Lahore: Khalid Siraj Textile Mills Limited announced its financial results for the year ending June 30, 2025, reflecting a challenging fiscal period marked by a net loss. The company's board of directors, in a meeting held on October 3, 2025, confirmed that no dividends or bonus shares would be distributed to shareholders for this financial year.

The audited financial statements reveal an accumulated loss of Rs. 399.20 million, a deterioration from the previous year's Rs. 392.76 million. Additionally, the company's surplus on revaluation of property, plant, and equipment decreased to Rs. 214.95 million from Rs. 227.84 million. The total equity stood at a negative Rs. 77.24 million, compared to the previous year's negative Rs. 57.92 million.

The company, which operates within the textile sector, recorded a total comprehensive loss of Rs. 19.32 million for the year ended June 30, 2025, compared to a loss of Rs. 13.72 million in the previous year. This downturn in performance was primarily attributed to increased administrative and selling expenses, along with other operating expenses totaling Rs. 24.59 million.

According to information available from the Pakistan Stock Exchange (PSX), Khalid Siraj Textile Mills Limited has maintained its issued, subscribed, and paid-up share capital at Rs. 107 million, with no changes in authorized share capital. Despite a static share capital structure, the company's financial liabilities saw a minor increase, with long-term finances rising to Rs. 153.90 million from Rs. 149.98 million.

The upcoming Annual General Meeting is scheduled for October 28, 2025, at the company's registered office in Lahore, where members will likely scrutinize the financial strategies amid this financial strain. The share transfer books will be closed from October 21 to October 28, 2025, with transfers completed by October 20, 2025, deemed eligible for dividend entitlement and AGM participation.

The company's financial position underscores the difficult economic environment faced by the textile industry, as reflected in the unchanged loss per share of Rs. 1.81 for the current fiscal year. The Annual Report will be made available to shareholders via PUCARS at least 21 days before the AGM, providing further insights into the company's fiscal performance and future strategies.