Karachi: Buxly Paints Limited has reported a net loss for the first quarter of the fiscal year ending on September 30, 2025. The company experienced a decrease in net sales, recording Rs. 133.61 million compared to Rs. 148.84 million during the same period the previous year.
The company's gross profit, however, saw an improvement, increasing from 17.30% to 21.02%. Despite this improvement, the company faced a net loss after tax of Rs. 1.4 million, translating to a loss per share of Rs. (0.98).
According to information available from the Pakistan Stock Exchange (PSX), Buxly Paints Limited's financial position reflected total assets of Rs. 623.95 million, slightly down from Rs. 626.37 million at the end of June 2025. The company's current liabilities stood at Rs. 442.04 million, with short-term borrowing reduced significantly from Rs. 83.90 million to Rs. 23.35 million.
The directors of Buxly Paints Limited expressed confidence in achieving sales and profitability targets for the current financial year. They highlighted the company's focus on capitalizing on growth opportunities and enhancing operational performance despite a highly competitive business environment.
The company's issued, subscribed, and paid-up capital remained unchanged at Rs. 14.40 million. Meanwhile, the accumulated loss increased to Rs. 7.42 million from Rs. 6.00 million as of June 2025.
The board of directors authorized the issuance of these financial statements on October 29, 2025.