Karachi: Colony Textile Mills Limited has disclosed its financial results for the fiscal year ending June 30, 2025, reporting a loss of 2,234,018,000 rupees, as detailed in its annual report dated October 8, 2025. The decline in net sales and increased costs were primary contributors to the financial performance, according to the company’s financial statements.

The company, which is publicly listed on the Pakistan Stock Exchange and primarily engaged in the manufacture and sale of yarn, reported net sales of 16,688,072,000 rupees for the year, down from 16,964,028,000 rupees in 2024. The cost of sales for the same period was 18,221,846,000 rupees, resulting in a gross loss of 1,533,774,000 rupees.

Operating expenses remained relatively steady, with distribution costs at 239,940,000 rupees and administrative expenses at 377,532,000 rupees. Despite a reduction in financial costs to 1,404,783,000 rupees from 1,554,808,000 rupees in the previous year, the company recorded a pre-tax loss of 2,012,130,000 rupees.

According to information available from the Pakistan Stock Exchange (PSX), the company’s financial position showed a total equity and liabilities balance of 25.97 billion rupees, compared to 28.95 billion rupees the previous year. Non-current liabilities were recorded at 10,365,473,000 rupees, while current liabilities stood at 11,502,421,000 rupees.

The company’s statement of comprehensive income also highlighted a total comprehensive loss of 2,245,545,000 rupees for the year, reflecting a continued strain on its financial health. Notably, the earnings per share, both basic and diluted, showed a loss of 4.49 rupees, an improvement from a loss of 7.31 rupees per share the previous year.

Colony Textile Mills Limited, incorporated on January 12, 2013, continues to navigate through significant financial challenges, as reflected in the negative retained earnings of 3,181,912,000 rupees. The company’s management has outlined considerations and future strategies in its directors’ report, aiming to address the financial downturn and improve operational efficiencies.