Karachi: Security Leasing Corporation Limited has reported substantial financial losses for the fiscal year ending June 30, 2026, as detailed in its recently released financial statement. The company registered a loss of 9.12 million rupees for the year, a significant increase compared to the previous year's loss of 3.12 million rupees.

Operating losses before income tax surged to 5.73 million rupees in 2026, up from 3.12 million rupees in 2025. The loss before working capital changes also increased, with the company reporting an operating loss of 2.94 million rupees, compared to 449,726 rupees the previous year.

The company experienced a decrease in cash and cash equivalents, ending the year with 16,739 rupees, down significantly from 295,746 rupees at the beginning of the year. The net cash generated from operating activities saw a moderate move, decreasing to negative 134,007 rupees from negative 341,193 rupees in 2025.

According to information available from the Pakistan Stock Exchange (PSX), Security Leasing Corporation Limited's revenue from contracts with customers decreased to 14.67 million rupees from 16.09 million rupees in the previous year. This decline was accompanied by an increase in administrative and selling expenses, which rose to 20.99 million rupees from 19.75 million rupees.

The company did not report any proceeds from the disposal of property and equipment, nor did it make any purchases of fixed assets during the year. Additionally, there were no cash flows from financing activities reported.

Overall, Security Leasing Corporation Limited's financial performance in 2026 reflects the challenges faced by the company in navigating an increasingly difficult economic environment. The company remains listed in the Non-Banking Finance Companies (NBFC) sector on the Pakistan Stock Exchange.