Karachi: Mahmood Textile Mills Limited has released its financial results for the first quarter ended September 30, 2026, revealing notable growth in both revenue and net profit. The company reported gross sales of 15.05 billion rupees, a rise from 13.04 billion rupees during the same period last year. After accounting for sales tax, net sales stood at 13.07 billion rupees, compared to 11.28 billion rupees in the previous year.

The cost of sales reached 11.41 billion rupees, resulting in a gross profit of 1.66 billion rupees, up from 1.52 billion rupees in the corresponding quarter of the prior year. Operating expenses were reduced to 442.32 million rupees from last year's 495.85 million rupees, contributing to an operating profit of 1.21 billion rupees, compared to 1.02 billion rupees in the previous year.

Finance costs increased to 776.14 million rupees from last year's 690.54 million rupees, while other expenses slightly decreased. Despite this, the company reported a profit before levy and taxation of 455.93 million rupees, an improvement from 358.21 million rupees the previous year.

According to information available from the Pakistan Stock Exchange (PSX), Mahmood Textile Mills Limited's net profit for the period stood at 230.69 million rupees, showing a significant move from 217.10 million rupees in the same period last year. The earnings per share increased to 9.36 rupees from 7.24 rupees.

The company's financial performance indicates a positive trajectory in terms of revenue generation and profitability, reflecting its operational efficiency and effective cost management strategies.