Aruj Industries Reports Decreased Losses Amid Shrinking Finance Costs

Karachi: Aruj Industries Limited has reported its financial results for the fiscal year ended June 30, 2026, revealing a reduction in net losses compared to the previous year. Despite the ongoing challenges, the company managed to contain its losses at 37.30 million rupees, a decrease from the 40.42 million rupees recorded in 2025.

The textile manufacturer's net sales were reported at zero for the current year, compared to 191,800 rupees in 2025. The cost of sales decreased slightly to 24.93 million rupees from 25.62 million rupees, resulting in a gross loss of the same amount for 2026. Administrative expenses saw a notable drop to 6.90 million rupees from 9.56 million rupees, contributing to an overall operating loss of 31.83 million rupees, down from 34.99 million rupees in the previous year.

Finance costs experienced a significant move, declining to 414,881 rupees from 1.66 million rupees, aiding the company's efforts to reduce overall expenditures. Other operating expenses were recorded at 536,832 rupees, with no corresponding figure for the previous year. Consequently, Aruj Industries reported a loss before tax of 32.78 million rupees, compared to 36.65 million rupees in 2025.

According to information available from the Pakistan Stock Exchange (PSX), the taxation for the year increased to 4.51 million rupees from 3.76 million rupees. This increase in taxation, however, did not offset the gains made through reduced operational costs, leading to a loss for the year of 37.30 million rupees, compared to 40.42 million rupees in the prior year.

Loss per share improved to 3.57 rupees from 3.86 rupees in 2025, reflecting the company's efforts to stabilize its financial footing. Aruj Industries remains a key player within the textiles designated market category, as it navigates the fiscal challenges of the current economic landscape.