Multan: Mahmood Textile Mills Limited, a key player in the textile sector, has announced its financial results for the fiscal year ending June 30, 2025. The results reveal a significant contraction in both sales and net profit, as disclosed in a statement following the Board of Directors’ meeting held on October 6, 2025, at Mehr Manzil, Lohari Gate, Multan.
The company’s sales for the year amounted to 57.07 billion rupees, representing a drop from the previous year’s figure of 66.58 billion rupees. This decline in sales led to a gross profit of 7.96 billion rupees, down from 9.73 billion rupees in 2024. The financial results highlight an operating profit of 5.23 billion rupees, compared to 6.85 billion rupees in the previous year.
Operating expenses saw a reduction, with distribution costs decreasing to 1.41 billion rupees from 1.68 billion rupees and administrative expenses slightly rising to 1.33 billion rupees from 1.20 billion rupees. The finance cost for the year was 4.11 billion rupees, down from 5.63 billion rupees, contributing to a more favorable profit before levy and taxation, recorded at 1.53 billion rupees compared to 1.37 billion rupees the previous year.
According to information available from the Pakistan Stock Exchange (PSX), Mahmood Textile Mills reported a net profit of 978.07 million rupees, a significant increase from 249.54 million rupees in 2024. Earnings per share saw a notable increase to 32.60 rupees from 8.32 rupees, reflecting the impact of the company’s financial strategies.
The board also announced that there would be no cash dividend, bonus issue, or right shares for the year, maintaining a consistent approach with no entitlements or corporate actions recommended. The upcoming Annual General Meeting is scheduled for October 28, 2025, at the company’s registered office in Multan, with the share transfer books closing from October 21 to October 28, 2025.
Mahmood Textile Mills’ assets were valued at 57.35 billion rupees as of June 30, 2025, compared to 55.03 billion rupees in 2024, with non-current assets accounting for 25.74 billion rupees and current assets at 22.98 billion rupees. The company’s shareholders’ equity stood at 18.45 billion rupees, illustrating a stable financial foundation.
Despite the challenging year, Mahmood Textile Mills continues to navigate the textile industry’s fluctuations, as reflected in their financial performance for 2025. The company’s focus remains on maintaining operational efficiency and exploring growth opportunities within the sector.