Faisalabad: J.K. Spinning Mills Limited, a prominent player in the textile industry, released its un-audited financial results for the year ended September 30, 2025, during a board meeting held on October 30, 2025, at the company’s head office in Faisalabad. The board announced that no cash dividend, bonus shares, or right shares would be distributed, and no other corporate actions were proposed.
According to the financial statements, the company reported a total equity of 14.35 billion rupees as of September 30, 2025, showing stability from the 14.04 billion rupees recorded three months earlier. The revenue for the quarter ended September 30, 2025, reached 10.38 billion rupees, reflecting a notable increase from the 10.03 billion rupees reported in the same period last year. This increase in revenue contributed to a gross profit of 1.40 billion rupees, slightly up from the previous year's 1.38 billion rupees.
Finance costs exhibited a significant move, decreasing to 377.86 million rupees from the previous year's 578.39 million rupees, aiding in the improvement of the profit before taxation, which rose to 423.01 million rupees compared to 205.18 million rupees in the previous year. The company’s profit after taxation for the quarter stood at 307.75 million rupees, a rise from 205.18 million rupees in the corresponding quarter of the previous year, leading to an earnings per share of 3.01 rupees, an increase from last year's 2.01 rupees.
According to information available from the Pakistan Stock Exchange (PSX), the company’s total liabilities increased to 18.90 billion rupees from 17.97 billion rupees at the end of June 2025. The liabilities included both non-current and current liabilities, with the latter comprising trade and other payables and short-term borrowings.
The company's total assets also saw growth, reaching 33.25 billion rupees, compared to 32.01 billion rupees at the end of June 2025. This increment was primarily driven by current assets, which include stock-in-trade and trade debts, indicating an operational expansion.
The market awaits the transmission of the company's quarterly accounts through the Pakistan Unified Corporate Action Reporting System (PUCARS), which will provide further insights into J.K. Spinning Mills’ financial health in the upcoming period.