Nishat Mills Limited has released its quarterly financial statements for the period ended September 30, 2026, reporting significant growth in revenue and profit despite challenging market conditions.
- Revenue increased by PKR 7,354M (16.34%) to PKR 52,367M from PKR 45,013M in the same quarter last year.
- Gross profit rose by PKR 1,372M (27.68%) to PKR 6,328M, reflecting improved operational efficiency.
- Profit after tax (PAT) surged by PKR 802.79M (103.94%) to PKR 1,575M, up from PKR 772M.
- Earnings per share (EPS) increased to PKR 4.48 from PKR 2.20.
- The report is un-audited and covers the first quarter of FY2026-27.
- The company is navigating challenges such as rising raw material costs and geopolitical issues affecting the textile sector, while focusing on operational efficiency and product diversification.