Karachi: Ruby Textile Mills Limited, a firm listed under the textile manufacturing category, has published its annual report for the fiscal year ending June 30, 2026. The report, released on October 7, 2026, highlights a decline in the company's financial position, marked by a decrease in total assets and persisting losses.

The company's total assets for the year 2026 stood at 882.27 million rupees, down from 904.79 million rupees in 2025. This marks a contraction in the company's asset base amid ongoing fiscal challenges.

The firm reported total equity and liabilities aligning with the total assets at 882.27 million rupees, compared to 904.79 million rupees in the previous year, indicating a decline in overall equity and liability values.

According to information available from the Pakistan Stock Exchange (PSX), Ruby Textile Mills Limited experienced a notable shift in its financial liabilities. The non-current liabilities decreased to 34.39 million rupees from 47.32 million rupees. However, current liabilities saw an increase to 189.80 million rupees from 170.99 million rupees.

The report also disclosed a loss after taxation of 28.85 million rupees for the fiscal year 2026, compared to a loss of 24.96 million rupees in 2025. This reflects a very large or significant move in the company's financial distress. The earnings per share for the year fell to negative 0.55 rupees from negative 0.48 rupees in the previous year.

The company's administrative and general expenses slightly decreased to 57.13 million rupees from 57.25 million rupees, while other income increased to 29.93 million rupees from 25.35 million rupees, signaling moderate moves in these financial metrics.

Ruby Textile Mills Limited's revaluation of property, plant, and equipment showed a decrease in surplus value, with figures reported at 397.31 million rupees down from 405.99 million rupees in the preceding year. The company's accumulated losses also increased to 954.25 million rupees from 935.64 million rupees.

The data indicates that Ruby Textile Mills Limited continues to face substantial challenges, as reflected in its ongoing financial losses and diminishing asset base.