Bhanero Textile Mills Limited has released its annual financial report for the year ended June 30, 2026, showcasing significant improvements in profitability and operational efficiency compared to the previous year.
- The company reported a profit after tax (PAT) of PKR 700.27M, a substantial increase from PKR 114.23M in the prior year.
- Revenue for the year was PKR 33,721.52M, up from PKR 32,907.55M, marking a 2.47% increase.
- Earnings per share (EPS) rose to PKR 230.28 from PKR 37.56, reflecting enhanced profitability.
- Gross profit margin improved to 8.81%, compared to 7.86% in the previous year, indicating better cost management.
- The company successfully reduced short-term borrowings by over 44% and lowered inventory levels by 32%.
- The gearing ratio decreased from 1.13 to 0.76, indicating lower financial leverage and reduced risk.
- The report includes a clean audit opinion from Mushtaq & Company, Chartered Accountants.
- No final dividend was recommended, as the board opted to retain earnings for future growth initiatives.