Lahore: First Capital Securities Corporation Limited has announced its financial results for the third quarter ended September 30, 2025. The company's board of directors met on October 23, 2025, in Lahore to review and approve the financial statements. Notably, the company has decided against declaring any cash dividends, bonus shares, or rights issues for the period.
The unconsolidated interim financial position reveals a moderate increase in non-current assets, which rose to 7.33 billion rupees from 6.77 billion rupees as of June 2025. This increment is primarily attributed to a rise in long-term investments, which amounted to 2.81 billion rupees, up from 2.25 billion rupees. Current assets also showed notable growth, climbing to 206.30 million rupees from 52.65 million rupees, driven by an increase in short-term investments.
Current liabilities have risen to 3.75 billion rupees from 3.22 billion rupees, with trade and other payables experiencing a significant increase to 513.03 million rupees from 59.01 million rupees. Despite this, the company's net assets have strengthened, reaching 3.34 billion rupees from 3.16 billion rupees.
The revenue for the quarter saw a substantial increase, reaching 284.38 million rupees, a very large move compared to 48.80 million rupees in the same period last year. Dividend income notably surged to 117.40 million rupees from 487,846 rupees, while unrealized gains on investments increased to 166.97 million rupees from 48.31 million rupees. Operating and administrative expenses decreased to 4.88 million rupees from 8.81 million rupees, contributing to an operating profit of 279.50 million rupees, a marked improvement from 39.98 million rupees in the previous year.
According to information available from the Pakistan Stock Exchange (PSX), First Capital Securities reported a profit before taxation of 181.53 million rupees, a significant turnaround from the loss of 57.98 million rupees recorded in the previous year. The profit after taxation stood at 181.53 million rupees, with earnings per share rising to 0.57 rupees from a loss per share of 0.18 rupees.
In terms of cash flow, the company generated 27.45 million rupees from operating activities, compared to a cash usage of 15.79 million rupees in the prior year. Investing activities resulted in a cash outflow of 117.57 million rupees, contrasting with an inflow of 36.25 million rupees in the previous year. Financing activities contributed a cash inflow of 177.76 million rupees, up from 1.65 million rupees. Consequently, the net increase in cash and cash equivalents was 87.64 million rupees, compared to an increase of 22.11 million rupees in the same period last year.
These financial results reflect a significant improvement in the company's performance, highlighting strategic investments and cost management as key factors in the turnaround.