Karachi: Loads Limited, a prominent entity within the designated market category of automotive manufacturing, has disclosed its audited financial results for the period ending March 31, 2025. The company reported a total comprehensive income of 208.29 million rupees for the period, reflecting a significant improvement over prior figures.
According to information available from the Pakistan Stock Exchange (PSX), Loads Limited's profit for the period before income taxes rose to 339.26 million rupees from 85.03 million rupees in the previous year. This was accompanied by notable adjustments, including depreciation and amortization expenses, which stood at 44.62 million rupees and 129,105 rupees, respectively. Finance costs amounted to 353.17 million rupees, while finance lease charges recorded were 3.21 million rupees.
The company's net cash generated from operating activities totaled 251.20 million rupees, a reversal from a cash outflow of 288.08 million rupees in the previous year. Cash flows from investing activities saw a net generation of 24.89 million rupees, down from 1.39 billion rupees the previous year, largely due to reduced proceeds from the disposal of property, plant, and equipment. Financing activities resulted in a net cash outflow of 319.68 million rupees, compared to 372.10 million rupees in the preceding period.
The financial performance of Loads Limited reflects efforts to navigate economic challenges, with the company's balance as of March 31, 2025, standing at 3.41 billion rupees, up from 2.49 billion rupees at the beginning of the fiscal year. The company's balance sheet showed a profit before income taxes of 339.26 million rupees for the period, further strengthened by a provision for impairment of assets amounting to 750 million rupees.
Operational cash flow improvements were partly driven by an increase in trade debts and stock-in-trade, with trade debts netting an increase of 220.39 million rupees and stock-in-trade rising by 263.86 million rupees. Conversely, there was a decline in trade and other payables by 105.88 million rupees, which impacted working capital changes.
As Loads Limited continues to navigate the economic landscape, the company's financial strategies and operational efficiencies remain crucial in maintaining its market position and ensuring sustainable growth.