Cordoba Logistics & Ventures : Financial Results for the Quarter Ended March 2024

Cordoba Logistics & Ventures Limited

Unconsolidated Condensed Interim Statement of Profit or Loss

And Other Comprehensive Income (Unaudited)

For the Nine months ended March 31, 2024

		Nine months ended		Quarter ended
		March 31,		March 31,
	Note	2024	2023	2024			2023
				(-------Rupees-------)
Revenue	14	32,758,995	37,021,364	9,619,815			19,577,014
Direct cost	15	(10,606,033)	(11,601,257)	(2,985,544)			(5,685,622)
Gross profit		22,152,962	25,420,107	6,634,272			13,891,392
Administrative expenses		(9,667,014)	(12,219,108)	(1,832,565)			(1,538,068)
Operating profit		12,485,948	13,200,999	4,801,707			12,353,324
Income on disposal of long term investment		-	5,000,000	-			-
Other income	16	17,439,943	5,371,398	6,628,106			538,150
Finance cost	17	(13,833,460)	(2,838)	(4,560,388)			-
Profit before taxation		16,092,430	23,569,559	6,869,424			12,891,474
Taxation	18	(1,940,064)	(4,255,825)	(3,697,650)			(2,191,551)
Profit after taxation
	14,152,366	19,313,734	3,171,774			10,699,923
Other comprehensive income		-	-	-			-
Total comprehensive income		14,152,366		19,313,734		3,171,774			10,699,923
Earning per share - Basic & diluted (Rs.)		0.20	0.27	0.04			0.15

The annexed notes form an integral part of these unconsolidated condensed interim financial statements.

Chief Executive Officer

Chief Financial Officer

Director

Cordoba Logistics & Ventures Limited

Consolidated Condensed Interim Statement of Profit or Loss

And Other Comprehensive Income (Unaudited)

For the Nine months ended March 31, 2024

		Nine months ended		Quarter ended
		March 31,		March 31,
		2024	2023	2024			2023
	Note			(-------Rupees-------)
Revenue	13	258,133,151	37,021,364	93,026,005			19,577,014
Direct cost	14	(106,619,482)	(11,601,257)	(38,307,385)			(5,685,622)
Gross profit		151,513,669	25,420,107	54,718,621			13,891,392
Administrative expenses		(14,229,814)	(12,219,108)	(4,600,490)			(1,538,068)
Operating profit		137,283,855	13,200,999	50,118,131			12,353,324
Share of profit/(loss) from associate		(1,513,922)	-	(1,239,341)			-
Income on disposal of long term investment		-	5,000,000	-			-
Other income	15	5,681,734	5,371,398	2,461,101			538,150
Finance cost	16	(66,657,085)	(2,838)	(25,433,272)			-
Profit before taxation		74,794,581	23,569,559	25,906,618			12,891,474
Taxation		(15,749,495)	(4,255,825)	(10,717,365)			(2,191,551)
Profit after taxation
	59,045,086	19,313,734	15,189,253			10,699,923
Other comprehensive income		-	-	-			-
Total comprehensive income		59,045,086		19,313,734		15,189,253			10,699,923
Earning per share - Basic & diluted (Rs.)		0.82	0.27	0.21			0.15

The annexed notes form an integral part of these consolidated financial statements.

Chief Executive Officer

Chief Financial Officer

Director