Saritow Spinning Mills Limited reported a net loss of Rs 79.42 million for the nine months ended March 31, 2026

Filed as: Financial Results for the 3rd Quarter Ended 31-03-2026 (Un-Audited)

SSMLSaritow Spinning Mills LimitedSSML · Textile spinningFinancial resultFiled Pakistan time

Summary

Saritow Spinning Mills Limited reported a net loss of Rs 79.42 million for the nine months ended March 31, 2026, with significant declines in equity and cash reserves.

Read the original filing

Figures in the filing

ItemThis periodPeriod beforeChange
Net LossPKR 79.42 millionPKR 82.66 million-3.9%
Total EquityPKR 33.52 millionPKR 112.94 million-70.3%
Cash and Cash EquivalentsPKR 3.98 millionPKR 5.94 million-33.0%
Revenue from Contracts with CustomersPKR 0 million——
Gross LossPKR 60.40 millionPKR 62.17 million-2.8%

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 79.42 million, a slight improvement from the prior year's loss of Rs 82.66 million.
  • Total equity decreased to Rs 33.52 million from Rs 112.94 million as of June 30, 2025, indicating a significant erosion of shareholder value.
  • Cash and cash equivalents at the end of the period stood at Rs 3.98 million, down from Rs 5.94 million at the beginning of the period.

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Source: Saritow 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.