Khalid Siraj Textile Mills Limited has released its un-audited interim financial report for the quarter ended September 30, 2026, highlighting a reduced loss compared to the previous year.
- Loss after tax for Q1 2026 stands at PKR 0.675M, an improvement from PKR 4.130M in Q1 2025.
- Revenue generation remains absent due to the suspension of manufacturing operations amid a severe textile sector crisis.
- Depreciation for the quarter was reported at PKR 0.627M, down from PKR 4.788M in the same quarter last year.
- The company has decided to temporarily close operations to protect assets from further losses, citing high operational costs and low international yarn prices.
- Accumulated losses have increased to PKR 360.90M as of September 30, 2026.
- The report is un-audited and is submitted as per regulatory requirements.