Karachi: Exide Pakistan Limited has released its financial results for the quarter ended December 31, 2025, revealing a decline in turnover and profit compared to the previous year. The Board of Directors convened on January 29, 2026, to review and approve these financial results.

The company reported a turnover of 3.50 billion rupees for the third quarter of 2025, a noticeable decrease from the 4.85 billion rupees recorded during the same period in 2024. This represents a very large or significant move in turnover, underscoring the challenging operating environment faced by the company.

In addition to the reduced turnover, Exide Pakistan’s gross profit for the quarter also fell to 584.15 million rupees, compared to 862.26 million rupees in the corresponding quarter of the previous year. Operating profit similarly declined, with the company recording a figure of 188.32 million rupees, down from 266.88 million rupees in the third quarter of 2024.

According to information available from the Pakistan Stock Exchange (PSX), the company’s financial challenges were further compounded by increased financial charges. These charges rose to 193.62 million rupees from 172.54 million rupees a year earlier, impacting the overall profitability of the firm.

As a result, Exide Pakistan posted a loss before taxation of 7.40 million rupees for the quarter, a reversal from the profit of 87.40 million rupees it achieved in the same period last year. After accounting for taxation, the loss after tax stood at 48.46 million rupees, a significant downturn compared to a profit after tax of 54.05 million rupees reported in the third quarter of 2024.

The company’s statement of financial position as of December 31, 2025, shows property, plant, and equipment valued at approximately 2.20 billion rupees, while current assets totaled 14.97 billion rupees. Current liabilities amounted to 10.10 billion rupees, resulting in net current assets of 4.87 billion rupees.

Exide Pakistan also reported cash and bank balances of 12.89 million rupees at the end of the period, a sharp decline from the 1.16 billion rupees recorded at the beginning of the period. This was attributed to significant cash outflows from operating and financing activities, leading to a net decrease in cash and cash equivalents of 3.50 billion rupees during the period.

In light of these financial results, the Board of Directors did not recommend any cash dividend, bonus shares, or right shares for shareholders. The company also did not announce any other corporate actions or entitlements.