Lahore: Diamond Industries Limited has reported a significant financial loss for the fiscal year ending June 30, 2025, as presented in the company’s financial results released on October 2, 2025. The Board of Directors convened to deliberate on the results, ultimately recommending no cash dividend, bonus shares, right shares, or any other entitlements for shareholders.
The financial statement reveals a substantial loss after taxation amounting to 153.76 million rupees, a notable increase from the previous year’s loss of 24.23 million rupees. This significant move is reflected in the earnings per share, which fell sharply from negative 2.69 rupees to negative 17.08 rupees.
According to information available from the Pakistan Stock Exchange (PSX), Diamond Industries’ total assets decreased from 527.91 million rupees to 480.38 million rupees. The company’s investments available for sale showed a considerable increase from 107.86 million rupees to 236.40 million rupees, while trade debts and stock in trade were not reported for the current year.
The company’s total equity and liabilities declined, with shareholders’ equity standing at 202.18 million rupees, down from 246.69 million rupees the previous year. However, the deferred liabilities increased to 59.01 million rupees from 41.80 million rupees, indicating a moderate move in non-current liabilities.
The annual general meeting of Diamond Industries is scheduled for October 27, 2025, at the company’s registered office in Swabi, Khyber Pakhtunkhwa. The share transfer books will remain closed from October 20 to October 27, with transfers received by the close of business on October 19 being processed in time for entitlements.
This financial downturn marks a challenging period for Diamond Industries as it navigates through significant financial losses and restructures its liabilities and assets.