Lahore: D S Industries Limited has released its unaudited financial statements for the quarter and nine months ending on March 31, 2025. The company reported a net profit after tax of Rs. 5,192,766, an increase from Rs. 583,739 in the same period last year. Earnings per share for the nine-month period stood at Rs. 0.06, compared to Rs. 0.01 in the previous year. This financial performance comes as the company scales down its operations to mitigate losses amidst challenging economic conditions.

The latest financial results showed net sales of Rs. 3,595,757, significantly lower than the Rs. 23,760,007 recorded in the corresponding period last year. This decline in net sales contributed to a gross loss of Rs. 194,167, contrasting with a gross profit of Rs. 6,836,197 in the previous year.

According to information available from the Pakistan Stock Exchange (PSX), the textile sector, in which D S Industries operates, continues to face pressure from low demand and high production costs. The company's management attributes these financial challenges to unfavorable fiscal measures, including high labor and energy expenses, which have increased working capital requirements. Additionally, a reduced local cotton crop has added uncertainty to raw material prices, further complicating the business environment.

Despite these difficulties, D S Industries remains optimistic about its future. The management plans to diversify business operations in an effort to navigate these economic challenges. The company acknowledges the support of the Pakistan Stock Exchange management, the Securities & Exchange Commission of Pakistan, and its shareholders. The Board also expressed appreciation for the commitment and diligence of the company's employees during this difficult period.

The textile sector's outlook remains uncertain, with fiscal and operational challenges expected to persist. However, D S Industries is hopeful that strategic diversification will enable it to withstand these pressures.