Crescent Cotton Mills reports FY2026 results; continuing-operations profit rises, no dividend recommended

Key Findings

• Revenue was broadly flat at Rs 5,577.854 million, while gross profit declined to Rs 396.631 million from Rs 431.921 million.
• Profit from continuing operations before finance cost increased to Rs 217.892 million from Rs 161.978 million; continuing-operations profit after tax rose to Rs 55.269 million from Rs 6.489 million.
• Total profit after tax was Rs 55.269 million versus Rs 60.710 million, and total basic and diluted EPS was Rs 2.44 versus Rs 2.68; the prior year included Rs 54.221 million profit from discontinued operations.
• The board recommended NIL cash dividend, bonus shares, rights shares, and other entitlement/corporate action.
• The AGM is scheduled for October 28, 2026; share transfer books will be closed from October 21 to October 28, 2026, inclusive.

Financial Performance