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REDCORedco Textiles LtdRedco Textiles Limited announced its financial results for the quarter ended March 31, 2026. Using the matching quarter columns in the statement of profit or loss, net sales increased year-on-year and gross profit improved materially, but net profit and EPS were slightly lower than the comparable quarter. The board recommended no cash dividend, bonus shares, right shares, or other entitlement.
| Metric | PreviousQuarter Ended March 31, 2025 | CurrentQuarter Ended March 31, 2026 | Change |
|---|---|---|---|
| Sales - net | 488,852,512 | 534,854,877 | +9.4% |
| Gross profit | 9,736,837 | 64,686,626 | +564.1% |
| Operating profit | 1,923,482 | 46,193,896 | +2,301.6% |
| Profit for the period | 41,166,530 | 39,729,936 | -3.5% |
| Earnings per share - basic and diluted | 0.835 | 0.806 | -3.5% |
| Finance cost | 1,272,532 | 78,951 | -93.8% |
| Cash and bank balances | 198,565,321 | 405,712,623 | +104.3% |
| Short term borrowings from associated undertakings | 972,029,614 | 969,585,027 | -0.3% |
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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