Rawalpindi: Janana De Malucho Textile Mills Ltd. has reported a significant decrease in revenue and persistent losses for the three-month period ending September 30, 2025, as indicated in its Condensed Interim Statement of Profit or Loss and Other Comprehensive Income. The financial disclosures, which were reviewed by the Board of Directors on October 28, 2025, revealed a sharp downturn in sales and profitability compared to the same period last year.

The company's sales plummeted to 11.81 million rupees, a stark contrast from 827.83 million rupees during the equivalent quarter in 2024. This drop in sales contributed to a gross loss of 47.21 million rupees, an improvement from the previous year's gross loss of 102.58 million rupees. Cost of sales was reported at 59.02 million rupees, down from 930.41 million rupees in the prior year.

Administrative expenses saw a notable reduction, recorded at 8.21 million rupees compared to 30.54 million rupees in 2024. Distribution costs were significantly reduced to 12,000 rupees from 16.93 million rupees. The company's finance costs also decreased to 38.12 million rupees from 87.36 million rupees the previous year.

The company reported a loss from operations amounting to 55.43 million rupees, a decrease from 98.11 million rupees in the prior year. The loss before income tax was 93.70 million rupees, improving from the loss of 195.82 million rupees reported in the same period last year. After accounting for income taxes, the total comprehensive loss for the quarter was 93.70 million rupees, compared to a loss of 161.27 million rupees in the previous year.

According to information available from the Pakistan Stock Exchange (PSX), the financial performance of Janana De Malucho Textile Mills Ltd. indicates a very large or significant move in terms of both sales and losses when compared to the previous year. The earnings per share reflected a loss of 13.55 rupees, an improvement from the 23.32 rupees per share loss in 2024.

The company's current assets stood at 345.85 million rupees, down from 425.61 million rupees as of June 30, 2025. Total assets were reported at 7.28 billion rupees, a decrease from 7.39 billion rupees at the end of the previous quarter. Meanwhile, shareholders' equity declined to 5.19 billion rupees from 5.28 billion rupees.

The Board of Directors did not recommend any cash dividends, bonus shares, or right shares for the period. The company has also not undertaken any other entitlement or corporate action. The financial results will be transmitted through PUCARS in accordance with regulatory requirements.

This financial snapshot underscores the challenges faced by Janana De Malucho Textile Mills Ltd. in a period marked by declining sales and continued operational losses.