Quetta: Quetta Textile Mills Limited has released its financial results for the quarter ended September 30, 2026, reporting an increase in sales alongside sustained losses, primarily due to rising costs of sales. The company, categorized under the designated market category of textile manufacturing, reported its financial performance on October 29, 2026.

Sales for the quarter rose to 426.30 million rupees from 255.86 million rupees in the same period last year, marking a notable increase. However, the cost of sales increased significantly to 570.98 million rupees from 437.34 million rupees, leading to a gross loss of 144.69 million rupees, a decrease from the previous year's loss of 181.48 million rupees.

The company also reported other income of 14.33 million rupees, up from 618,096 rupees last year, contributing to a reduced operating loss of 130.35 million rupees, compared to 180.86 million rupees in the prior year.

Operating expenses saw a mixed trend. Distribution costs slightly increased to 543,319 rupees from 365,008 rupees, while administrative expenses decreased to 5.40 million rupees from 8.62 million rupees. Finance costs were reduced to 131,298 rupees from 1.56 million rupees. Overall, these changes resulted in total expenses of 6.07 million rupees, down from 10.54 million rupees the previous year.

The loss before income tax was reported at 136.43 million rupees, compared to a loss of 191.40 million rupees in the same quarter last year. Income tax expenses increased to 5.33 million rupees from 3.20 million rupees, resulting in a net loss for the period of 141.75 million rupees, improved from the previous year's loss of 194.60 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), the company's loss per share - basic and diluted - stood at 10.90 rupees, reduced from 14.97 rupees in the same quarter the previous year.

These results highlight the company's struggle to manage rising costs despite increased sales, demonstrating the challenges faced by Quetta Textile Mills Limited in the current economic environment.