Quetta Textile Mills reports narrower annual losses for the year ended June 30, 2026
Financial ResultQuetta Textile Mills remained loss-making, reporting a net loss of Rs. 867.9 million and a loss per share of Rs. 66.76 for the year ended June 30, 2026. Revenue increased year over year, while losses from operations, after taxation and per share all narrowed substantially.
Key Findings
- Revenue rose to Rs. 1.476 billion from Rs. 1.065 billion.
- Loss from operations narrowed to Rs. 846.2 million from Rs. 1.616 billion.
- Net loss after taxation narrowed to Rs. 867.9 million from Rs. 1.637 billion.
- Loss per share narrowed to Rs. 66.76 from Rs. 125.90.
- Cash and bank balances were Rs. 9.91 million as at June 30, 2026.
Financial Performance
| Metric | PreviousYear ended June 30, 2025 | CurrentYear ended June 30, 2026 | Change |
|---|---|---|---|
| Sales | 1,064,980,446 | 1,476,182,783 | +38.6% |
| Gross (Loss) | (1,207,811,364) | (826,692,329) | +31.6% |
| (Loss) from operations | (1,616,276,583) | (846,151,693) | +47.6% |
| (Loss) after taxation | (1,636,746,916) | (867,892,578) | +47% |
| Earnings per share - basic and diluted | (125.90) | (66.76) | +47% |
| Finance cost | (7,082,708) | (3,288,788) | -53.6% |
| Cash and bank balances | 8,354,836 | 9,910,713 | +18.6% |
| Short term borrowings | 1,743,068,909 | 1,730,801,025 | -0.7% |
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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.
