Shadab Textile Mills Reports Big Move in Quarterly Profit Despite No Dividend Announcement

Lahore: Shadab Textile Mills Limited has reported its financial results for the quarter ended March 31, 2026, showcasing a notable performance in its profit margins despite the absence of dividend declarations. The Board of Directors convened on April 27, 2026, to review and approve the financial statements, which revealed significant insights into the company’s financial health.

According to the details disclosed, the company recorded a net sales figure of 1,923.735 million rupees for the quarter, compared to 1,983.363 million rupees during the same period last year. The cost of sales decreased to 1,732.813 million rupees from 1,855.708 million rupees, resulting in a gross profit of 190.922 million rupees, up from 127.655 million rupees. This marks a big move in the company’s gross profit for the quarter.

Operating profit also saw a significant rise, reaching 134.474 million rupees, a noticeable increase from 86.702 million rupees in the previous year’s quarter. However, the finance costs were slightly reduced to 16.078 million rupees from 16.697 million rupees, and other charges increased to 7.939 million rupees from 5.595 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), the profit before levies and taxation for the quarter stood at 113.423 million rupees, a big move from 75.501 million rupees the previous year. After accounting for taxation, the profit after taxation for the quarter was 36.704 million rupees, down from 50.540 million rupees in the same quarter last year.

Additionally, the company’s total assets increased to 3.320582 billion rupees from 3.215029 billion rupees as of June 30, 2025. The current liabilities stood at 1.288930 billion rupees, reflecting a minor move from 1.272605 billion rupees previously.

Despite the financial growth, the Board of Directors has recommended no cash dividend, bonus shares, right shares, or any other entitlement for the shareholders. The company also reported no other price-sensitive information during this quarter.

The designated market category for Shadab Textile Mills Limited remains focused on maintaining its financial stability and operational efficiency amidst fluctuating market conditions. The detailed quarterly financial statements were transmitted through PUCARS, adhering to the regulatory requirements.