Karachi: Shahtaj Textile Limited has released its financial results for the first quarter ended September 30, 2026, detailing a moderate decline in revenue compared to the same period last year. The company's financial report, dated October 26, 2026, outlines various key performance indicators for the quarter.

The revenue from contracts with customers stood at 1,499.26 million rupees, a decrease from 1,658.99 million rupees recorded in the first quarter of the previous year. This represents a moderate move of 9.63%.

The cost of goods sold amounted to 1,320.97 million rupees, down from 1,464.17 million rupees in the same quarter last year. Consequently, the gross profit for the period was reported at 178.29 million rupees, compared to 194.82 million rupees, indicating a decrease in profitability.

Expenses during the period saw slight variations. Distribution expenses were 30.80 million rupees, while administrative expenses were 48.83 million rupees, compared to 29.22 million rupees and 44.45 million rupees, respectively, from the same quarter in 2025. Other operating expenses decreased to 5.24 million rupees from 6.83 million rupees.

Finance costs were reduced to 33.42 million rupees from 39.06 million rupees. According to information available from the Pakistan Stock Exchange (PSX), this cost reduction contributed to a profit before levies and taxes of 62.67 million rupees, down from 78.29 million rupees in the previous year.

Levies imposed on the company totaled 18.96 million rupees, compared to 20.98 million rupees in the first quarter of 2025. As a result, the profit before taxation reached 43.71 million rupees, down from 57.31 million rupees in the preceding year.

The report concludes with the announcement that the company's earnings per share, both basic and diluted, were 4.53 rupees, compared to 5.93 rupees in the same period last year.

Shahtaj Textile Limited's performance is closely watched by investors and stakeholders in the designated Textiles market category.