KARACHI: Zahidjee Textile Mills Limited has announced its financial results for the nine months ended March 31, 2026, reporting a net profit of Rs983.51 million, reflecting a modest increase from Rs959.53 million recorded during the corresponding period last year. The company’s board also announced that it has not recommended any cash dividend, bonus shares, or right shares for shareholders.
During the nine-month period, the textile manufacturer posted net sales of Rs28.75 billion, compared to Rs30.94 billion in the same period of the previous year. Despite the decline in revenue, the company maintained healthy profitability through cost management and operational efficiency. Gross profit stood at Rs1.67 billion, while profit before taxation reached Rs937.97 million.
On a quarterly basis, Zahidjee Textile Mills recorded sales of Rs10.77 billion for the quarter ended March 31, 2026, generating a net profit of Rs302.06 million, slightly higher than Rs274.14 million earned in the corresponding quarter last year. Earnings per share (EPS) for the nine-month period improved to Rs5.14, compared with Rs5.01 a year earlier.
The company’s financial position remained strong, with total assets increasing to approximately Rs36.96 billion as of March 31, 2026, while shareholders’ equity rose to Rs21.88 billion, indicating continued financial stability despite challenging conditions in the textile sector.
Zahidjee Textile Mills also maintained a healthy liquidity position, reporting cash and bank balances of Rs4.07 billion at the balance sheet date. Meanwhile, long-term financing increased to Rs2.48 billion, reflecting ongoing investment and financing activities.
The company stated that its detailed quarterly financial statements for the period ended March 31, 2026, have been approved by the Board of Directors and will be transmitted through the relevant regulatory platform.
