Janana De Malucho Textile Mills Limited has released its unaudited financial results for the quarter ended September 30, 2026, reporting a significant increase in sales but also a larger net loss compared to the same period last year.
- Sales for Q1 2026 reached PKR 558.286M, up from PKR 11.813M in Q1 2025.
- The company incurred a net loss of PKR 121.653M, compared to a loss of PKR 93.699M in the prior year.
- Loss per share increased to PKR 17.59 from PKR 13.55.
- The gross loss was PKR 58.072M, with operational challenges attributed to underutilization of capacity and high energy costs.
- Total assets as of September 30, 2026, stood at PKR 7,780.927M, with equity at PKR 5,258.577M.
- The company is gradually increasing capacity utilization after resuming operations in February 2026.
- Market conditions remain challenging due to high energy tariffs and competition from imports.