Karachi: Karam Ceramics Limited has announced its annual financial results for the year ending June 30, 2026, showcasing a significant reduction in losses compared to the previous year. The company reported a net loss of 100.46 million Pakistani Rupees for 2026, a substantial improvement from the 728.23 million Rupees loss recorded in 2025.
According to the financial statement, the company's revenue for 2026 amounted to 617.48 million Rupees, reflecting a moderate move of 5.70% from the previous year's 584.21 million Rupees. Despite an increase in revenue, the company faced a gross loss of 46.61 million Rupees, a notable improvement from the 531.86 million Rupees gross loss reported in 2025, largely due to a decrease in the cost of sales which stood at 664.10 million Rupees compared to 1.12 billion Rupees in 2025.
Selling and distribution expenses rose to 10.18 million Rupees from 5.13 million Rupees in the previous year, while administrative expenses increased to 44.16 million Rupees from 36.38 million Rupees. The company did not incur any other expenses in 2026, contrasting with the 38.25 million Rupees reported last year.
Operating loss for the year was 100.96 million Rupees, a marked improvement from the 611.62 million Rupees loss in 2025. Other income rose significantly to 9.34 million Rupees from 736,007 Rupees, while finance costs decreased to 1.12 million Rupees from 5.19 million Rupees. This resulted in a loss before levy and income tax of 92.74 million Rupees, compared to a loss of 616.07 million Rupees in 2025. The levy for the year stood at 7.72 million Rupees, slightly up from 7.30 million Rupees.
According to information available from the Pakistan Stock Exchange (PSX), Karam Ceramics Limited achieved a loss per share of 6.90 Rupees, a significant move from the 50.05 Rupees loss per share recorded in 2025.
Despite the reduced losses, the company did not recognize any deferred tax income in 2026, compared to 104.85 million Rupees in the previous year. This resulted in a loss after taxation of 100.46 million Rupees for 2026, a notable improvement from the 728.23 million Rupees loss in 2025.