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

FTO makes online hearings default for tax complaints

22/07/2026

Pakistan Customs orders KICT to clear container backlog within a week

22/07/2026

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

FTO makes online hearings default for tax complaints

byCT Report
22/07/2026

LAHORE: The Federal Tax Ombudsman (FTO) has made online hearings the default mode for resolving tax complaints at its headquarters...

Pakistan Customs orders KICT to clear container backlog within a week

byCT Report
22/07/2026

Pakistan Customs has ordered officials to clear the backlog of import and export containers at the Karachi International Container Terminal...

Pakistan’s cotton output falls to less than half of peak level: OICCI report

byCT Report
22/07/2026

KARACHI: Pakistan's cotton production has dropped to less than half of its historic peak, causing the country an estimated annual...

Pakistan, Iran discuss trade, economic cooperation and connectivity

byCT Report
22/07/2026

ISLAMABAD: Iran's Deputy Minister of Transport Mehran Ghorbani and Deputy Minister of Interior for Economic Affairs Mehdi Dousti met Minister...

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.