Jahangir Siddiqui & Co. Limited Reports Decline in Profit Despite Comprehensive Income Growth

Karachi: Jahangir Siddiqui & Co. Limited (JSCL) announced its financial results for the year ended December 31, 2025, reflecting a decline in profit after taxation despite achieving a significant increase in total comprehensive income. The Board of Directors approved the audited financial statements during a meeting held on March 5, 2026.

For the fiscal year 2025, the company’s profit after taxation decreased to 326.50 million rupees from the previous year’s 397.14 million rupees. The earnings per share followed suit, dropping to 0.36 rupees from the previous year’s 0.43 rupees.

Despite the decline in profit, JSCL reported a total comprehensive income of 8.77 billion rupees, a noticeable increase from 19.05 billion rupees recorded in 2024. The gain on remeasurement of investments at fair value through OCI significantly contributed to this rise, amounting to 2.58 billion rupees during the year.

According to information available from the Pakistan Stock Exchange (PSX), the company’s return on investments decreased to 956.39 million rupees from 1.03 billion rupees. Meanwhile, the gain on the sale of investments increased to 133.88 million rupees from 15.89 million rupees in the previous year. Other notable income streams included a gain from the remeasurement of investments at fair value through profit or loss, which rose to 7.78 million rupees from 5.58 million rupees.

Operating and administrative expenses climbed to 508.49 million rupees, an increase from 401.40 million rupees in the previous year. The finance cost also saw a reduction to 35.80 million rupees, down from 43.76 million rupees.

JSCL has scheduled its Annual General Meeting for April 24, 2026, in Islamabad. The company has announced that its share transfer books will be closed from April 17 to April 24, 2026, to determine shareholder entitlements for attending and voting at the meeting.

The company’s annual report for the year ended December 31, 2025, will be transmitted through the PUCARS system at least 21 days before the Annual General Meeting, providing shareholders ample time to review the financial statements and reports.