Karachi: Aruj Industries Ltd. has released its unaudited financial results for the first quarter ending on September 30, 2026, revealing increased losses compared to the same period last year. The report, dated November 2, 2026, highlights the challenges faced by the company as it navigates its path to recovery.
According to the Director's Report, Aruj Industries recorded a net loss before taxation of 13.6717 million rupees for the three months ending in September 2026, compared to a net loss of 7.2867 million rupees for the corresponding period in 2025. This reflects a worsening financial position as the company reported no net sales for either period. The loss per share also increased, from 0.70 rupees in the previous year to 1.31 rupees for the current quarter, representing a very large or significant move in financial performance.
According to information available from the Pakistan Stock Exchange (PSX), the textile sector, which includes Aruj Industries, has been facing numerous challenges, impacting the financial health of companies within this designated market category.
Despite the financial setbacks, the company remains committed to its revival efforts. The founder, Mr. Maqsood Ahmad Butt, has initiated measures to reinvigorate the company, including maintenance work and the reconnection of electricity at the factory. The Directors expressed hope for continued support from Mr. Butt in the upcoming quarters, aiming for a more stable financial footing in the future.