Nagina Cotton Mills Limited has transmitted its Annual Financial Statements for the year ended June 30, 2026, showcasing significant improvements in profitability and operational metrics despite a challenging economic environment.
- Revenue for the year reached PKR 21,563.75M, up 8.59% from PKR 19,857.88M in the previous year.
- Net Profit After Tax (PAT) surged to PKR 281.59M, compared to PKR 50.42M in the prior year, reflecting a notable increase in profitability.
- Earnings Per Share (EPS) rose to PKR 15.06 from PKR 2.70 year-on-year.
- The gross profit margin improved to 8.38%, up from 8.10% in the previous year, driven by lower costs of sales.
- The Board has recommended a final cash dividend of PKR 6 per share, a substantial increase from PKR 1 per share in the previous year.
- The financial statements were audited without qualification, indicating a clean audit report.
- The company has invested PKR 758.98M in capital assets to enhance productivity and sustainability.
- Overall, the company maintained stable operational cash flows and reduced finance costs due to lower debt levels.