Oct 28, 2026, 2:04 PM
Allawasaya Textile reports first-quarter loss of Rs 49.15 million
Financial ResultAllawasaya Textile and Finishing Mills approved unaudited results for the quarter ended September 30, 2026. Revenue and gross profit fell substantially year over year, and the company swung from a profit to a net loss. The board recommended no cash dividend, bonus shares, or right shares.
Key Findings
- Revenue declined to Rs 894.38 million from Rs 1,367.44 million in the comparable quarter.
- Gross profit fell to Rs 14.98 million from Rs 101.63 million.
- The company reported a net loss of Rs 49.15 million versus a profit of Rs 10.14 million; loss per share was Rs 61.44 versus earnings per share of Rs 12.68.
- Finance cost was Rs 18.66 million, compared with Rs 22.88 million in the prior-year quarter.
- The board recommended no cash dividend, bonus shares, or right shares.
Financial Performance
| Metric | PreviousQuarter ended September 30, 2025 | CurrentQuarter ended September 30, 2026 | Change |
|---|---|---|---|
| Revenue from contracts with customers - net | 1,367,435,291 | 894,383,987 | -34.6% |
| Gross Profit | 101,633,704 | 14,983,247 | -85.3% |
| Profit / (Loss) for the Period | 10,144,954 | (49,148,981) | -584.5% |
| Earnings / (Loss) per share - Basic and diluted | 12.68 | (61.44) | -584.5% |
| Finance cost | (22,876,158) | (18,664,891) | -18.4% |
| Cash & bank balances | 12,031,473 | 977,982 | -91.9% |
| Short term borrowings | 188,182,775 | 223,106,138 | +18.6% |
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.