Grays Leasing Limited held a corporate briefing session to discuss its financial performance for the year ending June 30, 2026, highlighting challenges faced and strategic priorities moving forward.
- The company reported total assets of PKR 286.47M, down from PKR 317.34M in FY25.
- Lease operations income decreased to PKR 19.85M from PKR 22.63M, reflecting a decline of approximately 12.3%.
- Profit before tax fell to PKR 2.47M, while the company incurred a loss after tax of PKR 1.41M compared to a profit of PKR 5.55M in the previous year.
- Key challenges included rising vehicle prices, increased financing costs, and regulatory constraints affecting leasing demand.
- Management is focusing on improving recoveries, controlling costs, and transitioning to a Shariah-compliant operation.
- The company aims to enhance its financial stability and operational efficiency amidst a challenging business environment.