Shahzad Textile Mills Limited has transmitted its annual financial report for the year ended June 30, 2026, showcasing significant growth in revenue and net profit amidst challenging economic conditions.
- Revenue for FY 2026 reached PKR 12,341.78M, up 8.54% from PKR 11,371.02M in FY 2025.
- Net Profit After Tax (PAT) surged to PKR 257.40M, a 62.89% increase compared to PKR 158.03M in the previous year.
- Earnings Per Share (EPS) improved to PKR 14.32 from PKR 8.79 in FY 2025.
- The company maintained a strong gross profit margin, reporting PKR 1,058.93M for the year.
- Total assets increased to PKR 6,673.62M, reflecting a solid balance sheet position.
- The report was audited by Crowe Hussain Chaudhury & Co. and received an unmodified opinion.
- The company did not declare any dividends for the year, opting to retain earnings for future investments.
- The management is optimistic about future growth, particularly with the implementation of a 3.6 MW solar energy system aimed at reducing operational costs.