BTL reported significant losses with a net profit of Rs -80.93 million, indicating severe financial distress

Filed as: Financial Results for the Quarter Ended

BTLBlessed Textiles LimitedBTL · Textile compositeFinancial resultFiled Pakistan time

Summary

BTL reported significant losses with a net profit of Rs -80.93 million, indicating severe financial distress.

Read the original filing

Figures in the filing

ItemThis periodPeriod beforeChange
Revenue764.52775.1-1.4%
Gross Profit50.41544.56-90.7%
Operating Profit337.82416.92-19.0%
Net Profit-80.9344.79-280.7%
Total Equity7831.147980.43-1.9%

Amounts are in Pakistani rupees as stated in the filing (M = million, B = billion).

What the filing says

  • Revenue decreased to Rs 764.52 million from Rs 775.10 million, down 4.5%.
  • Operating profit fell to Rs 337.82 million from Rs 416.92 million, a decline of 19.0%.
  • Total equity decreased to Rs 7.83 billion from Rs 7.98 billion, reflecting a drop of 1.9%.

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Source: Blessed Textiles 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.