Karachi: Gadoon Textile Mills Limited has released its financial disclosures for the year ending June 30, 2026, as mandated under the Companies Act, 2017, with amendments introduced in 2024. The report, dated September 21, 2026, addresses the company's compliance with Shariah principles in its financial transactions and investments.

The report outlines the company's financial position on both the liability and asset sides, detailing financing obtained through Islamic modes and any interest or mark-up accrued on conventional loans. In the financial year ending June 30, 2026, the company's financing liabilities amounted to 21.93 billion rupees, up from 11.50 billion rupees the previous year, indicating a very large move. The accrued interest or mark-up on conventional loans was reported at 58,181 rupees, a significant decrease from 325,086 rupees in 2025.

On the asset side, Gadoon Textile Mills Limited reported Shariah-compliant investments totaling 6.93 billion rupees, reflecting a minor move from 6.52 billion rupees in 2025. Shariah-compliant bank deposits, balances, and TRDs were recorded at 75.99 billion rupees, compared to 70.98 billion rupees the previous year.

The company's statement of comprehensive income highlighted revenue from Shariah-compliant business segments. Profits earned from Shariah-compliant bank deposits reached 1.67 billion rupees, a significant increase from 765.34 million rupees in 2025, marking a very large move. In contrast, the total interest earned on conventional loans was reduced to 26,809 rupees from 72,539 rupees, indicating a very large move in the opposite direction.

According to information available from the Pakistan Stock Exchange (PSX), Gadoon Textile Mills Limited's financial disclosures include other sources of income, such as exchange gains and profits from financial assets. The company reported an exchange gain of 118,253 rupees, a significant recovery from a previous loss of 140,021 rupees. Income from mutual funds was reported at 858,197 rupees, while income on bank deposits stood at 136,351 rupees. Additionally, the company recorded gains from the disposal of non-current assets held for sale.

The report also enumerated the company's relations with Shariah-compliant financial institutions, including Faysal Bank Limited, Meezan Bank Limited, and Bank Islami Pakistan Limited, among others, highlighting the company's emphasis on maintaining Shariah-compliant financial practices.