D.M. Corporation Limited Reports Significant Increase in Quarterly Loss

Karachi: D.M. Corporation Limited has announced its financial results for the quarter ending September 30, 2026, revealing a substantial increase in losses compared to the same period last year. The company reported its unconsolidated condensed interim statement of profit or loss on October 29, 2026.

The revenue for the period stood at 9.70 million rupees, up from 8.36 million rupees in the corresponding quarter of 2025. Despite this increase, the cost of revenue also rose sharply to 15.24 million rupees from 10.46 million rupees, resulting in a gross loss of 5.53 million rupees compared to a loss of 2.10 million rupees in the previous year.

Administrative and general expenses increased to 2.33 million rupees from 1.39 million rupees. However, the company reported no other expenses for the quarter, maintaining the total operating loss at 7.86 million rupees, a rise from 3.49 million rupees in the same quarter last year.

Other income showed a notable improvement, increasing to 549,564 rupees from 187,134 rupees. According to information available from the Pakistan Stock Exchange (PSX), despite this increase in other income, the loss from operations widened to 7.31 million rupees from 3.30 million rupees in the previous year.

Finance costs rose slightly to 3,008 rupees from 1,890 rupees. After accounting for levies of 121,247 rupees, the company's loss before income tax escalated to 7.44 million rupees from 3.30 million rupees. There was no taxation reported for either period.

The loss for the quarter amounted to 7.44 million rupees, a very large move compared to the loss of 3.30 million rupees reported in the same quarter of the previous year. Consequently, the loss per share, both basic and diluted, deteriorated to 2.44 rupees from 1.08 rupees.