Karachi: Premium Textile Mills Limited has announced its unaudited financial results for the nine-month period ended March 31, 2026, reporting a profit after tax of PKR 303.13 million, compared with PKR 388.52 million recorded during the same period last year, reflecting a year-on-year decline of approximately 22%.
According to the financial statements approved by the company’s Board of Directors on April 30, 2026, net sales for the nine-month period stood at PKR 17.70 billion, down from PKR 22.70 billion in the corresponding period of 2025. The decline in revenue also impacted gross profitability, with gross profit falling to PKR 2.54 billion from PKR 3.16 billion a year earlier.
The company posted an operating profit of PKR 1.70 billion, compared to PKR 2.35 billion in the same period last year. Meanwhile, finance costs declined significantly to PKR 1.17 billion from PKR 1.84 billion, providing some relief to the bottom line amid weaker sales.
For the third quarter alone, Premium Textile Mills earned a profit after tax of PKR 205.23 million, a substantial improvement over the PKR 1.22 million reported in the corresponding quarter of the previous year. Quarterly earnings per share (EPS) increased to PKR 33.30, compared with PKR 0.20 in the same quarter last year.
For the nine-month period, earnings per share (EPS) stood at PKR 49.19, compared with PKR 63.04 in the corresponding period of FY2025.
The Board of Directors did not recommend any cash dividend, bonus shares, right issue, or any other corporate action along with the financial results.
As of March 31, 2026, the company’s total assets increased to PKR 29.72 billion, while total equity improved to PKR 9.04 billion, reflecting continued strengthening of its balance sheet despite a challenging operating environment.
