MSCL · Metropolitan Steel Corporation Limited
Transmission of Annual Report for the Year Ended 30-06-2026
- Filed
- 6 October 2026 at 8:08 am
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
AI executive summary
Metropolitan Steel Corporation Limited reported its annual financial results for the year ended June 30, 2026, posting a net loss after tax of PKR 18.73 million compared to a net loss of PKR 12.42 million in the previous year. Net revenue rose to PKR 106.91 million from PKR 100.75 million, while the company continued to face going concern uncertainties, industry-wide challenges, and a qualified auditor opinion.
Key takeaways
- Net revenue for FY2026 increased to PKR 106.91 million compared to PKR 100.75 million in FY2025.
- Loss after tax widened to PKR 18.73 million in FY2026 from PKR 12.42 million in FY2025.
- Loss before tax for FY2026 stood at PKR 21.10 million compared to PKR 14.27 million in the prior year.
- Loss per share (LPS) increased to Re. (0.60) in FY2026 compared to Re. (0.40) in FY2025.
- Auditors issued a qualified opinion regarding trade debts, unclaimed dividends, lease liabilities, and accrued markup, along with an emphasis of matter on material uncertainty relating to going concern.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR '000'
Reporting period
Year
- Income
- 106,908 (prior 100,747)
- Profit after tax
- -18,731 (prior -12,423)
- EPS
- -0.6 (prior -0.4)
- The board approved the annual audited financial statements for the year ended June 30, 2026, and called the 71st Annual General Meeting on October 24, 2026.
- The board intends to constitute an Environment, Social & Governance (ESG) Committee in the upcoming financial year to oversee sustainability matters.
Dividend and entitlement
- Type
- None
- Notes
- The document only covers transmission of Annual Financial Statements for the Year Ended 2026-06-30 with no mention of cash dividend, bonus shares, or rights entitlement.
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This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.