KARACHI: Zahidjee Textile Mills Limited (PSX: ZTML) has announced its financial results for the nine months ended March 31, 2026, reporting a net profit of Rs983.5 million, reflecting a modest improvement from Rs959.5 million recorded during the corresponding period last year. The company’s earnings per share (EPS) increased to Rs5.14, compared with Rs5.01 in the same period of 2025.
The Board of Directors approved the unaudited financial statements at its meeting held on April 25, 2026. The company did not recommend any cash dividend, bonus shares, or right shares for the period under review.
During the first nine months of FY2026, net sales declined to Rs28.75 billion from Rs30.94 billion in the same period last year. Gross profit also eased to Rs1.67 billion from Rs1.72 billion, reflecting continued pressure on the textile sector. However, the company maintained profitability through effective cost management and operational efficiency.
Profit before levies and taxation stood at Rs1.01 billion, while finance costs declined to Rs703.2 million from Rs761.0 million, providing some relief to the bottom line. Other income contributed Rs528.5 million, supporting overall earnings despite lower revenues.
On the balance sheet, Zahidjee Textile Mills reported total net worth of Rs21.88 billion as of March 31, 2026, compared with Rs20.87 billion at the end of June 2025. Cash and bank balances improved to Rs4.75 billion, highlighting a stronger liquidity position during the reporting period.
The company’s financial position reflects resilience amid a challenging operating environment for Pakistan’s textile industry. While sales remained under pressure, improved earnings and a stronger balance sheet indicate that Zahidjee Textile Mills continues to focus on maintaining financial stability and enhancing shareholder value.
