Karachi: The Board of Directors of Invest Capital Investment Bank Limited has released its un-audited financial statements for the nine months ending March 31, 2025, revealing a decrease in net profit compared to the same period last year. The net profit for the period was reported at Rupees 87.62 million, down from Rupees 94.23 million in the previous year. Earnings per share also saw a decrease, standing at Rupees 0.308, compared to Rupees 0.331 for the period ended March 31, 2024.
The company's gross revenue, including other income, amounted to Rupees 120.27 million, a decrease from Rupees 132.01 million in the corresponding period last year. Administrative and operating expenses were recorded at Rupees 27.19 million, slightly higher than the Rupees 26.99 million reported for the same period in 2024.
Total assets of Invest Capital Investment Bank Limited increased by Rupees 156.24 million, reaching Rupees 1,454.83 million as of March 31, 2025, compared to Rupees 1,298.59 million as of June 30, 2024. This increase was attributed to successful recoveries against loans, resulting in substantial disbursements. Meanwhile, total liabilities rose by Rupees 194.62 million, amounting to Rupees 792.71 million as of March 31, 2025, compared to Rupees 531.76 million on June 30, 2024, primarily due to an increase in security deposits for leases.
According to information available from the Pakistan Stock Exchange (PSX), the company's financial charges remained minimal at Rupees 0.01 million, while provisions reversed, charged, or written off amounted to Rupees 5.35 million, compared to Rupees 1.92 million in the previous year. Profit before taxation was Rupees 98.42 million, down from Rupees 106.94 million, with net taxation at Rupees 10.80 million compared to Rupees 12.71 million last year.
The company focused on several key areas during the period, including the recovery of non-performing leases and loans, the rationalization of administrative expenses, and expanding new financing business. These efforts were aimed at overcoming financial and operational challenges and improving the company's financial position. The management expressed confidence that the company's bottom line would continue to improve in the coming years.
Acknowledgments were extended to the Securities and Exchange Commission of Pakistan, customers, lenders, shareholders, and staff members for their guidance, support, cooperation, and commitment to the company's improvement.