Lahore: Pervez Ahmed Consultancy Services Limited has announced its financial results for the quarter ending March 31, 2026, revealing a substantial financial downturn. The company reported a loss after taxation of Rs. 10,575,866 for the first quarter of 2026, a sharp contrast to the loss of Rs. 2,059,694 recorded in the same quarter of the previous year. These results were approved by the Board of Directors during a meeting held at the company’s registered office.

The company’s revenue from contracts with customers was impacted by various financial metrics, including administrative and other charges, which decreased slightly to Rs. 373,503 from Rs. 392,934 in the first quarter of the previous year. Additionally, a negative change in the fair value of investments amounted to Rs. 113,867, compared to a loss of Rs. 155,460 in the same period last year.

According to information available from the Pakistan Stock Exchange (PSX), Pervez Ahmed Consultancy Services Limited’s earnings per share for the first quarter of 2026 stood at a loss of Rs. 0.057, a significant move from the loss per share of Rs. 0.011 reported in the corresponding quarter of 2025. The share of loss from associates also contributed to the downturn, amounting to Rs. 10,088,496, compared to a loss of Rs. 1,511,300 in the previous year.

For the nine-month period ending March 31, 2026, the company recorded a profit after taxation of Rs. 510,915, a stark decrease from the profit of Rs. 6,967,357 during the same period last year. Despite the overall losses, the company’s long-term investments increased slightly to Rs. 92.81 million from Rs. 91.72 million as of June 2025.

The financial position of Pervez Ahmed Consultancy Services Limited remains challenging, with net assets reported at a negative Rs. 553.68 million, compared to a negative Rs. 554.19 million as of June 2025. The company’s current liabilities, including trade and other payables, amounted to Rs. 652.02 million, showcasing a slight increase from Rs. 650.41 million as of the previous year-end.

The company has announced no cash dividends, bonus shares, or right shares for the period under review. The financial results reflect ongoing challenges faced by the company in navigating the market dynamics and sustaining its profitability in the current economic climate.