N I S H A T
LPL/PSX/ April 24, 2026
The General Managef Palcistan Stock Exchange Ltd Stock Exchange Building
Stock Exchange Road, I(arachi. PUCARS / TCS
Sub: Financial Results for the 1" Quarter ended March 31, 2026 (Un-audited)Dear Sir,
We have to inform you that the Board of Directors of Lalpir Power Limited in their meeting held on Friday the 24t" of April, 2026, at 12:00 noon at l-B, Aziz Avenue, Canal Bank, Gulberg V, Lahore, recommended the following: -
- Cash Dividend Nil
Bonus Shares Nil
Right Shares Nil
- Any Other Entitlement Nil
- Any Other Price-Sensitive Information Nil
Following Un-audited Condensed Interilu Financial Statements of the Company for the 1" Quarter ended March 3 1, 2026, are attached as "Annexure":
Statement of Financial Position;
Statement of Profit or Loss;
Statement of Changes in Equity; and
Statement of Cash Flows
The Quarterly Un-audited Condensed Interilr Financial Statements for the 1st Quarter ended March 31, 2026 (1" Quarter Report) of the Company shall be transmitted through PUCARS within the specified time.
Thanking you,
Yours truly,
KHALID M HMO HOHAN
COMPANY ECRETA
Copy to: -
The Director / HOD,
Surveillance, Supervision and Enforcement Department, Securities & Exchange Commission ofPakistan,
NIC Building, 63 Jinnah Avenue, Blue Arca,
ISLAMABAD. Fax No. (051) 9100440/TCSIIMD 0fflfiE REGISTERED OFFICE PDWER WAftONS
,1-8, AZIZ A¥ENUE, CAIiAL BONE, 60LBEB6 y, LgHORE. TEL: +g2-t2-35170S0-9G, 357I7i50-63, FAk: +92-42-357I7239, WEBSITE: ose.IaIyir.cam. E-NAIL'IaIyir@IaIyir.com
›IIISHAT HOUSE, SVA, LAWIIAItCE 90kD, LXHORE. TEL. UI-113-333 Fâ¥: +92-42-36367414
,MLPlk THERMAL POWER STATIONS, F.O. BOX NO 89, NUZkFfñR6ARH. Pg-34200, FAfiIS1XN. TEL: +92-06-2300B30. FAX' +92-G6-2300260, .!¥lFir.€¥^
LALPIR POWER LIMITED
CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION (UN-AUDITED) AS AT 31 MARCH 2026
Un-audited 31 March | Audited 31 December | Un-audited 31 March | Audited 31 December | |||||
Note | 2026 | 2025 | Note | 2026 | 2025 | |||
(Rupees in | thousand) | (Rupees in | thousand) | |||||
EQUITY AND LIABILITIES | ASSETS | |||||||
SHARE CAPITAL AND RESERVES | NON-CURRENT ASSETS | |||||||
Authorized share capital 500,000,000 (31 December 2024: 500,000,000) ordinary shares of Rupees 10 each | 5,000,000 | 5,000,000 | Fixed assets Long term investment Long-term loans to employees | 5 | 1,641,079 3,351 | 1,884,214 1,439 | ||
Long term security deposit | 2,326 | 2,326 | ||||||
Issued, subscribed and paid-up share capital | 1,646,756 | 1,887,979 | ||||||
279,838,733 (31 December 2025: 279,838,733) | ||||||||
ordinary shares of Rupees 10 each | 2,798,387 | 2,798,387 | ||||||
Revenue reserve - un appropriated profit | 8,957,378 | 8,743,981 | ||||||
Total equity | 11,755,765 | 11,542,368 | ||||||
LIABILITIES | ||||||||
NON - CURRENT LIABILITIES | CURRENT ASSETS | |||||||
Employee benefit - gratuity | 12,643 | 12,072 | Stores, spare parts and other consumables | |||||
Loans, advances and short-term prepayments | ||||||||
Other receivables | ||||||||
CURRENT LIABILITIES | Accrued interest | |||||||
Trade and other payables | 149,162 | 166,077 | Taxation & levy - net | |||||
Unclaimed dividend | 10,753 | 11,059 | Short term investments | |||||
159,915 | 177,136 | Cash and bank balances | ||||||
Total liabilities | 172,558 | 189,208 | 10,281,567 | 9,843,597 | ||||
CONTINGENCIES AND COMMITMENTS | 4 | |||||||
TOTAL EQUITY AND LIABILITIES | 11,928,323 | 11,731,576 | TOTAL ASSETS | 11,928,323 | 11,731,576 |
IEF FIN
FFICER
456,765 | 459214 |
13,090 | 1,255 |
153,346 | 154,775 |
282 | A06 |
88,814 | 29,425 |
9,563,626 | 9,177,750 |
5,644 | 21,072 |
The annexed notes form an integral part of these condensed interim financial statements.
