KARACHI: D.S. Industries Limited has reported a net loss for the nine-month period ended March 31, 2026, reversing the profit recorded during the corresponding period last year, according to the company’s latest financial results submitted to the Pakistan Stock Exchange (PSX).

The company posted a loss after tax of Rs1.95 million for the nine months ended March 31, 2026, compared with a profit after tax of Rs5.19 million in the same period of the previous year. Earnings per share (EPS) also turned negative, standing at Rs0.02 per share, against positive EPS of Rs0.06 a year earlier.

For the quarter ended March 31, 2026, D.S. Industries recorded a loss after tax of Rs10.51 million, significantly wider than the Rs2.57 million loss reported in the corresponding quarter of 2025. Quarterly loss per share increased to Rs0.13, compared with Rs0.03 in the same quarter last year.

The company’s revenue remained minimal during the nine-month period, with sales amounting to Rs57,622, compared with Rs3.60 million in the corresponding period last year. Administrative, selling and other operating expenses continued to weigh on financial performance despite lower costs than the previous year. Meanwhile, other income declined to Rs7.65 million from Rs9.23 million recorded a year earlier.

In addition, the company reported an unrealized loss on short-term investments of Rs2.13 million, which, together with finance costs and lower income from its associate, contributed to the overall decline in profitability.

The Board of Directors did not recommend any cash dividend, bonus shares, or right shares for shareholders.

According to the condensed interim statement of financial position, D.S. Industries’ total equity stood at approximately Rs187.09 million as of March 31, 2026, while total assets were reported at Rs274.03 million. The company maintained cash and bank balances of Rs54.08 million at the end of the reporting period.

The latest financial results indicate that D.S. Industries continues to face operational challenges, with weak sales and investment-related losses impacting its earnings performance during the current financial year.