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ADMMArtistic Denim Mills LtdArtistic Denim Mills Limited announced unaudited financial results for the nine months ended March 31, 2026. Net turnover fell to Rs. 10.36 billion from Rs. 13.92 billion, operating profit declined to Rs. 287.6 million from Rs. 473.4 million, and net loss widened to Rs. 432.3 million from Rs. 222.4 million. Finance costs increased, cash balances declined, and the board recommended no cash dividend, bonus shares, right shares, or other entitlement.
| Metric | PreviousNine months ended March 31, 2025 | CurrentNine months ended March 31, 2026 | Change |
|---|---|---|---|
| Turnover - net | 13,922,116 | 10,362,822 | -25.6% |
| Gross profit | 930,316 | 761,461 | -18.2% |
| Operating profit | 473,403 | 287,566 | -39.3% |
| Net loss for the period | (222,400) | (432,342) | - |
| Loss per share - basic and diluted | (2.65) | (5.15) | - |
| Finance costs | 512,509 | 613,667 | +19.7% |
| Cash and bank balances | 595,922 | 451,815 | -24.2% |
| Short-term borrowings | 10,321,791 | 8,925,022 | -13.5% |
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
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