Aruj Industries Limited

Business Recorder reported that Aruj Industries Limited (PSX: ARUJ) recorded no sales in 9MFY26, after its operations were put on hold. The company posted a gross loss of Rs16.182 million in the period, 23.64 percent narrower than a year earlier. Its net loss stood at Rs21.86 million, down 28 percent year-on-year, with loss per share of Rs2.09 against Rs2.91 previously.

The company makes fusible interlining and carries out dyeing, bleaching and stitching of fabric, and it has been unable to pay its outstanding liabilities after sustained losses. Administrative expense fell 28 percent as operations were curtailed and the workforce was rationalised, while no finance cost was booked in the period. Current liabilities exceeded current assets by Rs412.96 million as of March 31, 2026, and accumulated losses reached Rs437.93 million.

The founder, Maqsood Ahmed Butt, planned to put in funds during FY26 to address the financial constraints. Owing to geopolitical tensions, the planned injection has now been pushed back to the first quarter of FY27, while the doubts over the company's going concern status remain significant.