KE’s financial results for Q1 FY 23 showed a considerable decline owing to the impact of multiple macroeconomic and geopolitical factors. The company reported losses per share of Rs. 0.59 in Q1 FY23 compared to earnings per share of Rs. 0.11 for same period last fiscal. Gross profitability also decreased while the units dispatched to Karachi shrank by 8.9%. EBITDA decreased from Rs. 11.8 billion to a loss of Rs. 2.6 billion.