Lahore: Interloop Limited has reported a substantial rise in its earnings for the first quarter ending September 30, 2026, as detailed in the company's unconsolidated financial results released on October 22, 2026. The textile manufacturer, listed on the Pakistan Stock Exchange, has shown robust financial performance compared to the previous year.
The company's net sales for the quarter reached 49.71 billion rupees, up from 43.77 billion rupees in the same period last year, marking a significant move in revenue growth. The cost of sales increased to 38.38 billion rupees from 33.59 billion rupees, resulting in a gross profit of 11.33 billion rupees, compared to 10.18 billion rupees in the prior year.
Operating expenses totaled 3.73 billion rupees, slightly decreasing from 3.94 billion rupees last year. This includes a distribution cost of 1.93 billion rupees, administrative expenses amounting to 2.79 billion rupees, and other operating expenses of 734.67 million rupees. Other income saw a considerable increase, reaching 1.71 billion rupees, up from 699.75 million rupees, contributing to the overall financial health of the company.
According to information available from the Pakistan Stock Exchange (PSX), Interloop Limited's profit from operations rose to 7.59 billion rupees, compared to 6.24 billion rupees in the previous year's corresponding quarter. After accounting for a finance cost of 1.57 billion rupees, down from 1.70 billion rupees, the profit before income tax and levies stood at 6.02 billion rupees, compared to 4.54 billion rupees last year.
The company faced levies of 7.10 million rupees, which were not present in the previous period, resulting in a profit before income tax of 6.02 billion rupees. After deducting income tax of 1.74 billion rupees, the profit for the period amounted to 4.28 billion rupees, a significant move from the previous year's 2.80 billion rupees.
Earnings per share for the period increased to 3.05 rupees, up from 2.00 rupees, reflecting the company's improved financial performance.
On the balance sheet, Interloop Limited's total assets stood at 190.84 billion rupees as of September 30, 2026, up from 187.67 billion rupees as of June 30, 2026. Current assets increased to 108.23 billion rupees, with notable rises in stock in trade and short-term investments.
Shareholders' equity rose to 68.82 billion rupees from 64.54 billion rupees, driven by an increase in unappropriated profit to 51.64 billion rupees. Non-current liabilities decreased to 29.49 billion rupees, while current liabilities increased to 92.53 billion rupees.
The financial results highlight Interloop Limited's strong market position and operational efficiency in the textile sector, as the company continues to make strategic advancements in its business operations.