Quetta Textile Mills Limited has released its un-audited financial results for the first quarter ended September 30, 2026, reporting a pre-tax loss, albeit an improvement compared to the same quarter last year.
- Revenue for the quarter stood at PKR 426.30M, up from PKR 255.86M in the corresponding period last year.
- Pre-tax loss decreased to PKR 141.75M from PKR 194.60M year-on-year.
- Gross loss reported at PKR 144.69M, compared to PKR 181.48M in the previous year.
- Loss per share is PKR 14.97.
- Current liabilities exceed current assets by PKR 8,581.72M, indicating ongoing liquidity challenges.
- The company continues to face operational difficulties due to high costs and reduced demand in the textile sector.
- Management is negotiating with banks for a repayment plan and is optimistic about future growth based on strategic plans.