CHIEFEXECUTIVEOFFCER DIRECTOR
LALPIR POWER LIMITED
CONDENSED INTERIM STATEI ENT OF PROFIT OR LOSS ACCOUNT AND OTHER COMPREHENSIVE INCOME
FOR THE QUARTER ENDED 31 MARCH 2026 (UN-AUDITED)
QUARTER ENDED
31 March 31 March
Note 2026 2025
(Rupees in thousand)
PLANT MAINTENANCE AND PRESERVATION COSTS | 6 | (265,686) | (689,553) | |
ADMINISTRATIVE EXPENSES | (27,838) | (14,142) | ||
OTHER EXPENSES | (692) | (815) | ||
OTHER INCOME | 525,497 | 276,736 | ||
PROFIT / (LOSS) FROM OPERATIONS | 231,281 | (427,774) | ||
FINANCE COST | (148) | (81) | ||
PROFIT/(LOSS) BEFORETAXATION | 231,133 | (427,855) | ||
TAXATION | (17,736) | (34,761) | ||
PROFIT/(LOSS) AFTER TAXATION | 213,397 | (462,616) | ||
OTHER COMPREHENSIVE INCOME FOR THE PERIOD | ||||
TOTAL COMPREHENSIVE INCOME / (LOSS) FOR THE PERIOD | 213,397 | (462,616) | ||
EARNINGS /(LOSS) PER SHARE - BASIC AND DILUTED (RUPEES) | 0.76 | (1.22) | ||
CHIEF NA IAL OFFICER
The annexed notes form an integral part of these condensed interim financial statements.
CHIEF EXECUTIVE OFFICER DIRECTOR
*! /*'°,g*ue6
3 y
LALPIR POWER LINITED
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY FOR THE QUARTER ENDED 31 MARCH 2026 (UN•AUDITED)
SHARE CAPITAL | RESERVES Capital Reeve Retained Un•appropriated TOTAL payments profit EQUITY reserve |
( - - - -• • • • • • • • • •- - •Rupees in thousand • • • • • • • - • - -• • • )
Balance as at 31 December 2024 - audited | 3,798,387 | 107,004 | 10,926,184 14,831,575 | |
Loss for the quarter ended 31 March 2025 | (462,616) | (462,616) | ||
Other comprehensive income for the quarter | ||||
ended 31 March 2025 | ||||
Total comprehensive loss for the quarter | ||||
ended 31 March 2025 | (462,616) | (462,616) | ||
Balance as at 31 March 2025 - un-audited | 3,798,387 | 107,004 | 10,463,568 | 14,368,959 |
Balance as at 31 December 2025 - audited | 2,798,387 | 8,743,981 | 11,542,368 | |
Profit for the quarter ended 31 March 2026 | ||||
Other comprehensive income for the quarter | ||||
ended 31 March 2026 | ||||
Total comprehensive income for the quarter | ||||
ended 31 March 2026 | 213,397 | 213,397 | ||
Balance as at 31 March 2026 - un-audited | 2,798,387 | - | 8,957,378 | 11,755,765 |
CHIEF DNA IAL OFFICER
213,397 | 213,397 |
The annexed notes form an integral part of these condensed interim financial statements.
CHIEF EXECUTIVE OFFICER DIRECTOR
for LALFIR P "' I L 'TTEO
LALPIR POWER LIMITED
CONDENSED INTERIM STATEMENT OF CASH FLOWS FOR THE QUARTER ENDED 31 MARCH 2026 (UN•AUDITED)
QUARTER ENDED | |||
Note | 31 March 2026 | 31 March 2025 | |
(Rupees in thousand) | |||
CASH FLOWS FROM OPERATING ACTIVITIES | |||
Cash generated from / (used) in operations | 271,208 | (321,041) | |
Finance cost paid | (148) | (39,126) | |
Net(increase)/ decrease in long term loans to employees | (1,912) | 5,383 | |
Long term security deposit received | 1,500 | ||
Income tax paid | (77,125) | (49,377) | |
Net cash generated from I (used in) operating activities | 192,023 | (402,661) | |
CASH FLOWS FROM INVESTING ACTIVITIES | |||
Proceeds from disposal of operating fixed assets | 60,905 | 1,267 | |
Short term investments made | (5,367,131) | (11,679,956) | |
Proceeds from disposal of short term investments | 5,099,000 | 11,489,327 | |
Interest received | 81 | 2,648 | |
Net cash utilized in investing activities | (207,145) | (186,714) | |
CASH FLOWS FROM FINANCING ACTIVITIES | |||
Dividends paid | (306) | (194) | |
Net cash used in financing activities | (306) | (194) | |
Net decrease in cash and cash equivalents | (15,428) | (589,569) | |
Cash and cash equivalents at beginning of the period | 21,072 | 686,673 | |
Cash and cash equivalents at end of the period | 5,644 | 97,104 | |
CASH AND CASH EQUIVALENTS | |||
Cash and bank balances | 5,644 | 97,104 | |
5,644 | 97,104 | ||
The annexed notes form an integral part of these condensed interim financial statements.
CHIEF EXECUTIVE OFFICER DIRECTOR
for LALFIRP ." I L 'ITED
CHIEF F AN AL OFFICER