Lahore: Sapphire Fibres Limited, a prominent entity in the textile sector, has reported its financial results for the fiscal year ending June 30, 2026. The announcement was made following a board meeting held on September 24, 2026, in Lahore. The company has declared a final cash dividend of Rs. 10.00 per share, amounting to a 100% payout.
According to the financial statements, Sapphire Fibres Limited achieved total sales of Rs. 50.98 billion, reflecting a minor move of 0.83% compared to the previous year's sales of Rs. 50.56 billion. The gross profit for the year stood at Rs. 4.06 billion, while the profit from operations was reported at Rs. 6.65 billion. Despite a significant decrease in other income from Rs. 18.86 billion in 2025 to Rs. 5.59 billion in 2026, the company managed to maintain a profit before income tax of Rs. 3.16 billion.
The net profit for the year was reported at Rs. 2.56 billion, translating to earnings per share of Rs. 117.98. This marks a very large or significant move from the previous year's net profit of Rs. 13.68 billion and earnings per share of Rs. 661.62.
According to information available from the Pakistan Stock Exchange (PSX), the company’s total assets increased to Rs. 113.86 billion, a very large or significant move from Rs. 83.67 billion in the previous year. The equity of the company also saw a substantial increase, with total equity reported at Rs. 65.49 billion, up from Rs. 50.61 billion in 2025.
Sapphire Fibres Limited's non-current assets, including property, plant, and equipment, registered a notable increase to Rs. 25.10 billion from Rs. 18.75 billion. Long-term investments also rose to Rs. 32.38 billion from Rs. 26.28 billion, contributing to the overall growth in assets.
The company has scheduled its Annual General Meeting for October 28, 2026, at the IBA City Campus, Karachi. Shareholders whose transfers are registered by October 21, 2026, will be entitled to attend the meeting. The annual report will be made available through PUCARS at least 21 days before the meeting.
As the designated market category, the textile sector continues to be pivotal for Sapphire Fibres Limited’s operations and financial performance, reflecting its strategic growth and resilience in the face of fluctuating market dynamics.