Lahore: Amtex Limited has reported its financial results for the first quarter ending September 30, 2026, revealing a downturn in sales and a significant shift from profit to loss compared to the same period last year. The company announced these figures in a report dated October 30, 2026.

Sales for the quarter amounted to 587.70 million rupees, a decrease from the 925.48 million rupees recorded in the previous year's first quarter. The cost of sales also saw a reduction, totaling 523.43 million rupees, down from 805.26 million rupees, resulting in a gross profit of 64.28 million rupees compared to last year's 120.22 million rupees.

Other operating income increased slightly to 4.23 million rupees from 3.85 million rupees, bringing the total operating income to 68.51 million rupees. Despite the increase in other operating income, the company faced increased pressure from selling and distribution expenses, which totaled 32.93 million rupees, and administrative expenses, which stood at 33.35 million rupees.

Finance costs were recorded at 25.93 million rupees, contributing to a total expense of 92.20 million rupees for the quarter, compared to 102.15 million rupees in the previous year. These financial dynamics culminated in a loss before income tax and levies of 23.70 million rupees, a downturn from a profit of 21.92 million rupees in the prior year.

According to information available from the Pakistan Stock Exchange (PSX), Amtex Limited's performance in the designated market category reflects the ongoing challenges faced by the company. Levies for the quarter were reported at 7.35 million rupees, leading to a loss before income tax of 31.04 million rupees, contrasting with a profit of 10.35 million rupees in the same quarter last year.

The company's earnings per share also reflected this downturn, with a basic and diluted earnings per share of negative 0.12 rupees, compared to a positive 0.04 rupees in the previous year.