Khalid Siraj Textile Mills Reports No Change in Sales, Significant Operating Income Surge

Lahore: Khalid Siraj Textile Mills Limited conducted a corporate briefing session to present its financial results for the year ended June 30, 2026. The session, held on November 10, 2026, highlighted key financial metrics compared to the previous year, 2025, within the market category of textiles.

The company reported no change in net sales, remaining at 0.00 million for both 2026 and 2025. This stagnation was mirrored in the cost of sales and gross loss, both recording figures of 0.00 million for the same period, indicating no change in percentages.

However, the company experienced a significant upturn in other operating income, which soared to 45.15 million from a previous figure of 0.00 million. This represented a remarkable development in the company's financial activities for the year.

Administrative and general expenses saw a reduction from 3.26 million in 2025 to 2.85 million in 2026, indicating a decrease of 13%. Conversely, other operating expenses increased to 30.36 million from 21.25 million, marking a 43% rise, while finance costs edged up by 49% to 0.11 million from 0.08 million. As a result, the total operating expenses increased to 33.33 million from 24.59 million, representing a 36% rise.

According to information available from the Pakistan Stock Exchange (PSX), these financial movements culminated in a profit before taxation of 11.82 million, a significant improvement from a loss of 24.59 million the previous year, classified as a very large or significant move at 52%. Taxation costs rose to 7.74 million from 5.26 million.

The reported profit after taxation for 2026 stood at 19.57 million, demonstrating a recovery from the previous year's loss of 19.32 million. With a variance classified as a minor move at -1%, this reflects the company's improved financial health despite static sales figures.