Apr 30, 2026, 8:00 AM
GATM reports quarterly loss for period ended 2026-03-31; no dividend or other corporate action announced
Financial ResultGul Ahmed Textile Mills Limited announced its financial results for the quarter and nine months ended March 31, 2026. For the quarter, the company reported a consolidated loss after tax of Rs. 168,906 thousand versus profit after tax of Rs. 1,304,831 thousand in the same quarter last year, with EPS of Rs. (0.23) versus Rs. 1.76. The board meeting was held on April 29, 2026, and the company announced nil cash dividend, nil bonus shares, nil right shares, and no other corporate action.
Key Findings
- Quarterly consolidated profit after tax turned to a loss of Rs. 168,906 thousand from profit of Rs. 1,304,831 thousand year-on-year.
- Quarterly consolidated EPS declined to Rs. (0.23) from Rs. 1.76.
- Quarterly consolidated operating profit fell to Rs. 1,763,666 thousand from Rs. 4,049,970 thousand.
- Quarterly consolidated finance cost was Rs. 1,373,297 thousand versus Rs. 1,899,814 thousand in the comparable quarter.
- Board recommended no cash dividend, no bonus shares, and no right shares.
Financial Performance
| Metric | PreviousQuarter ended March 31, 2025 | CurrentQuarter ended March 31, 2026 | Change |
|---|---|---|---|
| Operating profit | 4,049,970 | 1,763,666 | -56.5% |
| Finance cost | 1,899,814 | 1,373,297 | -27.7% |
| Profit after taxation | 1,304,831 | (168,906) | - |
| Earnings per share - basic and diluted | 1.76 | (0.23) | - |
| Cash and bank balances | 779,405 | 1,463,790 | +87.8% |
| Short term borrowings | 56,082,057 | 44,909,397 | -19.9% |
| Cash dividend | - | NIL | - |
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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.