KARACHI: Ali Asghar Textile Mills Limited (AATML) delivered a strong financial performance for the nine months ended March 31, 2026, reporting a significant increase in profitability driven by robust growth in its logistics business, improved investment returns, and contributions from its renewable energy operations.
According to the company’s quarterly financial statements, revenue from its logistics and warehousing operations climbed to PKR 77.5 million, reflecting a 42.7% year-on-year increase. The company attributed the growth to higher warehouse occupancy, greater customer demand, and disciplined cost management, which helped strengthen operating margins.
Gross profit rose sharply to PKR 46.0 million, up 74.0% compared to the corresponding period last year. Despite a modest decline in administrative expenses, higher finance income and investment gains played a key role in boosting the company’s overall earnings. Profit before tax increased 87.0% to PKR 193.2 million, while profit after tax surged 160.6% to PKR 241.0 million. Earnings per share (EPS) improved to PKR 5.43, compared with PKR 2.08 in the same period last year.
The company’s balance sheet also strengthened during the period. Total assets expanded to approximately PKR 3.48 billion, supported by higher investment values and improved cash balances. Shareholders’ equity increased to PKR 2.76 billion, reflecting retained earnings and gains from the investment portfolio.
Management highlighted that the company’s solar energy subsidiary, Fazal Solar Energy (Private) Limited, continued to generate stable electricity while ensuring uninterrupted power supply to operations. The logistics business also maintained strong occupancy levels, benefiting from sustained customer demand and operational efficiency.
The directors noted that investment income remained another major contributor to profitability, supported by improved performance of the Pakistan Stock Exchange and disciplined portfolio management. Finance costs declined during the period, further supporting bottom-line growth.
Looking ahead, the company expressed optimism about maintaining growth momentum. Management believes continued demand for logistics and warehousing services, along with stable solar operations and prudent investment management, will support future performance. The company also indicated it will continue monitoring macroeconomic developments and potential investment opportunities while focusing on enhancing shareholder value.
