D.M. Corporation Limited (formerly D.M. Textile Mills Limited) reported a strong turnaround in its financial results for the nine months ended March 31, 2026, posting a net profit after tax of Rs69.14 million compared to a loss of Rs12.39 million recorded in the corresponding period last year.
According to the company’s condensed interim financial statements submitted to the Pakistan Stock Exchange (PSX), revenue for the nine-month period stood at Rs117.84 million. Cost of revenue amounted to Rs77.87 million, resulting in a gross profit of Rs39.96 million. The company also recorded other income of Rs45.73 million, which significantly supported profitability during the period.
Profit from operations reached Rs79.27 million, compared with an operating loss of Rs9.49 million in the same period last year. Earnings per share (EPS) improved to Rs22.65, compared with a loss per share of Rs4.06 a year earlier.
For the third quarter ended March 31, 2026, D.M. Corporation posted a profit after tax of Rs73.53 million, reversing a loss of Rs3.92 million reported during the corresponding quarter of the previous year. Quarterly EPS stood at Rs24.09 against a loss per share of Rs1.78 in the same quarter last year.
The company’s financial position remained stable, with total assets amounting to Rs879.37 million as of March 31, 2026, compared with Rs810.59 million at the end of June 2025. Total equity improved to Rs782.35 million from Rs713.26 million, reflecting the impact of the profit earned during the period.
The Board of Directors did not recommend any cash dividend, bonus shares, right shares, or any other corporate action along with the financial results.
The latest results highlight a significant recovery in the company’s financial performance, supported by stronger operational profitability and higher other income, marking a return to profitability after losses recorded in the previous year.