Oct 26, 2026, 8:53 AM
Dewan Farooque Motors reports a larger quarterly loss for the quarter ended March 31, 2026
Financial ResultDewan Farooque Motors Limited announced unaudited results for the quarter ended March 31, 2026. Net sales fell to Rs. 326.850 million from Rs. 363.521 million a year earlier, while the net loss widened to Rs. 209.004 million from Rs. 95.690 million. Loss per share was Rs. 0.07 versus Rs. 0.69. The board recommended no cash dividend, bonus shares, or right shares.
Key Findings
- Quarterly net sales decreased to Rs. 326.850 million from Rs. 363.521 million year on year.
- Gross loss widened to Rs. 129.516 million from Rs. 56.220 million.
- Operating loss widened to Rs. 175.770 million from Rs. 86.917 million.
- Net loss widened to Rs. 209.004 million from Rs. 95.690 million; loss per share was Rs. 0.07 compared with Rs. 0.69.
- The board recommended nil cash dividend, bonus shares, and right shares.
Financial Performance
| Metric | PreviousQuarter ended March 31, 2025 | CurrentQuarter ended March 31, 2026 | Change |
|---|---|---|---|
| Sales - Net | 363,521 | 326,850 | -10.1% |
| Gross loss | (56,220) | (129,516) | -130.4% |
| Operating loss | (86,917) | (175,770) | -102.2% |
| Loss for the period | (95,690) | (209,004) | -118.4% |
| Loss per share - Basic and diluted | (0.69) | (0.07) | +89.9% |
| Finance cost | (247) | (1,118) | -352.6% |
| Cash and bank balances | 214,064 | 185,406 | -13.4% |
| Short term loan from related parties | 2,116,185 | 603,620 | -71.5% |
⚡
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.