Metropolitan Steel Corporation Limited reported a net loss of Rs 1.85 million for the quarter ended September 30, 2026
Filed as: Financial Results for the Quarter Ended September 30, 2026
Summary
Metropolitan Steel Corporation Limited reported a net loss of Rs 1.85 million for the quarter ended September 30, 2026, despite achieving a gross profit of Rs 1.77 million. The company continues to face challenges with operating losses and cash flow issues.
Read the original filingFigures in the filing
| Item | This period | Period before | Change |
|---|---|---|---|
| Net Sales | PKR 26.18 million | PKR 22.96 million | +14.1% |
| Gross Profit | PKR 1.77 million | PKR -3.35 million | — |
| Operating Loss | PKR -3.04 million | PKR -7.18 million | — |
| Net Loss | PKR -1.85 million | PKR -6.26 million | — |
| Net Cash Used in Operating Activities | PKR -6.15 million | PKR -10.11 million | — |
| Loss Per Share | PKR -0.060 | PKR -0.202 | — |
Amounts are in Pakistani rupees as stated in the filing (M = million, B = billion).
What the filing says
- The company achieved a gross profit of Rs 1.77 million, a significant improvement from a gross loss of Rs 3.35 million in the prior period.
- Net sales increased to Rs 26.18 million, reflecting a growth of 14.08% compared to Rs 22.96 million in the prior period.
- Despite the improvement in gross profit, the company reported an operating loss of Rs 3.04 million, though this is an improvement from the Rs 7.18 million loss in the prior period.
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Source: Metropolitan Steel Corporation Limited's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.