Prosperity Weaving Mills reports higher FY2026 profit despite lower revenue

Financial Result

Prosperity Weaving Mills’ annual statements for the year ended June 30, 2026 show profit after taxation of Rs 261.7 million, up from Rs 91.1 million, and EPS of Rs 14.16 versus Rs 4.93. Operating profit and gross profit also increased, while revenue declined year over year.

Key Findings

Revenue was Rs 17.54 billion, compared with Rs 18.19 billion in FY2025.
Operating profit rose to Rs 749.72 million from Rs 617.85 million.
Profit after taxation increased to Rs 261.67 million from Rs 91.12 million; EPS rose to Rs 14.16 from Rs 4.93.
Finance cost decreased to Rs 183.31 million from Rs 256.19 million.

Financial Performance

Metric	PreviousYear ended June 30, 2025	CurrentYear ended June 30, 2026	Change
Revenue from contracts with customers	18,191,084,239	17,543,549,274	-3.6%
Gross profit	1,186,197,404	1,310,792,528	+10.5%
Operating profit	617,847,484	749,720,906	+21.3%
Profit after taxation	91,122,541	261,666,384	+187.2%
Earnings per share - basic and diluted	4.93	14.16	+187.2%
Finance cost	(256,188,156)	(183,306,828)	-28.4%
Cash and bank balances	224,636,187	267,723,378	+19.2%
Short term borrowings	1,100,553,395	1,037,645,024	-5.7%

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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.

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Prosperity Weaving Mills reports higher FY2026 profit despite lower revenue

Key Findings

Financial Performance

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