Islamabad: In a significant development towards alleviating the circular debt crisis in Pakistan's energy sector, the Oil and Gas Development Company Limited (OGDCL) has secured the third installment of interest payment from Power Holding (Private) Li...
Read More »Nishat Mills Earnings Disappoint: Lower Sales and Higher Taxes Impact Profits
Lahore: Nishat Mills Limited (NML) reported a less-than-expected financial performance for the fourth quarter of fiscal year 2025, with earnings per share (EPS) at Rs3.34. This marks a 15% increase year-on-year, but falls short of industry predictions...
Read More »inDrive’s Helmet Initiative Spotlights Urgent Road Safety Needs Across Pakistan
Lahore: inDrive, a prominent global mobility service, has declared an ambitious commitment to distribute 15,000 helmets nationwide, marking a significant step towards enhancing road safety in Pakistan. This initiative, launched in partnership with the...
Read More »Kibor rates signal economic volatility amid financial uncertainties
Karachi: The Karachi Interbank Offered Rate (KIBOR) has shown significant fluctuations across various tenors, indicating a wave of economic uncertainty. As per the data released by the State Bank of Pakistan on September 30, 2025, the rates have exper...
Read More »inDrive’s Helmet Initiative Spotlights Urgent Road Safety Needs Across Pakistan
Lahore: inDrive, a prominent global mobility service, has declared an ambitious commitment to distribute 15,000 helmets nationwide, marking a significant step towards enhancing road safety in Pakistan. This initiative, launched in partnership with the...
Read More »Sazgar Engineering’s Earnings Soar by 61% for FY27 Amid Robust Sales Forecast
Karachi: In a striking development, Sazgar Engineering (SAZEW) has revised its earnings projections for the fiscal year 2027 upwards by a significant 61%, signaling a positive outlook for the automotive manufacturer. The change comes after the company...
Read More »Nishat Mills Sees Profit Growth But Falls Short Due to Heavy Taxation
Karachi: Nishat Mills Ltd. (NML) has released its financial outcomes for the fourth quarter of fiscal year 2025, showcasing a mixed bag of profit growth and unforeseen fiscal burdens. The textile conglomerate reported standalone earnings of PKR1.2 bil...
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