Pak Leather Crafts Limited has released its unaudited financial results for the first quarter ended September 30, 2026, showing a reduction in losses compared to the previous year.
- Revenue for the quarter reached PKR 11.047M, up from PKR 6.548M in Q1 2025.
- Gross profit increased to PKR 2.691M compared to PKR 1.774M in the same period last year.
- Net loss after taxation was PKR 0.839M, an improvement from a loss of PKR 2.361M in Q1 2025.
- Loss per share decreased to PKR 0.25 from PKR 0.69 year-on-year.
- The company has transitioned to toll manufacturing, which has contributed to cost savings and improved financial results.
- Accumulated losses increased to PKR 359.525M from PKR 358.686M.
- The outlook remains cautious due to geopolitical tensions affecting economic conditions.