The Pakistan Stock Exchange (PSX) has reported a substantial 48% surge in profit for the fiscal year 2024-25, reflecting the positive impact of strong trading activity and rising investor participation in the country’s capital market. The results mark one of the most robust performances by the exchange in recent years, signaling renewed optimism in Pakistan’s financial sector.
According to consolidated financial statements released for the year ending June 30, 2025, PSX posted a profit of Rs1.52 billion compared to Rs1.03 billion in the previous fiscal year. The increase highlights not only improved market activity but also a consistent focus on operational efficiency that has supported overall profitability.
Revenues for the exchange climbed to Rs2.46 billion during the period under review, a notable improvement from Rs2.12 billion recorded a year earlier. A key driver of this growth was income from exchange operations, which rose significantly to Rs1.42 billion compared to Rs1.02 billion in FY24. Analysts believe that this strong performance reflects growing investor engagement and a healthy flow of trading activity across listed companies.
While revenues increased, PSX also experienced a moderate rise in operating costs. Administrative expenses grew slightly to Rs2.06 billion in FY25 from Rs2 billion in FY24, largely due to inflationary pressures and expanded operational needs. However, despite these higher expenses, profitability remained strong thanks to robust revenue streams. One notable factor was the rise in income tax obligations, which jumped to Rs230 million from Rs63 million in the prior year, underscoring the significant increase in taxable earnings.
To further strengthen shareholder confidence, the board of PSX approved a final cash dividend of Rs1.7 per share, equivalent to 17%. Market experts view this as a positive signal, reinforcing the exchange’s commitment to rewarding its investors and maintaining transparency in its financial practices.
Analysts note that the PSX’s performance is closely tied to broader economic recovery trends, with improved macroeconomic stability and investor confidence playing crucial roles in boosting trading volumes. The exchange’s ability to deliver consistent profit growth in this environment reflects both the resilience of Pakistan’s capital markets and the growing interest from local and institutional investors.
Looking ahead, market watchers believe that the PSX is well-positioned to sustain its upward momentum in the coming fiscal year. Continued economic recovery, supported by reforms and greater digitalization of financial services, is expected to drive further growth. For the exchange, the focus remains on enhancing efficiency, expanding market participation, and supporting capital market development as a cornerstone of Pakistan’s economic progress.
The strong financial results not only highlight the resilience of PSX but also underline its role as a central player in Pakistan’s investment landscape. As the exchange builds on its recent success, it is likely to attract even greater participation from investors seeking opportunities in the country’s evolving capital market.
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