Karachi: Ali Asghar Textile Mills Limited has reported a considerable decrease in its quarterly profit for the period ending September 30, 2026, as disclosed in its unconsolidated statement of profit or loss. The textile company recorded a profit after income tax of 15,910,241 rupees, a very large or significant move from the 55,554,998 rupees posted in the same quarter of the previous year.

The company's revenue from contracts with customers rose to 22.02 million rupees from 18.45 million rupees, marking a moderate move. Despite this increase in revenue, the cost of providing services also climbed to 11.53 million rupees compared to 10.11 million rupees in the prior year, leading to a gross profit of 10.49 million rupees, up from 8.34 million rupees.

Administrative expenses for the quarter were reported at 9.80 million rupees, increasing from 7.65 million rupees. The company did not report any other operating expenses. As a result, operating profits were slightly higher at 696,577 rupees compared to 690,063 rupees in the previous year.

A significant factor contributing to the decline in net profit was the finance cost, which increased to 7.15 million rupees, up from 4.80 million rupees. Additionally, other charges, including a brokerage commission of 703,169 rupees, impacted the overall financial results.

Ali Asghar Textile Mills Limited's other income saw a sharp decrease, falling to 27.79 million rupees from 64.70 million rupees. Consequently, the profit before levies and income tax dropped to 20.63 million rupees from 60.58 million rupees in the previous year.

Levies were slightly reduced to 4.72 million rupees from 5.03 million rupees, resulting in a profit before income tax of 15.91 million rupees, significantly down from 55.55 million rupees. Taxation remained unaffected, with a net impact of zero.

The earnings per share also reflected this downturn, dropping to 0.36 rupees from 1.25 rupees, indicating a very large or significant move. According to information available from the Pakistan Stock Exchange (PSX), these financial results place Ali Asghar Textile Mills Limited in a challenging position in the designated market category.