Lahore: Nishat Mills Limited announced its financial results for the first quarter ended September 30, 2026, with the company reporting a significant increase in profit, according to a report dated October 30, 2026.

Nishat Mills' revenue for the quarter rose to 52.37 billion rupees, up from 45.01 billion rupees in the same period last year. The company's cost of sales was reported at 46.04 billion rupees, compared to 40.06 billion rupees in 2025, resulting in a gross profit of 6.33 billion rupees.

The distribution cost increased to 2.89 billion rupees from 2.18 billion rupees, while administrative expenses rose to 1.02 billion rupees from 783.67 million rupees. Other expenses were reported at 79.21 million rupees, up from 46.65 million rupees.

Despite these increased costs, the company achieved a profit from operations of 4.19 billion rupees, compared to 3.49 billion rupees in the prior year. Other income for the quarter was registered at 1.86 billion rupees, up from 1.54 billion rupees last year.

According to information available from the Pakistan Stock Exchange (PSX), Nishat Mills' profit before taxation and levy was 2.38 billion rupees, a substantial rise from 1.76 billion rupees in the previous year. After accounting for a levy of 589.02 million rupees, the profit before taxation stood at 1.79 billion rupees.

Taxation for the quarter decreased to 213.88 million rupees from 470.24 million rupees. Consequently, the profit after taxation was reported at 1.58 billion rupees, marking a very large or significant move from 772.34 million rupees recorded in the same period last year. Earnings per share for the period also demonstrated a noteworthy growth, reaching 4.48 rupees compared to 2.20 rupees in the previous year.

Nishat Mills Limited operates within the textile and apparel sector, a key industry in the region.