Service Industries Textiles Limited has reported its financial results for the quarter ended September 30, 2026, revealing a net loss despite an increase in revenue.
- Reporting Period: 1st Quarter ended September 30, 2026 (un-audited)
- Revenue: PKR 448.38M (+33.8% YoY)
- Gross Profit: PKR 19.17M (+98.9% YoY)
- Operating Profit: PKR 3.55M (compared to a loss of PKR 2.76M YoY)
- Net Loss: PKR 1.60M (compared to a loss of PKR 9.83M YoY)
- Loss per Share: PKR 0.12 (compared to PKR 0.71 YoY)
- No dividends, bonuses, or rights shares announced.
- The main driver for the improved performance was a significant increase in revenue, although the company continues to face challenges with operating expenses and finance costs.