Karachi: Karam Ceramics Limited has announced its financial results for the first quarter ending on September 30, 2026, revealing a significant downturn in revenue and an increased net loss compared to the same period last year.
The company reported a revenue of 109.79 million Pakistani Rupees for the first quarter of 2026, marking a very large or significant move from the 160.69 million Pakistani Rupees recorded in September 2025. The decrease in revenue comes amid rising costs of sales, which increased to 182.39 million Pakistani Rupees from 172.76 million Pakistani Rupees in the corresponding quarter of the previous year.
Consequently, Karam Ceramics posted a gross loss of 72.59 million Pakistani Rupees, a substantial increase from the gross loss of 12.06 million Pakistani Rupees in the same quarter last year. The company's selling and distribution expenses decreased to 995,704 Pakistani Rupees, compared to 4.15 million Pakistani Rupees, while administrative expenses were reduced to 3.11 million Pakistani Rupees from 8.14 million Pakistani Rupees.
Operating loss for the quarter stood at 76.70 million Pakistani Rupees, compared to 24.36 million Pakistani Rupees in September 2025. Although other income saw a significant boost to 11.40 million Pakistani Rupees from 122,964 Pakistani Rupees, finance costs were reduced to 2,070 Pakistani Rupees from 297,845 Pakistani Rupees.
According to information available from the Pakistan Stock Exchange (PSX), the company's loss before levy and income tax was reported at 65.30 million Pakistani Rupees, compared to 24.53 million Pakistani Rupees in the prior year. Additionally, the levy decreased to 1.37 million Pakistani Rupees from 2.01 million Pakistani Rupees.
Overall, Karam Ceramics recorded a loss after taxation of 66.67 million Pakistani Rupees, a significant increase from the 26.54 million Pakistani Rupees loss reported in the first quarter of 2025. The loss per share, both basic and diluted, rose to 4.16 Pakistani Rupees from 1.82 Pakistani Rupees.
The designated market category for this announcement is the ceramic industry sector.