Lahore: Khalid Siraj Textile Mills Limited has presented its financial results for the fiscal year ending June 30, 2026, showing a marked improvement in its financial performance, according to a report released on October 5, 2026.

In a meeting held on October 3, 2026, the Board of Directors approved the annual financial statements, which revealed a turnaround from a loss of 19.32 million rupees in 2025 to a profit of 19.57 million rupees in 2026. However, the board did not recommend any cash dividends, bonus shares, or rights shares for the period.

The company's statement of financial position indicates total equity and liabilities amounting to 464.16 million rupees as of June 30, 2026, up from 303.06 million rupees the previous year. The increase is attributed primarily to a substantial rise in non-current assets, with property, plant, and equipment valued at 454.17 million rupees compared to 293.12 million rupees in 2025.

Share capital remained steady at 107 million rupees, while accumulated losses decreased significantly from 399.20 million rupees to 360.67 million rupees, reflecting the company's improved financial health. The surplus on revaluation of property, plant, and equipment saw a considerable increase, reaching 331.27 million rupees from 214.95 million rupees, a very large move of 54.04%.

According to information available from the Pakistan Stock Exchange (PSX), the company's current liabilities have decreased from 186.62 million rupees to 145.36 million rupees, largely due to a reduction in trade and other payables, which fell from 77.34 million rupees to 36.08 million rupees.

The profit and loss statement highlights a significant contribution from other operating income, totaling 45.15 million rupees, which played a crucial role in the company's financial recovery. Despite a moderate move in administrative and general expenses, which decreased to 2.85 million rupees from 3.26 million rupees, other operating expenses increased to 30.36 million rupees from 21.25 million rupees.

The financial results showcase a notable turnaround for Khalid Siraj Textile Mills Limited, marking a return to profitability after a challenging previous fiscal year. The company's loss per share of 1.81 rupees in 2025 has transformed into earnings per share of 1.83 rupees for the year ended June 30, 2026.