Gul Ahmed Textile Mills Limited has released its unaudited financial results for the first quarter ended September 30, 2026, showcasing a significant turnaround in profitability compared to the previous year.
- Revenue for the quarter stood at PKR 33,734.57M, down from PKR 40,583.43M in the same quarter last year.
- Net Profit After Tax (PAT) surged to PKR 505.92M, a remarkable increase of 116% from PKR 234.12M year-on-year.
- Earnings Per Share (EPS) improved to PKR 0.68, compared to PKR 0.32 in the prior year.
- The company reported a gross margin of 10.62%, up from 9.78% in the same period last year, despite facing cost pressures.
- Direct export sales declined by 26.6% in USD terms, while domestic sales rose by 38%.
- The financial position remains stable with total assets of PKR 139,366.71M and total liabilities of PKR 90,927.30M, reflecting a decrease in long-term financing.
- The report indicates a focus on cost control and diversification into higher-margin products, with ongoing investments in renewable energy.