Ashfaq Textile Mills Ltd. reported a significant loss of Rs 11.27 million for the quarter ended March 31, 2026
Filed as: FINANCIAL RESULTS FOR THE QUARTER ENDED MARCH 31, 2026
Summary
Ashfaq Textile Mills Ltd. reported a significant loss of Rs 11.27 million for the quarter ended March 31, 2026, with a decline in sales to Rs 89 million, indicating severe financial challenges.
Read the original filingFigures in the filing
| Item | This period | Period before | Change |
|---|---|---|---|
| Net Profit/Loss | PKR -11.27 million | PKR 12.24 million | -192.0% |
| Sales | PKR 89 million | PKR 106.72 million | -16.6% |
| Gross Profit/Loss | PKR -2.41 million | PKR 20.97 million | -111.5% |
| Earnings Per Share (EPS) | PKR -0.24 | PKR 0.26 | -192.3% |
| Cash and Bank Balances | PKR 75.22 million | PKR 21.72 million | +246.3% |
Amounts are in Pakistani rupees as stated in the filing (M = million, B = billion).
What the filing says
- The company reported a net loss of Rs 11.27 million for the quarter, compared to a profit of Rs 12.24 million in the same period last year.
- Sales declined by 16.61% to Rs 89 million from Rs 106.72 million in the prior year quarter.
- Gross profit turned into a loss of Rs 2.41 million from a profit of Rs 20.97 million in the previous year, indicating margin compression.
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Source: Ashfaq Textile Mills Limited's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.