Karachi: Arctic Textile Mills Limited has reported a substantial rise in its financial performance for the first quarter ended September 30, 2026, showcasing a notable improvement in its earnings compared to the same period last year. The company disclosed its financial results on October 27, 2026.
Revenue from contracts with customers increased to 743,872 from 447,800 in the previous year, indicating a very large move in sales. The cost of sales rose to 678,151 from 413,254, resulting in a gross profit of 65,721, up from 34,546.
The company incurred distribution costs of 1,502 and administrative expenses of 14,870, both of which were higher than the previous year. Other expenses also increased to 3,084 from 2,483.
After accounting for total expenses of 19,456, the company reported a profit from operations of 48,261, a significant improvement from 20,242 in the same quarter last year. Other income contributed an additional 1,996 to the operating profit.
According to information available from the Pakistan Stock Exchange (PSX), the finance cost for the quarter rose to 3,733 from 113, contributing to a profit before levy and taxation of 44,528, up from 20,129. Taxation for the quarter was recorded at 3,702, resulting in a profit after taxation of 40,826, marking a very large move from the 16,708 reported in the first quarter of 2025.
Earnings per share for the period increased to 3.10 from 1.27, reflecting the company's enhanced profitability and financial performance in the designated market category.