Shahzad Textile Mills Limited has released its unaudited financial results for the first quarter ended September 30, 2026, showing a decline in both sales and net profit compared to the same period last year.
- Sales for the quarter were PKR 3,095.99M, down from PKR 3,354.65M year-on-year.
- Pre-tax profit decreased to PKR 49.99M from PKR 117.07M in the previous year.
- Net profit for the period stood at PKR 16.47M, compared to PKR 66.01M in the corresponding quarter last year.
- Earnings per share (EPS) fell to PKR 0.92 from PKR 3.67 year-on-year.
- The company is facing challenges due to high energy costs and market volatility but is investing in a 3.7 MW solar power system to mitigate these issues.
- The report is unaudited and reflects the company's ongoing efforts to maintain operational resilience and cost control.