Karachi: Dewan Farooque Motors Limited has reported heightened financial losses for the half-year period ending December 31, 2025, as outlined in the company's un-audited, condensed interim financial statements. The report, dated October 26, 2026, details a challenging period for the company, with a significant increase in both the gross and operating losses compared to the previous year.

During the six-month span leading up to December 31, 2025, Dewan Farooque Motors registered net sales of 531.11 million rupees, a notable increase from the 399.56 million rupees recorded for the same period in 2024. Despite this rise in sales, the cost of sales surged to 684.16 million rupees from 522.81 million rupees, leading to a gross loss of 153.05 million rupees, up from the previous year's 123.26 million rupees.

The company's operating expenses further strained its financial results. Marketing and distribution expenses climbed to 44.33 million rupees from 29.40 million rupees, while administration and general expenses rose to 42.12 million rupees from 34.78 million rupees. These increases contributed to an operating loss of 239.50 million rupees, compared to 187.43 million rupees for the same period in the prior year.

According to information available from the Pakistan Stock Exchange (PSX), Dewan Farooque Motors also faced other losses amounting to 81.82 million rupees, a significant move from 39.67 million rupees in the previous year. The finance cost, although relatively low, increased to 929,000 rupees from 149,000 rupees.

The company's total loss before levies and income tax widened to 322.25 million rupees from 227.25 million rupees. After accounting for levies amounting to 6.64 million rupees, the loss before income tax reached 328.89 million rupees, compared to 232.24 million rupees the previous year.

No taxation was reported for the current period, contrasting with the minimal taxation of 169,000 rupees recorded in the previous year. Consequently, the overall loss for the year stood at 328.89 million rupees, marking a significant move from the 232.41 million rupees reported for the half-year ending December 31, 2024.

The loss per share for Dewan Farooque Motors was reported at 1.44 rupees, showing a marginal improvement from the 1.68 rupees per share reported for the previous year. The designated market category remains unchanged.