Bannu Woollen Mills Limited (BWML) has reported a profit after taxation of Rs94.26 million for the nine-month period ended March 31, 2026, according to its financial statements submitted to the Pakistan Stock Exchange.

The company’s nine-month results show a notable improvement in profitability compared with the same period last year, when profit after taxation stood at Rs86.94 million. Earnings per share also increased to Rs9.92, compared with Rs9.15 in the corresponding period of 2025.

Revenue and Profitability

Bannu Woollen Mills recorded net sales of Rs1.275 billion during the nine months ended March 31, 2026, up from Rs942.55 million in the same period of the previous year. The company reported gross profit of Rs344.48 million, compared with Rs233.04 million a year earlier.

Operating profit also increased significantly to Rs185.67 million, compared with Rs101.36 million in the corresponding period of 2025. Finance costs, however, remained a notable expense at Rs37.09 million, although this was lower than Rs56.73 million recorded during the same period last year.

The company reported profit before taxation of Rs115.61 million, while profit after taxation reached Rs94.26 million. The financial statements also show that Bannu Woollen Mills recognized other comprehensive income during the period, primarily related to the revaluation of property, plant and equipment.

Stronger Financial Position

The company’s balance sheet indicates that total assets stood at approximately Rs4.11 billion as of March 31, 2026, compared with Rs3.85 billion at June 30, 2025.

Shareholders’ equity increased to approximately Rs3.35 billion, compared with Rs3.03 billion at the end of June 2025. The increase included the period’s profit as well as changes related to the revaluation surplus on property, plant and equipment.

Operating Cash Flow Remains Positive

Bannu Woollen Mills generated Rs272.23 million in net cash from operating activities during the nine-month period, compared with Rs200.30 million in the corresponding period of 2025.

The company also invested Rs80.73 million in fixed capital expenditure during the period. Financing activities resulted in a net cash outflow of approximately Rs147.92 million. Despite these movements, cash and cash equivalents increased from Rs3.24 million at the beginning of the period to Rs47.40 million at March 31, 2026.

No Dividend or Other Corporate Action

In its communication to the Pakistan Stock Exchange, the company stated that the Board of Directors recommended no cash dividend, bonus shares or right shares for the period. The company also reported no other entitlement, corporate action or price-sensitive information in the filing.

The Board meeting was held on April 14, 2026, at Gammon House, Rawalpindi, where the financial results were considered.

Conclusion

Bannu Woollen Mills’ nine-month financial results reflect higher sales and improved operating profitability compared with the same period last year. The company’s profit after tax rose to Rs94.26 million, while operating cash generation also strengthened. At the same time, the financial statements show continued finance costs and significant investment in fixed assets.

Overall, the results provide a detailed picture of the company’s financial performance for the nine months ended March 31, 2026, with the full nine-month report submitted separately through PUCARS.