Karachi: Siemens (Pakistan) Engineering Company Limited has announced its un-audited financial results for the quarter ending December 31, 2025, revealing a notable decline in profit from continuing operations. The Board of Directors approved these results during a meeting held in Dubai on January 28, 2026.
The company reported net sales and services of 1.89 billion rupees for the quarter, up from 1.59 billion rupees in the same period last year. Despite this increase in sales, Siemens Pakistan experienced a significant drop in net profit from continuing operations, which fell to 59.93 million rupees from 318.30 million rupees a year earlier.
The cost of sales and services soared to 1.65 billion rupees compared to 973.07 million rupees in the previous year. This escalation led to a gross profit of 242.78 million rupees, significantly lower than the 620.11 million rupees reported in the corresponding quarter of the prior year.
The company’s marketing and selling expenses rose to 275.82 million rupees from 219.24 million rupees, while general administrative expenses increased to 52.36 million rupees from 17.63 million rupees. These rising expenses contributed to an operating loss of 75.08 million rupees, contrasting sharply with an operating profit of 395.31 million rupees recorded in the same period of the previous year.
According to information available from the Pakistan Stock Exchange (PSX), Siemens Pakistan’s financial income saw a substantial rise to 148.57 million rupees, up from 15.10 million rupees, which provided some relief against its financial expenses of 14.41 million rupees.
The net profit before income tax from continuing operations stood at 16.57 million rupees, a steep decline from 374.83 million rupees in the prior year. The company’s income tax position reversed, resulting in a tax credit of 43.36 million rupees compared to a tax expense of 56.53 million rupees last year. This reversal contributed to the net profit from continuing operations being reported as 59.93 million rupees.
For the period under review, Siemens Pakistan’s total equity and liabilities amounted to 14.38 billion rupees, up from 14.20 billion rupees at the end of September 2025. The company’s current liabilities increased to 6.94 billion rupees from 6.84 billion rupees, while non-current liabilities rose slightly to 1.19 billion rupees from 1.18 billion rupees.
The company’s cash and bank balances at the end of the quarter were recorded at 7.25 billion rupees, reflecting an increase from 6.71 billion rupees at the beginning of the period.
Siemens Pakistan operates within the designated market category of industrial engineering and manufacturing. Despite the challenges faced this quarter, the company remains a significant player in this sector. The quarterly report, including statements of financial position, changes in equity, and cash flows, is appended as Annexure A and will be transmitted through PUCARS within the specified timeframe.