Artistic Denim Mills Limited has released its quarterly report for the period ended September 30, 2026, showcasing a significant turnaround in profitability despite a decline in sales.
- Net sales for the quarter were PKR 4,105M, down from PKR 4,298M in the same period last year.
- Gross profit improved to PKR 410.27M, up from PKR 267.39M, reflecting enhanced operational efficiencies.
- The company achieved a net profit of PKR 1.25M, a recovery from a net loss of PKR 149.60M in the previous year.
- Earnings per share (EPS) stood at PKR 0.01, compared to a loss per share of PKR 1.78 in the prior year.
- Finance costs rose to PKR 238.94M from PKR 195.97M, attributed to higher working capital needs and increased interest rates.
- The report is un-audited and covers the first quarter of the fiscal year.