Ahmad Hassan Textile Mills Limited has announced its un-audited financial results for the nine-month period ended March 31, 2026, reporting a notable increase in profitability despite a decline in revenue. The company’s Board of Directors approved the financial statements during its meeting held on April 28, 2026. No cash dividend, bonus shares, right shares, or any other corporate action were announced alongside the results.

During the nine-month period, the company generated revenue from contracts of Rs. 3.999 billion, compared to Rs. 4.430 billion in the corresponding period last year, reflecting a decline of nearly 9.7%. Gross profit also eased to Rs. 303.3 million from Rs. 339.7 million, mainly due to lower sales.

Despite softer revenue, Ahmad Hassan Textile Mills significantly improved its bottom line by reducing finance costs. Finance expenses dropped to Rs. 74.7 million from Rs. 133.1 million in the same period last year, helping the company lift profit before taxation to Rs. 127.4 million, compared with Rs. 113.7 million previously.

After accounting for taxation of Rs. 52.7 million, the company posted a profit after tax of Rs. 74.7 million, representing an increase of approximately 21% from Rs. 61.7 million recorded in the corresponding period of the previous year. Earnings per share (EPS) also improved to Rs. 8.81, up from Rs. 7.28 a year earlier.

The company’s financial position remained stable. Total assets increased to Rs. 4.715 billion as of March 31, 2026, from Rs. 4.456 billion at the end of June 2025. Shareholders’ equity also strengthened, reaching Rs. 2.455 billion, supported by higher retained earnings generated during the reporting period.

Cash flow from operations, however, turned negative during the period due to increased working capital requirements and higher finance and tax payments. Nevertheless, financing activities generated positive cash inflows, allowing the company to end the period with cash and cash equivalents of Rs. 28.8 million, higher than the balance at the beginning of the financial year.

The latest results indicate that while Ahmad Hassan Textile Mills continues to face challenges from lower sales, its improved cost management—particularly the sharp reduction in finance costs—has strengthened profitability. Going forward, sustained revenue growth and operational efficiency will be key factors in maintaining this positive earnings momentum.