Lahore: Nishat (Chunian) Limited has reported a significant rise in its financial performance for the quarter ending September 30, 2026, marking a notable improvement in its profitability metrics compared to the same period last year. The textile industry company, listed on the Pakistan Stock Exchange, disclosed its financial results in a report dated October 21, 2026.
The company’s revenue for the quarter increased to 23.99 billion rupees from 22.91 billion rupees recorded in the corresponding period of 2025. This growth in revenue translated into a gross profit of 3.13 billion rupees, up from 2.60 billion rupees, reflecting the company's improved operational efficiency.
Despite a rise in operating expenses to 1.03 billion rupees from 702.30 million rupees, the company achieved a profit from operations of 2.92 billion rupees, a significant increase from the previous year's 2.00 billion rupees. This improvement is attributed to an increase in other operating income, which stood at 825.14 million rupees compared to 108.81 million rupees last year.
Finance costs reduced to 923.77 million rupees from 1.19 billion rupees, contributing to a profit before levy and taxation of 2.00 billion rupees, up from 809.55 million rupees. After accounting for taxation of 410.68 million rupees, the company recorded a profit after taxation of 1.59 billion rupees, a very large move from the 522.43 million rupees reported in the previous year.
According to information available from the Pakistan Stock Exchange (PSX), Nishat (Chunian) Limited's earnings per share saw a big move, reaching 6.63 rupees compared to 2.18 rupees in the same period last year, highlighting a robust financial performance.
On the balance sheet, total assets decreased to 76.62 billion rupees from 78.45 billion rupees as of June 30, 2026. The reduction in total assets was primarily due to a decline in current assets, which fell to 50.26 billion rupees from 51.70 billion rupees. Non-current assets also saw a marginal decline.
Equity rose to 24.66 billion rupees from 23.07 billion rupees, driven by an increase in reserves, which stood at 22.26 billion rupees compared to 20.67 billion rupees previously. Liabilities decreased to 51.96 billion rupees from 55.38 billion rupees, with reductions seen in both non-current and current liabilities.
Nishat (Chunian) Limited's latest financial results indicate a strong performance amid market challenges, positioning the company favorably within its designated market category on the Pakistan Stock Exchange.