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Redco Textiles Limited reported FY2026 revenue of Rs. 1.796 billion, broadly unchanged year on year, but operating profit declined to Rs. 107.6 million from Rs. 208.0 million and profit for the year fell to Rs. 5.6 million from Rs. 175.6 million. EPS decreased to Rs. 0.113 from Rs. 3.563. The company recommended no cash dividend, bonus shares or rights shares.
| Metric | PreviousYear ended June 30, 2025 | CurrentYear ended June 30, 2026 | Change |
|---|---|---|---|
| Sales - Net | 1,800,495,432 | 1,795,992,686 | -0.3% |
| Gross Profit | 259,152,594 | 259,877,293 | +0.3% |
| Operating Profit | 207,978,571 | 107,583,230 | -48.3% |
| Profit for the year | 175,631,436 | 5,568,286 | -96.8% |
| Earnings per share - basic and diluted | 3.563 | 0.113 | -96.8% |
| Finance cost | (2,845,934) | (2,657,357) | +6.6% |
| Cash and bank balances | 198,565,321 | 263,028,632 | +32.5% |
| Short term borrowings from associated undertakings | 972,029,614 | 967,362,899 | -0.5% |
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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