Paramount Spinning Mills Limited reported a net loss of Rs 3.93 million for the nine months ended March 31, 2026
Filed as: Financial Results For The Quarter Ended 31.03.2026
Summary
Paramount Spinning Mills Limited reported a net loss of Rs 3.93 million for the nine months ended March 31, 2026, compared to a profit of Rs 16.44 million in the prior period, indicating significant financial distress.
Read the original filingFigures in the filing
| Item | This period | Period before | Change |
|---|---|---|---|
| Net Profit / (Loss) after Taxation | PKR -3.93M | PKR 16.44M | -123.9% |
| Administrative Expenses | PKR 2.18M | PKR 0.86M | +152.1% |
| Cash and Bank Balances | PKR 3.93M | PKR 8.38M | -53.1% |
| Earnings / (Loss) per Share - Basic and Diluted | PKR -0.23 | PKR 0.95 | -124.2% |
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 3.93 million for the nine months ended March 31, 2026, compared to a profit of Rs 16.44 million in the prior period, marking a concerning reversal in profitability.
- Administrative expenses increased to Rs 2.18 million from Rs 0.86 million, indicating rising operational costs.
- Cash and bank balances decreased to Rs 3.93 million from Rs 8.38 million, reflecting a significant reduction in liquidity.
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Source: Paramount 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.