Lahore: Kohinoor Textile Mills Limited has reported a substantial increase in profit despite a decline in sales for the financial year 2026. The company's corporate briefing session revealed key financial metrics, illustrating noteworthy gains and setbacks across various categories.

The report, dated October 8, 2026, outlined that the company's sales dropped from 59,414 million rupees in FY25 to 58,340 million rupees in FY26, marking a 2% decline, categorized as a very large or significant move. Despite this fall in sales, the gross profit saw a slight increase, rising from 9,802 million rupees to 9,920 million rupees, reflecting a minor move of 1%.

Operating profit experienced a downturn, decreasing by 14% from the previous year's 7,416 million rupees to 6,344 million rupees. However, a significant reduction in finance costs, which plummeted by 52% to 1,352 million rupees, contributed positively to the company's financial health.

According to information available from the Pakistan Stock Exchange (PSX), Kohinoor Textile Mills recorded an 8% increase in profit before tax, reaching 4,992 million rupees from 4,618 million rupees in FY25. This moderate move was accompanied by a notable decrease in taxation, which shifted from a liability of 1,868 million rupees to a credit of 40 million rupees, signifying a very large or significant move of -102%.

These financial adjustments culminated in a remarkable increase in profit after tax, soaring by 83% to 5,031 million rupees from the previous year's 2,750 million rupees, classified as a very large or significant move. Additionally, the company's cash profit surged by 57%, reaching 6,672 million rupees compared to 4,238 million rupees in FY25.

Kohinoor Textile Mills' performance reflects both the challenges and opportunities within the textile sector, as the company navigates fluctuating sales alongside effective cost management strategies.