Prosperity Weaving Mills reports higher quarterly profit and EPS
Financial ResultProsperity Weaving Mills reported results for the quarter ended September 30, 2026. Revenue, operating profit, profit after taxation and EPS increased year over year, while gross profit declined and finance costs rose.
Key Findings
- Revenue increased to Rs. 4,735.2 million from Rs. 4,681.6 million for the quarter ended September 30, 2025.
- Profit after taxation rose to Rs. 63.0 million from Rs. 46.2 million, and EPS increased to Rs. 3.41 from Rs. 2.50.
- Operating profit edged higher, while gross profit declined and finance costs increased.
- At September 30, 2026, cash and bank balances were Rs. 58.1 million; short-term borrowings were Rs. 1,703.9 million.
Financial Performance
| Metric | PreviousQuarter ended September 30, 2025 | CurrentQuarter ended September 30, 2026 | Change |
|---|---|---|---|
| Revenue from contracts with customers | 4,681,614,220 | 4,735,231,238 | +1.1% |
| Gross profit | 316,424,391 | 310,421,150 | -1.9% |
| Operating profit | 175,439,761 | 177,430,935 | +1.1% |
| Profit after taxation | 46,182,903 | 62,965,031 | +36.3% |
| Earnings per share - basic and diluted | 2.50 | 3.41 | +36.4% |
| Finance cost | (44,271,444) | (61,667,035) | +39.3% |
| Cash and bank balances | 267,723,378 | 58,054,183 | -78.3% |
| Short term borrowings | 1,037,645,024 | 1,703,931,721 | +64.2% |
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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.
