Karachi: Ahmad Hassan Textile Mills Limited has announced its financial results for the fiscal year ending June 30, 2026, revealing a decline in net profit amid fluctuating market conditions. The company reported a net profit of 85.67 million rupees for the year, down from 94.20 million rupees in the previous year, according to their financial statements released on October 5, 2026.

The textile firm's total assets increased to 4.60 billion rupees from 4.46 billion rupees in 2025. The climb in assets was driven primarily by a rise in current assets, which reached 2.25 billion rupees compared to 2.05 billion rupees in the prior year. This growth was largely attributed to an increase in cash and bank balances, which rose to 95.06 million rupees from 22.54 million rupees.

On the equity and liabilities front, Ahmad Hassan Textile Mills Limited saw its shareholders' equity rise to 2.47 billion rupees from 2.39 billion rupees. The improvement in equity was offset by a decrease in non-current liabilities, which fell to 516.17 million rupees from 590.99 million rupees, reflecting a reduction in long-term financing and lease liabilities.

According to information available from the Pakistan Stock Exchange (PSX), the company's sales revenue reached 5.42 billion rupees, a decrease from the previous year's 5.63 billion rupees, marking a moderate move in sales. The reduction in sales led to a decline in gross profit, which fell to 375.05 million rupees from 429.76 million rupees. Additionally, operating profit decreased to 266.18 million rupees from 319.61 million rupees due to higher administrative expenses.

The financial cost for the year stood at 104.47 million rupees, down from 161.37 million rupees in 2025. Despite a reduction in finance costs, the company's profit before taxation fell to 90.11 million rupees from 104.49 million rupees, reflecting the increasing challenge of managing operational costs.

The company's earnings per share declined to 10.11 rupees from 11.12 rupees in 2025. The decrease in earnings per share underscores the challenges faced by Ahmad Hassan Textile Mills Limited in maintaining profitability amid economic pressures. The textile industry remains a critical sector within the designated market category, with ongoing market dynamics impacting financial performance.