Oct 28, 2026, 8:45 AM
Dewan Farooque Spinning Mills reports a smaller quarterly loss despite lower revenue
Financial ResultFor the quarter ended September 30, 2026, DFSM reported net loss after tax of Rs. 43.62 million, compared with Rs. 58.43 million a year earlier. Revenue declined to Rs. 55.82 million from Rs. 70.54 million, while operating loss and loss per share narrowed.
Key Findings
- Net loss after taxation narrowed to Rs. 43.62 million from Rs. 58.43 million year on year.
- Revenue declined to Rs. 55.82 million from Rs. 70.54 million.
- Operating loss narrowed to Rs. 68.41 million from Rs. 72.38 million, and loss per share improved to Rs. 0.45 from Rs. 0.60.
- 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 |
|---|---|---|---|
| Sales / Revenue - Net | 70,540,150 | 55,818,715 | -20.9% |
| Gross (loss) | (64,304,311) | (58,120,653) | +9.6% |
| Operating (loss) | (72,375,352) | (68,414,898) | +5.5% |
| (Loss) after taxation | (58,426,441) | (43,620,772) | +25.3% |
| (Loss) per share - basic and diluted | (0.60) | (0.45) | +25% |
| Bank charges | (12,089) | (33,100) | -173.8% |
| Cash and bank balances | 3,231,683 | 3,597,338 | +11.3% |
| Short term borrowings | 467,864,219 | 465,955,401 | -0.4% |
⚡
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.