Oct 12, 2026, 11:46 AM
Gulshan Spinning Mills reports FY2026 after-tax loss of Rs 44.39 million
Financial ResultGulshan Spinning Mills Limited’s annual report for the year ended June 30, 2026 reports a loss after taxation of Rs 44,388,776, compared with Rs 8,025,049 in FY2025. EPS was a loss of Rs 2.00 versus Rs 0.36 previously. The company reported no sales in either year and said its court-sanctioned Scheme of Arrangement is being implemented to restructure and settle liabilities with financial institutions.
Key Findings
- Loss after taxation widened to Rs 44,388,776 from Rs 8,025,049 in FY2025.
- EPS loss increased to Rs 2.00 from Rs 0.36.
- Sales and cost of goods sold are shown as dashes for both years.
- The board did not recommend a dividend for FY2026.
- The company says the Scheme of Arrangement is being implemented; it expects pending bank litigation to be withdrawn under the scheme.
Financial Performance
| Metric | PreviousYear ended June 30, 2025 | CurrentYear ended June 30, 2026 | Change |
|---|---|---|---|
| Financial cost | (10,220) | (1,62,229) | -1,487.4% |
| Loss after taxation | (8,025,049) | (44,388,776) | -453.1% |
| Earnings/(Loss) per share | Rs. (0.36) | Rs. (2.00) | -455.6% |
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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.