Lahore: The Crescent Textile Mills Limited has published its audited financial statements for the fiscal year ending June 30, 2026, following a board meeting held on September 29, 2026. The company announced no cash dividends, bonus shares, right shares, or any other corporate actions for its shareholders.

The Annual General Meeting (AGM) is scheduled for October 27, 2026, in Faisalabad, with share transfer books to be closed between October 21 and October 27, 2026. Share transfers completed by October 20, 2026, will be eligible for voting at the AGM. The company plans to disseminate its annual report via PUCARS at least 21 days before the meeting.

The financial results for the year were highlighted by a revenue increase to 19.11 billion rupees from the previous year's 19.00 billion rupees, marking a minor move of 0.57%. The company reported a gross profit of 1.98 billion rupees, up from 1.70 billion rupees in 2025. Despite the increase in distribution, administrative, and other expenses, the company achieved a profit from operations of 1.08 billion rupees.

According to information available from the Pakistan Stock Exchange (PSX), the finance cost decreased to 780.13 million rupees from 1.17 billion rupees in the prior year, leading to a profit before taxation of 78.81 million rupees, compared to a loss of 584.54 million rupees in 2025. After accounting for taxation, the company recorded a profit of 52.70 million rupees, translating to earnings per share of 0.53 rupees.

The comprehensive income for the year, including a substantial revaluation surplus on fixed assets and fair value adjustments on investments, amounted to 2.71 billion rupees, compared to 1.34 billion rupees in 2025. The company's total equity has grown to 15.44 billion rupees by the fiscal year's end.

This report places Crescent Textile Mills within the financial services market category, reflecting its operational and financial performance for the concluded fiscal year.