Karachi: Colony Textile Mills Limited, a significant player in the textile industry, has reported its financial results for the year ending June 30, 2025, showing a net loss despite a slight increase in sales. The financial statement, released on October 7, 2025, provides a comprehensive view of the company’s financial health over the past year.
The company’s net sales for the year reached 16.89 billion rupees, showing a minor move with a 0.74% increase compared to 2024’s 16.76 billion rupees. However, the cost of sales increased to 18.22 billion rupees, resulting in a gross loss of 1.33 billion rupees, an improvement from the previous year’s gross loss of 2.39 billion rupees.
Operating expenses remained relatively stable, with distribution costs at 239.94 million rupees and administrative expenses at 377.53 million rupees. The resulting operating loss was 1.95 billion rupees, better than the previous year’s loss of 3.00 billion rupees. Finance costs were recorded at 1.40 billion rupees, contributing to the overall financial burden.
According to information available from the Pakistan Stock Exchange (PSX), the company’s total comprehensive loss for the year stood at 2.23 billion rupees, a significant move compared to the previous year’s loss of 3.64 billion rupees. This reduction in loss is attributed to the company’s efforts in cost management and operational efficiencies.
The statement of financial position reveals a decrease in total assets to 26.97 billion rupees from the previous year’s 28.95 billion rupees. Non-current assets saw a decline, with property, plant, and equipment valued at 18.15 billion rupees compared to 18.67 billion rupees in 2024. Current assets also decreased, with stock in trade dropping to 2.92 billion rupees from 4.20 billion rupees.
On the liabilities side, the company’s total liabilities decreased slightly to 21.87 billion rupees from 21.60 billion rupees. Long-term financing reduced to 5.69 billion rupees, while deferred liabilities increased to 4.67 billion rupees.
The cash flow statement indicates a net cash generation from operating activities of 338.03 million rupees, compared to 1.61 billion rupees in 2024. Investing activities used up 342.53 million rupees, a slight increase from the previous year’s 332.10 million rupees. Financing activities saw a net cash outflow of 36.64 million rupees.
Despite the challenges, Colony Textile Mills Limited remains committed to navigating the volatile market conditions and seeking opportunities to improve its financial performance. The company’s management continues to focus on strategic initiatives aimed at enhancing operational efficiency and exploring new revenue streams.