Gul Ahmed Textile Mills Limited held a corporate briefing session to discuss its financial performance for FY 2025/26 and Q1 FY 2026/27, highlighting key metrics and future strategies.
- Revenue decreased by 17.0% to PKR 131,090.06M, attributed to the discontinuation of the Export Apparel segment and reduced yarn sales.
- Gross profit fell by 49.6% to PKR 9,572.24M, with margins contracting from 12.0% to 7.3%.
- Operating profit declined by 78.3% to PKR 2,301.36M, reflecting significant challenges in the operating environment.
- The company reported a loss before taxation of PKR 1,440.54M, compared to a profit of PKR 3,971.52M in the previous year.
- Future outlook emphasizes operational efficiency, energy transition initiatives, and expansion in Nooriabad to enhance manufacturing capabilities.
- The company aims to diversify its energy mix with renewable projects, targeting a total renewable capacity of 72.25 MW.
- PACRA maintains the company's credit ratings at AA- (Long-Term) and A1 (Short-Term) with a Stable Outlook as of March 2026.