Karachi: Mahmood Textile Mills Ltd. has reported its financial results for the fiscal year ending November 19, 2025, highlighting a significant increase in earnings per share (EPS) despite a decline in net sales. The company's net sales for FY25 amounted to PKR 57 billion, a decrease from PKR 66.58 billion in FY24. However, the EPS rose sharply from 8.32 to 32.60, marking a 291% increase.
The company's financial performance also showcased a gross profit of PKR 7.9 billion, corresponding to a 13.8% gross margin for FY25. This reflects a moderate move compared to the previous fiscal year. Net profit percentage remained steady at 1.7%, showing no change from the previous year.
According to information available from the Pakistan Stock Exchange (PSX), Mahmood Textile Mills Ltd. has made significant strides in renewable energy and sustainable practices. The company has achieved a renewable energy capacity of 17.6 MW and obtained LEED Gold certifications. The initiation of an Organic Cotton Traceability Program and comprehensive CSR and women empowerment initiatives underscore the company's commitment to responsible business and ESG leadership.
In the first quarter of FY26, the company reported net sales of PKR 14.77 billion and a gross profit of PKR 2.04 billion. Shareholders' equity rose to PKR 18.70 billion from the previous year's PKR 18.45 billion.
The company's total assets increased to PKR 60.34 billion, while interest coverage improved to 2.18 times from 1.87 times in the prior year. Despite the challenges posed by declining net sales, Mahmood Textile Mills Ltd. continues to focus on sustainable growth and technological advancements across its production lines.