Gulshan Spinning Mills Limited reported a net loss of Rs 3.79 million for the first quarter of 2026, with no revenue generated

Filed as: Financial Results for the Quarter Ended 30-09-2026

GSPMGulshan Spinning Mills LimitedGSPM · Textile spinningFinancial resultFiled Pakistan time

Summary

Gulshan Spinning Mills Limited reported a net loss of Rs 3.79 million for the first quarter of 2026, with no revenue generated. The company's financial position remains concerning with significant accumulated losses.

Read the original filing

Figures in the filing

ItemThis periodPeriod beforeChange
Net Profit / (Loss) after taxationPKR 3.79 millionPKR 3.44 million-10.2%
Earnings / (Loss) per sharePKR -0.17PKR -0.15-13.3%
Total AssetsPKR 95.46 millionPKR 95.03 million+0.5%
Accumulated LossPKR 3,790.23 millionPKR 3,786.43 million-0.1%
Cash and Bank BalancesPKR 16.61 millionPKR 16.70 million-0.5%

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 3.79 million for the quarter, compared to a loss of Rs 3.44 million in the prior year, indicating a worsening financial situation.
  • Earnings per share declined to Rs -0.17 from Rs -0.15 in the previous year, reflecting increased losses.
  • The company's total assets slightly increased to Rs 95.46 million from Rs 95.03 million, but this is overshadowed by the large accumulated losses.

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Source: Gulshan Spinning 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.