Lahore: Crescent Cotton Mills Limited has disclosed its financial performance for the first quarter ending September 30, 2026, revealing a notable increase in revenue and profit. The report, released on October 30, 2026, outlines the company's revenue from contracts with customers reaching 1.66 billion rupees, a substantial rise from 1.02 billion rupees recorded in the same quarter the previous year. This represents a very large or significant move of 62.66%.
The company's cost of sales also increased to 1.49 billion rupees from 916.51 million rupees in the corresponding period last year. Despite higher expenses, Crescent Cotton Mills Limited achieved a gross profit of 167.58 million rupees, compared to 105.61 million rupees the prior year.
The report shows distribution costs decreased slightly to 15.36 million rupees from 16.49 million rupees, while administrative expenses rose to 83.95 million rupees from 57.39 million rupees. Other expenses decreased to 3.53 million rupees from 5.44 million rupees, whereas other income saw a slight decline to 22.86 million rupees from 24.71 million rupees. Finance cost decreased slightly to 18.21 million rupees from 18.97 million rupees. Overall, total expenses amounted to 98.20 million rupees, compared to 73.57 million rupees the year before.
The company's profit before taxation and levy stood at 69.38 million rupees, up from 32.04 million rupees. After accounting for a levy of 20.78 million rupees, up from 12.78 million rupees, the profit before taxation was 48.60 million rupees, compared to 19.26 million rupees in the first quarter of 2025.
According to information available from the Pakistan Stock Exchange (PSX), the taxation for the quarter was reported at 2.31 million rupees, up from 1.20 million rupees last year. This resulted in a profit after taxation from continuing operations of 46.29 million rupees, significantly higher than the 18.06 million rupees recorded in the previous year.
The company's earnings per share from continuing operations rose to 2.04 rupees from 0.80 rupees, marking a very large or significant move. The financial results underscore the company's improved performance during the first quarter of 2026.