Lahore: Pakistan Engineering Company Limited has announced its financial results for the nine-month period ending March 31, 2025. The directors' meeting, held on June 6, 2026, through both in-person and virtual means, concluded with no recommendations for cash dividends, bonus shares, right shares, or any other corporate actions or price-sensitive information.

According to the report, sales for the nine-month period were recorded at 26,695,000 rupees, compared to 17,966,000 rupees during the same period last year. Despite the increase in sales, the company reported a gross loss due to higher costs of sales, which amounted to 46,552,000 rupees for the nine-month period.

The financial statements revealed that administrative expenses increased to 32,014,000 rupees from a previous 30,615,000 rupees, contributing to an operating loss of 51,269,000 rupees. The finance cost decreased significantly to 54,000 rupees from 6,681,000 rupees. Consequently, the loss before taxation stood at 51,657,000 rupees, a moderate move compared to 67,374,000 rupees during the same period last year.

According to information available from the Pakistan Stock Exchange (PSX), the basic and diluted loss per share was 9.49 rupees for the nine-month period ending March 31, 2025, compared to 12.31 rupees the previous year.

The statement of financial position as of March 31, 2025, showed total assets of 39.62 billion rupees, slightly down from 39.67 billion rupees as of June 30, 2024. The company reported non-current liabilities of 124.61 million rupees, while current liabilities were reported at 750.66 million rupees.

The revenue reserve remained unchanged at 10 million rupees, while the accumulated loss increased to 2.20 billion rupees from 2.15 billion rupees. The company's equity position was reported at 36.96 billion rupees, showing a slight decline from 37.01 billion rupees.

The financial results will be further detailed in the company's quarterly report, which will be transmitted through PUCARS within the specified time frame, fulfilling the requirements under Section 96 and 131 of the Securities Act, 2015.