Lahore: LSE Financial Services Limited has reported its financial results for the first quarter ended September 30, 2026, with a notable reduction in losses compared to the same period last year. The company's financial performance was detailed in a report dated October 30, 2026.

The company's net revenue rose to 7,709,000 rupees for the quarter, a moderate move from the 7,262,000 rupees recorded in the first quarter of the previous year. Despite this increase in revenue, LSE Financial Services Limited reported a loss for the period, albeit significantly reduced from the prior year.

Administrative and general expenses were substantially lowered to 8,548,000 rupees from 26,663,000 rupees, contributing to a narrowed operating loss of 839,000 rupees, down from a loss of 19,401,000 rupees in the same quarter last year.

The financial report also highlighted a decrease in other incomes, which fell to 238,000 rupees from 2,457,000 rupees. However, the company's share of post-tax profits from associates declined to 506,000 rupees from 2,189,000 rupees. Finance costs increased to 1,601,000 rupees from 37,000 rupees, impacting the overall financial outcome.

According to information available from the Pakistan Stock Exchange (PSX), LSE Financial Services Limited's profit before levy and taxation stood at a loss of 1,696,000 rupees, improving from the previous year's loss of 14,793,000 rupees. After accounting for a levy of 115,000 rupees, down from 1,692,000 rupees, the loss before taxation was reported at 1,810,000 rupees compared to 16,484,000 rupees in the prior year. Taxation amounted to 147,000 rupees, leading to a total loss for the period of 1,957,000 rupees, significantly reduced from the 16,484,000 rupees loss recorded last year.

Earnings per share, both basic and diluted, were reported at a loss of 0.01 rupees, showing improvement from the previous year's loss of 0.06 rupees.

The Lahore-based financial services firm operates within the designated market category of financial services, adapting to changing market conditions with a focus on cost management and strategic financial planning.