Lahore, April 29, 2026 – Suraj Cotton Mills Limited (PSX: SURC) has announced its un-audited financial results for the nine months ended March 31, 2026, reporting a strong increase in profitability driven by higher sales and improved operating performance. The company’s Board of Directors approved the financial statements during its meeting held on April 28, 2026, while deciding not to announce any cash dividend, bonus shares, right shares, or any other corporate action.
The textile manufacturer posted revenue of Rs21.94 billion during the nine-month period, compared with Rs21.20 billion recorded in the corresponding period last year. Improved sales, combined with stronger gross margins, lifted gross profit to Rs2.08 billion, up from Rs1.63 billion a year earlier.
Profit after tax rose significantly to Rs1.11 billion, representing an increase of nearly 38% from Rs807.19 million in the same period last year. Consequently, earnings per share (EPS) increased to Rs22.78, compared with Rs16.54 in the corresponding period of FY2025.
For the quarter ended March 31, 2026, the company generated revenue of Rs7.90 billion, while quarterly profit after tax reached Rs286.55 million, up from Rs267.77 million in the same quarter last year. Quarterly EPS improved to Rs5.87, compared with Rs5.49 previously.
Suraj Cotton Mills also strengthened its financial position during the reporting period. Total equity increased to Rs14.54 billion from Rs13.55 billion at the end of June 2025, while long-term financing declined, reflecting continued balance sheet improvement. Cash and bank balances also increased to Rs257.89 million, supported by robust operating cash flows of Rs3.36 billion during the nine-month period.
Despite the healthy earnings growth, the Board opted to maintain a conservative capital allocation policy by recommending no interim cash dividend or other corporate entitlement for shareholders.
The latest results highlight Suraj Cotton Mills’ resilience amid a challenging operating environment, with stronger profitability, improved margins, and healthy cash generation positioning the company well for the remainder of the financial year.
