KARACHI: Mubarak Textile Mills Limited has reported a net loss of Rs1.172 million for the nine months ended March 31, 2026, compared with a loss of Rs905,916 in the corresponding period last year, reflecting continued operational challenges.
According to the financial results approved by the company’s Board of Directors on April 28, 2026, the company did not record any processing income or cost of sales during the reporting period. Administrative and general expenses increased to Rs7.53 million, up from Rs6.79 million a year earlier, resulting in an operating loss of Rs7.53 million.
Other income of Rs7.49 million helped offset most of the operating loss. However, after accounting for financial charges and taxation, the company posted a loss after tax of Rs1.172 million, compared with Rs905,916 in the same period last year. Earnings per share (EPS) stood at negative Rs0.22, versus negative Rs0.17 in the corresponding period of the previous year.
On a quarterly basis, Mubarak Textile Mills reported a profit after tax of Rs493,336 for the quarter ended March 31, 2026, compared with a loss of Rs173,547 in the same quarter last year, indicating an improvement in quarterly performance despite the cumulative nine-month loss.
The company’s financial position remained relatively stable, with total assets of Rs271.74 million as of March 31, 2026, compared with Rs275.15 million at the end of June 2025. Shareholders’ equity stood at Rs218.38 million, while cash and bank balances were reported at Rs747,194.
Meanwhile, the Board of Directors announced no cash dividend, bonus shares, or right shares for the period under review.
