Lahore: Treet Battery Limited announced its financial results for the period ended March 31, 2026, following a Board of Directors meeting on April 28, 2026. The company reported a stable financial position despite facing operational challenges, as reflected in its latest unaudited statement of financial position and cash flow statements.
The company’s property, plant, and equipment were valued at 6.32 billion rupees as of March 2026, showing no significant change from the previous year. The right-of-use asset saw a considerable increase from 2.57 million rupees in June 2025 to 21.09 million rupees in March 2026. Long-term deposits also saw a minor increase to 30.04 million rupees from 29.26 million rupees.
Current assets amounted to 2.92 billion rupees, a decrease from 3.17 billion rupees in June 2025. Notably, the stock in trade increased significantly to 1.38 billion rupees from 1.00 billion rupees, marking a very large move. However, trade debtors rose significantly to 710.62 million rupees from 454.12 million rupees, indicating operational challenges in managing receivables.
Equity and liabilities reflected stable conditions with the share capital unchanged at 10.83 billion rupees. The company reported an accumulated loss of 497.04 million rupees, a moderate move from the previous 451.51 million rupees. Non-current liabilities, including lease liabilities, were introduced at 13.54 million rupees.
Current liabilities, however, decreased to 7.15 billion rupees from 7.35 billion rupees, with trade and other payables falling significantly to 1.08 billion rupees from 1.57 billion rupees, marking a significant move in its liability management.
According to information available from the Pakistan Stock Exchange (PSX), Treet Battery Limited did not declare any cash dividend, bonus shares, or right shares for the period ended March 31, 2026. The company also reported no other entitlements or corporate actions.
The cash flows from operating activities indicated a loss of 1.33 billion rupees, an increase from the previous year’s loss of 997.47 million rupees. The company managed to generate 1.27 billion rupees from financing activities, primarily through short-term borrowings and a loan from a director, showing a very large move.
Despite these challenges, Treet Battery Limited ended the period with cash and cash equivalents totaling 134.62 million rupees, down from 366.41 million rupees at the beginning of the year. The financial results reflect the company’s ongoing efforts to stabilize its financial position amid challenging operational conditions.