Mahmood Textile Mills Limited (PSX: MEHT) posted a significant increase in earnings for the nine-month period ended March 31, 2026, reflecting stronger sales and improved operational efficiency despite elevated finance costs.
According to the company’s financial results, net sales rose to Rs39.23 billion during the nine months, compared to Rs36.44 billion in the corresponding period last year. Gross profit increased by nearly 12% to Rs5.38 billion from Rs4.82 billion a year earlier.
Operating profit stood at Rs3.95 billion, up from Rs3.41 billion in the same period of last year, supported by higher gross margins and controlled operating expenses.
The company reported a net profit of Rs617.35 million for the nine months ended March 2026, marking a growth of approximately 37% compared to Rs450.17 million recorded in the corresponding period last year. Earnings per share (EPS) improved to Rs20.58 from Rs15.01.
For the third quarter alone, Mahmood Textile Mills earned Rs192.41 million, compared with Rs165.58 million in the same quarter of the previous year. Quarterly EPS increased to Rs6.41 from Rs5.52.
On a consolidated basis, the group’s net profit after tax reached Rs767.69 million during the nine-month period, compared with Rs553.51 million in the corresponding period last year, while consolidated EPS rose to Rs25.59 from Rs18.45.
The Board of Directors, in its meeting held on April 30, 2026, approved the financial results and announced no cash dividend, bonus issue, right shares, or any other corporate action for shareholders.
The latest results indicate that Mahmood Textile Mills continues to benefit from improved revenue generation and stronger operating performance, helping offset the impact of substantial finance costs faced by the textile sector.
