Apr 30, 2026, 1:09 PM
NSRM reports higher quarterly profit for quarter ended March 31, 2026 despite lower revenue
Financial ResultThe National Silk and Rayon Mills Limited announced unaudited financial results for the quarter ended March 31, 2026. Quarterly revenue declined year-on-year, but gross profit, operating profit, net profit, and EPS improved versus the comparable quarter last year.
Key Findings
- Quarterly revenue fell to Rs 589.46 million from Rs 739.09 million year-on-year.
- Quarterly gross profit rose to Rs 44.15 million from Rs 32.50 million.
- Quarterly operating profit increased to Rs 28.47 million from Rs 18.06 million.
- Quarterly net profit improved to Rs 18.01 million from Rs 8.31 million.
- Quarterly EPS increased to Rs 1.16 from Rs 0.53 per share.
Financial Performance
| Metric | PreviousQuarter ended March 31, 2025 | CurrentQuarter ended March 31, 2026 | Change |
|---|---|---|---|
| Revenue From Contracts With Customers | 739,088,917 | 589,459,591 | -20.2% |
| Gross profit | 32,498,416 | 44,145,437 | +35.8% |
| Profit / (Loss) From Operations | 18,059,730 | 28,474,592 | +57.7% |
| Profit / (Loss) for the period | 8,313,141 | 18,011,685 | +116.7% |
| Earnings / (Loss) per share - Basic and Diluted | 0.53 | 1.16 | +118.9% |
| Finance cost | 231,291 | 2,824,040 | +1,120.7% |
| Cash and bank balances | 89,615,052 | 11,231,531 | -87.5% |
| Short term borrowings | 49,677,158 | 49,987,158 | +0.6% |
⚡
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.