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IDRTIdrees Textile Mills LtdIdrees Textile Mills Limited announced financial results for the quarter ended March 31, 2026. Using the quarter columns from the unconsolidated statement, revenue fell year-on-year while gross profit and operating profit also declined. The company remained loss-making, but the quarterly net loss improved versus the same quarter last year. Balance-sheet data shows higher cash balances but also materially higher short-term borrowings versus June 30, 2025.
| Metric | PreviousQuarter ended March 31, 2025 | CurrentQuarter ended March 31, 2026 | Change |
|---|---|---|---|
| Revenue from contract with customer - net | 1,392,229,278 | 930,120,814 | -33.2% |
| Gross profit | 119,508,170 | 66,639,056 | -44.2% |
| Operating profit before finance cost and other operating expenses | 77,170,706 | 36,970,541 | -52.1% |
| Finance cost | 104,647,799 | 94,810,065 | -9.4% |
| Loss for the period | (49,077,052) | (35,766,904) | +27.1% |
| Earnings per share - basic and diluted | (2.47) | (1.80) | +27.1% |
| Cash and bank balances | 88,970,607 | 150,614,062 | +69.3% |
| Short term borrowings | 2,062,819,156 | 3,107,941,588 | +50.7% |
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
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