Bela Automotives Limited has released its annual financial report for the year ended June 30, 2026, detailing significant operational challenges and financial losses.
- The company reported a turnover of PKR 4,189.93M, down from PKR 4,682.06M in the previous year.
- Net loss for the year was PKR 25.25M, compared to a loss of PKR 24.51M in 2025.
- Earnings per share (EPS) decreased to PKR (4.35) from PKR (4.23) in the prior year.
- Accumulated losses increased to PKR 129.10M, up from PKR 105.26M in 2025.
- The auditors issued an adverse opinion due to ongoing operational and financial difficulties, questioning the company's going concern assumption.
- The company has been facing legal and financial challenges, including a significant dispute with Habib Bank Limited and issues with the Income Tax Department that have impacted operations.
- Despite these challenges, management is optimistic about future improvements if working capital can be secured.