Masood Textile Mills Limited (PSX: MSOT) has posted a strong financial turnaround for the nine months ended March 31, 2026, reporting a net profit after tax of Rs603.46 million, compared to a loss of Rs318.51 million recorded during the corresponding period last year. The results were approved by the company’s Board of Directors in its meeting held on April 30, 2026.
The company’s revenue for the nine-month period stood at Rs36.49 billion, down from Rs44.59 billion in the same period of the previous year. Despite lower sales, Masood Textile significantly improved profitability through better cost management and operational efficiency. Gross profit reached Rs6.43 billion, only slightly lower than Rs6.69 billion a year earlier, reflecting an improvement in gross margins.
Profit before levy and taxation surged to Rs934.02 million, more than three times the Rs266.49 million reported in the comparable period last year. After accounting for levy and taxation, the company recorded earnings per share (EPS) of Rs8.54, a notable recovery from the loss per share of Rs5.31 reported in the same period of FY2025.
For the third quarter ended March 31, 2026, Masood Textile posted a net profit of Rs196.01 million, compared with Rs337.45 million in the corresponding quarter last year. Quarterly revenue declined to Rs11.91 billion from Rs15.81 billion, reflecting continued pressure on sales despite the company’s improved overall profitability for the nine-month period.
The Board did not announce any cash dividend, bonus shares, right shares, or other corporate actions alongside the financial results.
The latest results indicate that Masood Textile has successfully restored profitability despite a challenging operating environment marked by lower revenues. Improved expense control, reduced finance costs, and stronger operational performance have enabled the company to return to the black, positioning it on a firmer financial footing as it enters the final quarter of FY2026.