Karachi: Shadab Textile Mills Limited has reported a decrease in profit for the quarter ending September 30, 2026, according to the company's latest financial statements dated October 26, 2026.

The net sales of Shadab Textile Mills Limited for the third quarter were reported at approximately 2.18 billion rupees, a slight increase from the 2.15 billion rupees recorded during the same period in 2025. Despite the increase in sales, the company experienced a decline in gross profit, which fell to 157.05 million rupees from 213.31 million rupees in the previous year.

Administrative and general expenses rose to 57.12 million rupees from 46.84 million rupees, contributing to a decrease in operating profit, which stood at 99.93 million rupees compared to 166.47 million rupees in the prior year. Finance costs increased marginally to 21.81 million rupees from 20.39 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), the profit before taxation was reported at 78.88 million rupees, a significant decrease from 136.10 million rupees in the same quarter last year. The company attributed part of this decline to increased taxation, which amounted to 37.33 million rupees, down from 47.29 million rupees in 2025.

The profit after taxation saw a very large or significant move, declining to 41.55 million rupees from 88.81 million rupees, affecting the basic and diluted earnings per share, which decreased to 1.82 rupees from 5.32 rupees last year.

Shadab Textile Mills Limited operates within the textile sector, and these financial results highlight the challenges faced during the quarter, despite the marginal increase in sales.