Karachi: J. A. Textile Mills Ltd. has released its financial results for the year ended June 30, 2026, highlighting a robust financial position with notable changes in asset composition and liabilities. The financial statement was officially reported on October 7, 2026.
The company's total assets amounted to approximately 1.26 billion rupees, a slight increase from the previous year's 1.25 billion rupees. This increase is primarily attributed to the growth in non-current assets, which rose to 940.49 million rupees from 874.28 million rupees, driven by investments in property, plant, and equipment.
Current assets, however, experienced a decline, standing at 321.66 million rupees compared to 377.28 million rupees in the previous year. This reduction is evident in the stock in trade, which decreased significantly to 81.31 million rupees from 175.84 million rupees, and a drop in trade debts to 29.14 million rupees from 32.68 million rupees. Cash and bank balances, however, saw an increase, reaching 124.34 million rupees from 86.21 million rupees, contributing positively to the liquidity position.
On the equity and liabilities side, the firm reported accumulated losses of 86.50 million rupees, a considerable improvement from the previous year's 140.42 million rupees. The surplus on revaluation of property, plant, and equipment decreased to 479.84 million rupees from 498.44 million rupees, reflecting a reduction in asset revaluation surplus.
According to information available from the Pakistan Stock Exchange (PSX), the company's loan from related parties surged significantly to 245.20 million rupees from 160.79 million rupees, indicating a strategic move in managing its funding requirements. The deferred taxation liability reduced to 137.04 million rupees from 145.81 million rupees, while current liabilities decreased to 360.54 million rupees from 460.91 million rupees, showing a substantial shift in the company's financial obligations.
J. A. Textile Mills Ltd. operates within the designated market category of textile manufacturing, and these financial outcomes point towards strategic financial management and operational adjustments, reflecting the company's response to market conditions and internal financial strategies for the fiscal year 2026.