Metropolitan Steel Corporation LimitedPSX: MSCL

Transmission of Quarterly Report for the Period Ended March 31, 2025

· Issued by Metropolitan Steel Corporation Limited

METROPOLITAN STEEL CORPORATION LIMITED

QUARTERLY REPORT FOR NINTH

MONTH ENDED ON MARCH 31, 2025

Mr.Mahmood Ali Mehkri Mrs Uzma Mahmood MehkriMrs Sofia Mehkari

Mrs.Sofia Mehkari

DIRECTORS' REPORT TO THE MEMBERS FOR THE QUARTER ENDED ON MARCH 31, 2025

The Buardof Directors

present ther Rcpvrt mid die condensed interim Luxiricial natemmi s of the Company for the qiuirter ended March 31. 2(J25.

Your CumgfiIPI W UL& Act Sal«s Rs. 21.993 rrñJlion wiLb z Net less ul” Rs. 4.376 m\Iioa bcfurc tax io

lhc +juxrirv n‹lc‹I kfsr h 3 I, 202a.

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METROPOLITAN BTEEL CORPORATION LIMITED

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@/ METROPOLITAN 9TEEL CORPORATION LII¥IITED

(21,I40)

(31,359j

(6Sjlfib)

{lie 4s6)

@,247)

1,12t1

(10.72&)

(32.789)

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(4,J80j I93n) (20,II83) t35.354)

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/ISCuETROPOMTAN  9TEEL   CORPORATION     LIMITED          

lxiss fot ific year

Otfiet comprcbensiiz income Tot•J zoni9reftensfve inmror ter

Otter comprehensive income Total ronlpreheastve lnceinr far

309,776 80J00 (86,926) 534,738 838.088

#,3]6

309,776 80a (1fG,S 121 529,982 8t4.746

309.7TM 1,500 (I32,20Sj S2 794,863

’ Rncuue zeserycs can bo utilized for zneeâng eny cezttlogeocios end fbr diem On of g¥ofit by wey of dirt eod.

Tfic armcxcd notes finn I ›o 22 Form an i«tcgiat pat oFtltac co«d<>iiiicrim Rtio1ciaI x-atcrr<>

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MSC METROPOLITAN STEEL CORPORATION LIMITED

2,224

@ METROPOLITAN STEEL CORPORATION LIMITED

Registered office and Manuiiiciuting facility' Lnndhi Industrial Art, Plot ñ HE: I/2

/.2

Diirin'g ilic QM•r ended Minch 31, 2025, the Company hue inciirmd n greos loss of Ra. I N7 mllllnn. Narch 3 {i*024: Jims yrofii ot’ Its. 1.1 2tl mil tion) and hey incurred operating loss amnuntl np in W

$. i â4 ailllino tMsrcb 31. *o24: opzmiing lost its. 1.a0 I ni iiiionl arid its amiimulntnd ln'sses noted or

VlJM04m00uu(flmt)02O24:R;lOfiol?)milflun

T]1e8e cj3ndit[oyfl indi m ie the existence of’mnterinluncertainty ihat any cnst significnnt dnubi about the

'Company's ability io coniinue as.u going concern

tfié requirimenti of the International Accounting Standard 34 - 'Interim l'iitatiéis1 Reponing' and

provision's of rind directives issued under ihc 'Companies Acid 2017.1The Act1. In case wbc'ré

requiwd in the financial WtemetiL and shou Td he reed io coujunctinn w'itlt the L aJ1¿s' aonuaJ

@/ METROPOLITAN STEEL CORPORATION LIf¥IITED

2.3

FDHDded'DtT io thé néanst ru'pec.

Tfi'e coinpnzaâ .e coned inrenm srctemeot of finaaciaT /x›sirion presented kas b'ea estractéd from nnnuaT ñnoncfâT sTalemats for ho ycer ended June ñft. *0Z4, whwcas th'c cmnpgmlzax co'ndmd

Fuzaocicl s%teoaeots me tbe same as tbuse app'Iied io tb'e pr tion .at” th'e fluutncioT statemer«s Ibr tbe yr

cndrdJunc10.."Q]#.

hyl• prcparatir+n of th'csc .con'dc red intcfim finonciuJ suiicm'curs in confumi uñk appeased acoéunzing

The C'oinpvoy’s fiiuneial nsh men cm objmim end Alicia e:re.ca'nsistent wi0i tM discl'o* in tic

MSC METROPOLITAN STEEL CORPORATION LIMITED

d7

@/ METROPOMTAN SEEL CORPORATION MNITED

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Dl,100 f3,9s8

- M922

Lti2 48,A2

                 24+076  

         2B,?73 

Z./ Tliis rqir«srca amount racciuhk in mspcc‹ rfsu/›n4y wring io Re 4dY mbllen Nsc 10, 2024: Its

4.32 mfitten] supplied e M»Tang1ecaic Bowen Comgaoy LJmhed bearing echo no *&U and UPS mI0Ien tJMc 34, 2o24. I9.3s cailllooj is«bJe mum NMDA braking su t no IQ8/30t4. As Ix•r rhe T W m baflt of martyrs th 1s no got Wg¥ nd flwrtlwr TI ia W rI+r

I 3,014

@ METROPOLITAN STEEL CORPORATION LIMITED

145

NM

RWluaoou svrylusdudng ific her- eat

(4,7]6

rr*nifcm:d ia iuiappro;xt*iea profit in ie*peci of iocrwocai•i d•pmcietiun - mi at Refered m Refered deferred tax lisbllity

@ METROPOLITAN STEEL CORPORATION MMITED

l°rovbi+ms for chins rccovenbtc

hitihiliñm miner aiacts «ubjm ie fin«ncv km

gewuaTien wzg1us on gtopeny, plonk aad equlgmeoT

   26    7        

(29a) (28.W)

130$,9291 i30â.767)

27,£1I

(X 1 Defarmd iai aisei •s ei Mamh 31, 2tP6 to thu ccic4t of R•. 2H 4b •ñffio• f4une â4. 2 24: Rs. 172•i6 mllhan) has not been ruca#nized as the Company does ant npect to generaie iufticteni iaxnhle prnfiti in

deemed tiabllitiea'

Witbbo1dmg ta* peyeblc 61

t7177

METROPOLITAN STEEL CORPORATION LIMITED

F-mm dimctur • unsecured

/4./ Itqsresmns intcresi loan obtained hmm di rector of’ rhc L”onpnv In no the 'orking mpiy.aT

2f/2J

2¥,222

E•mJucponmnnFmx1i•ildm

/ ñ3.I tiuarunicc iii fsvor ui’ Stir S+ithcm Gas tiornpnii* r air retired try the ftsrik un bchklf of tic turnpiinv iutnuuifc+1 lv m, fi tn0IIoti tJanc 50, 20*4. Rs. S mtlliii it .

Sol w

40.737

@ METROPOLITAN STEEL CORPORATION LII¥IITED

Clfief cxaut e of her aod dir«•tors” rcrown

UtilT ics 49

Degmigfion 19

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tleferred

47d

    374

Rc. (4,189I

   68 

1,781

MSC METROPOLITAN STEEL CORPORATION LIMITED

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         -          7,4fil  

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