Tata Textile Mills Limited has released its unaudited financial results for the first quarter ended September 30, 2026, showing a modest improvement in sales and profitability despite ongoing economic challenges.
- Revenue increased by 4.1% to PKR 12,370M compared to PKR 11,879M in the same period last year.
- Gross profit surged by 147.2% to PKR 1,965M, with a gross margin improvement to approximately 16% from 6.7%.
- Net profit after taxation stood at PKR 702M, a significant increase from PKR 1,550M in the previous year, with earnings per share (EPS) at PKR 12.55, down from PKR 27.68.
- Finance costs decreased by 21.5% to PKR 560M, attributed to better working capital management.
- The report highlights ongoing pressures from high energy costs and reliance on imported cotton, impacting margins.
- The company continues to focus on sustainability initiatives and improving operational efficiencies.