Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Discos cut losses by Rs68b in 1Q of FY2025

byCT Report
17/11/2025
in Breaking News, Business, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: Pakistan’s electricity distribution companies (Discos) have reduced their financial losses by Rs68 billion in the first quarter of the current fiscal year, signalling notable progress in curbing theft, incompetence, and revenue shortfalls, according to fresh Power Division data.

According to the Power Division’s official document, total Disco losses from July to September 2025 stood at Rs171 billion, down from Rs249 billion recorded in the same period last year.

You might also like

Google opens office in Pakistan to accelerate nation’s digital economy

18/08/2026

PPL announces gas and condensate discovery in Sindh’s Sujawal

18/08/2026

Officials say the improvement comes from better administrative oversight, stricter enforcement, and targeted anti-theft operations across various distribution zones.

Breakdown of losses: theft and incompetence decline

The document reveals that in the first three months of FY2025, losses due to incompetence and power theft amounted to Rs87 billion. This marks a significant decrease compared to Rs113 billion in the same quarter last year.

Losses due to poor electricity bill collections were recorded at Rs84 billion, down from Rs126 billion during July–September 2024.

Combined, these figures illustrate progress in two of the most problematic areas for Discos: operational inefficiency and weak revenue recovery.

Full-year comparison shows broader improvement

The Power Division document also highlights year-on-year improvements on an annual scale.

Total losses for FY2024–25 dropped to Rs397 billion

Total losses for FY2023–24 were significantly higher at Rs591 billion

This indicates a reduction of nearly Rs194 billion in annual losses — a positive indicator for the energy sector’s financial health and a possible relief for future tariff pressures.

Related Stories

Google opens office in Pakistan to accelerate nation’s digital economy

byCT Report
18/08/2026

ISLAMABAD: Prime Minister Shehbaz Sharif today officially inaugurated Google’s office in Pakistan, marking a major milestone for the nation’s rapidly...

PPL announces gas and condensate discovery in Sindh’s Sujawal

byCT Report
18/08/2026

ISLAMABAD: The state-owned Pakistan Petroleum Limited (PPL) announced a “pioneering” gas and condensate discovery from its operated exploratory well, Dolphin...

FBR holds ceremony to honour officers nominated for national civil awards

byCT Report
18/08/2026

ISLAMABAD: The Federal Board of Revenue (FBR) held an in-house ceremony at its headquarters to acknowledge the outstanding contributions of...

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

byCT Report
18/08/2026

KARACHI: Pakistan’s primary equity market extended its most active stretch in years Tuesday, as the Securities and Exchange Commission of...

Next Post

FBR notifies new SOP for container X-ray scanning in Pakistan

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.