BGL · Baluchistan Glass Limited
Transmission of Annual Report for the Year Ended June 30, 2026
- Filed
- 30 September 2026 at 2:48 pm
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
AI executive summary
Baluchistan Glass Limited reported an annual net loss of PKR 517.237 million for the year ended June 30, 2026, an improvement compared to the net loss of PKR 713.459 million in the previous year. Net sales dropped sharply to PKR 24.085 million from PKR 717.833 million due to ongoing operational suspensions at Unit-I in Hub, Balochistan, caused by technical constraints and low gas pressure.
Key takeaways
- Net sales for the year ended June 30, 2026, fell to PKR 24.085 million compared to PKR 717.833 million in the prior year.
- The company reported a gross loss of PKR 306.056 million for FY2026 compared to a gross loss of PKR 463.789 million in FY2025.
- Loss before taxation narrowed to PKR 524.248 million from PKR 721.188 million.
- Net loss after taxation decreased to PKR 517.237 million compared to PKR 713.459 million in the previous year.
- Basic and diluted loss per share improved to PKR 0.81 from PKR 1.85.
- No dividend or bonus shares were recommended due to the financial losses incurred during the year.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in Rupees in thousands
Reporting period
Year
- Income
- 24,085 (prior 717,833)
- Profit after tax
- -517,237 (prior -713,459)
- EPS
- -0.81 (prior -1.85)
- The 46th Annual General Meeting (AGM) of the company is scheduled to be held on October 23, 2026, at 11:30 AM at Plot No. 8, Sector M, H.I.T.E., Hub, District Lasbela, and through video link.
- The board recommended the re-appointment of M/s PKF F.R.A.N.T.S., Chartered Accountants, as auditors of the company for the year ending June 30, 2027.
- Management continues to focus on resolving operational constraints, addressing gas pressure issues at Unit-I, implementing cost optimization, and exploring viable market segments.
Dividend and entitlement
- Type
- None
- Notes
- The document only discusses the transmission of annual financial statements; no dividend, bonus, or rights entitlement is mentioned.
- #financial-results
- #annual-report
- #bgl
- #baluchistan-glass
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.