Karachi: Dewan Farooque Motors Limited has released its financial results for the third quarter and nine months ended March 31, 2025, revealing a significant downturn in profitability despite a notable increase in sales. The report, dated October 26, 2026, provides detailed insights into the company's fiscal performance and highlights substantial losses.

For the nine months ending March 31, 2025, Dewan Farooque Motors Limited reported net sales of 763.08 million rupees, a considerable increase from the 68,000 rupees recorded in the same period in 2024. The company's cost of sales also surged, amounting to 942.56 million rupees compared to 147.11 million rupees in the previous year. This resulted in a gross loss of 179.48 million rupees, up from 147.04 million rupees, marking a significant move in financial performance.

Operating expenses further contributed to the losses, with marketing and distribution expenses rising to 47.55 million rupees from 27.47 million rupees, and administration and general expenses increasing to 47.32 million rupees from 20.21 million rupees. The operating loss for the nine-month period reached 274.35 million rupees, compared to 194.71 million rupees in the previous year.

The company reported a loss before income tax and levies of 318.39 million rupees, escalating from 241.06 million rupees in the prior year. After accounting for levies and taxation, the loss for the period was recorded at 328.10 million rupees, compared to 241.06 million rupees. Loss per share was noted at 2.36 rupees, up from 1.74 rupees in the previous year.

According to information available from the Pakistan Stock Exchange (PSX), the company's financial position as of March 31, 2025, included total assets of 4.18 billion rupees, up from 3.96 billion rupees as of June 30, 2024. Non-current assets were valued at 1.74 billion rupees, while current assets were reported at 2.44 billion rupees. The company's equity and liabilities included a share capital of 1.39 billion rupees and accumulated losses of 5.42 billion rupees, reflecting the financial challenges faced by the company.

Dewan Farooque Motors Limited continues to navigate a complex market environment, with increased sales failing to offset the rising costs and operational losses. The company's financial health remains a concern, as evidenced by its escalating accumulated losses and substantial short-term financial obligations, amounting to 8.18 billion rupees as of the report date.