Oct 26, 2026, 12:20 PM
Crescent Jute Products reports a Rs. 1.317 million quarterly loss
Financial ResultCrescent Jute Products Limited reported an unaudited loss after taxation of Rs. 1,317,266 for the quarter ended September 30, 2026, compared with a loss of Rs. 1,474,757 in the corresponding quarter of 2025. The reported income line moved from Rs. 73,760 to a loss of Rs. 51,441, while loss per share remained Rs. 0.06. The balance sheet shows negative equity of Rs. 211.642 million.
Key Findings
- Loss after taxation narrowed by Rs. 157,491 year on year, but the company remained loss-making.
- The income line was Rs. (51,441), compared with Rs. 73,760 in the prior-year quarter.
- Loss per share was Rs. (0.06) in both quarters.
- At September 30, 2026, borrowings were Rs. 110,106,234 and bank balances were Rs. 98,872.
- Total equity was negative Rs. 211,642,343 at September 30, 2026.
Financial Performance
| Metric | PreviousQuarter ended September 30, 2025 | CurrentQuarter ended September 30, 2026 | Change |
|---|---|---|---|
| Income | 73,760 | (51,441) | -169.7% |
| Loss after taxation | (1,474,757) | (1,317,266) | +10.7% |
| Loss per share - basic and diluted | (0.06) | (0.06) | 0% |
| Finance cost | (4,151) | (348) | +91.6% |
| Bank balances | 99,292 | 98,872 | -0.4% |
| Borrowings | 110,106,234 | 110,106,234 | 0% |
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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.