Karachi: Khyber Textile Mills Limited reported a significant increase in its annual net loss for the year ending September 25, 2025, as operational expenses surged, overshadowing a rise in sales. The company's financial statements revealed a net loss of 5.83 million rupees, compared to a loss of 4.66 million rupees in the previous year.
The company's annual sales increased to 20.68 million rupees from 18.35 million rupees, marking a very large rise of 12.70%. However, this gain was insufficient to counterbalance the escalating administrative and operational costs. Administrative expenses climbed to 21.62 million rupees from 16.94 million rupees, a very large increase that significantly impacted the bottom line.
According to information available from the Pakistan Stock Exchange (PSX), Khyber Textile Mills Limited experienced an operating loss of 7.10 million rupees, up from 505,403 rupees the previous year. This was primarily due to the rise in administrative expenses and a decrease in other operating income despite a growth in agricultural income.
The company's property, plant, and equipment valuations decreased slightly, with the revaluation surplus dropping from 1.25 billion rupees to 1.24 billion rupees. The accumulated loss under revenue reserves decreased from 10.56 million rupees to 6.56 million rupees, reflecting efforts to manage financial stability amidst challenges.
Khyber Textile Mills Limited's comprehensive income for the year stood at a loss of 5.83 million rupees, contrasting sharply with a comprehensive income of 337.67 million rupees in 2024. This shift highlights the financial strains faced by the company as it navigates a challenging economic landscape and rising costs.
In terms of assets, the company reported an increase in cash and bank balances to 17.05 million rupees from 13.84 million rupees, reflecting enhanced liquidity. However, the company’s total liabilities remained substantial, with non-current liabilities slightly decreasing from 45.92 million rupees to 43.73 million rupees, and current liabilities declining from 7.12 million rupees to 6.03 million rupees.
The earnings per share were reported at a loss of 4.75 rupees per share, compared to a loss of 3.80 rupees per share in the prior year, underscoring the financial challenges faced by the company.