees
SHARE CAPITAL | ||||
Authorised share capital | ||||
32,000,000 ordinary shares (June 2025: 32,000,000) of Rs.10 each | 320,000,000 | 320,000,000 | ||
Issued, Subscribed & Paid up share capital | ||||
30,001,120 ordinary shares (June 2025: 30,001,120) | ||||
of Rs.10 each fully paid in cash | 300,011,200 | 300,011,200 | ||
DIRECTORS LOANS - Unsecured | 4 | 761,328,431 | 761,328,431 | |
SURPLUS ON REVALUATION OF PROPERTY, | ||||
PLANT AND EQUIPMENT - NET OF TAX | 612,192,456 | 612,396,185 | ||
ACCUMULATED LOSS | (776,017,518) | (777,988,847) | ||
897,514,569 | 895,746,968 | |||
NON CURRENT LIABILITIES | ||||
Deferred tax liability | 2,529,065 | 2,612,279 | ||
Staff retirement benefits - Gratuity | 47,266,560 | 45,396,938 | ||
49,795,625 | 48,009,217 | |||
CURRENT LIABILITIES | ||||
Trade and other payables | 120,040,125 | 118,289,271 | ||
Security deposits | 8,013,275 | 8,013,275 | ||
Accrued mark-up | 158,005,704 | 158,005,704 | ||
Un-claimed dividend | 1,662,656 | 1,662,656 | ||
287,721,760 | 285,970,906 | |||
CONTINGENCIES AND COMMITMENTS | 6 | - | - | |
1,235,031,954 | 1,229,727,090 | |||
ASSETS | ||||
NON CURRENT ASSETS | ||||
Property, plant and equipment | 13,961,062 | 14,359,154 | ||
Investment property | 1,198,756,086 | 1,198,756,086 | ||
Long term loans and advances | 16,000 | 16,000 | ||
Long term deposits | 1,454,040 | 1,454,040 | ||
1,214,187,188 | 1,214,585,280 | |||
CURRENT ASSETS | ||||
Stores, spares and loose tools | 516,047 | 526,401 | ||
Trade debts | 6,988,132 | 566,166 | ||
Loans and advances | 153,877 | 158,917 | ||
Short term prepayments and other receivables | 533,543 | 59,571 | ||
Tax refunds due from Government | 10,277,199 | 10,689,593 | ||
Cash and bank balances | 2,375,969 | 3,141,163 | ||
20,844,767 | 15,141,810 | |||
STATEMENT OF CHANGES IN EQUITY FOR THE QUARTER | Accumulated (Loss) Rupees | Total Rupees | |||||
ENDED SEPTEMBER 30, 2025 | |||||||
Balance- June 30, 2024 | 300,011,200 | 758,328,431 | 613,204,457 | (762,666,240) | 908,877,848 | ||
Other comprehensive income | - | - | |||||
for the period | - | ||||||
Net loss for the period | (5,425,030) | (5,425,030) | |||||
Incremental depreciation - net | - | ||||||
of tax | (203,172) | 203,172 | - | ||||
Loan obtained | 3,000,000 | 3,000,000 | |||||
Balance-September 30, 2024 | 300,011,200 | 761,328,431 | 613,001,285 | (767,888,098) | 906,452,818 | ||
Balance-June 30, 2025 | 300,011,200 | 761,328,431 | 612,396,186 | (777,988,847) | 895,746,969 | ||
Other comprehensive income | |||||||
for the period | - | - | |||||
Net loss for the period | - | - | |||||
Incremental depreciation - net of | 1,767,600 | 1,767,600 | |||||
of tax | (203,729) | 203,729 | - | ||||
Loan obtained | - | - | |||||
Balance-September 30, 2025 | 300,011,200 | 761,328,431 | 612,192,457 | (776,017,518) | 897,514,570 | ||
Paid-up Capital Rupees | Directors Loans Rupees | Revaluation Surplus Rupees |
STATEMENT OF CASH FLOWS FOR THE | Jul-Sep | Jul-Sep | |||
THE QUARTER ENDED SEP 30, 2025 | 2025 | 2024 | |||
Note | Rupees | Rupees | |||
CASH FLOW FROM OPERATING ACTIVITIES Net cash (used in) / generated from operations | 11 | 362,092 | 1,683,830 | ||
Financial charges paid | (58,140) | (1,920) | |||
Taxes paid Gratuity paid | (1,069,147) - | (2,787,571) - | |||
(1,127,287) | (2,789,491) | ||||
Net cash generated from operating activities | ( A ) | (765,195) | (1,105,660) | ||
CASH FLOW FROM INVESTING ACTIVITIES | |||||
Long term loans & advances Fixed capital expenditure | - - | (25,000) - | |||
Net cash flow from / ( used in ) investing activities | ( B ) | - | (25,000) | ||
CASH FLOW FROM FINANCING ACTIVITIES | |||||
Short term borrowings - Secured Long term loans from directors | - - | - 3,000,000 | |||
Net cash flow used in financing activities | ( C ) | - | 3,000,000 | ||
Net Increase in cash and bank balances | ( A+B+C ) | (765,195) | 1,869,340 | ||
Cash & bank balances at the beginning of the period | 3,141,163 | 802,877 | |||
Cash & bank balances at the end of the period | 2,375,969 | 2,672,218 |