Nankana Sahib: In a recent meeting held on April 27, 2026, the Board of Directors of Shadman Cotton Mills Limited approved the un-audited financial results for the nine months and quarter ending March 31, 2026. Despite achieving a net turnover of 474.98 million rupees for the nine-month period, the company reported a loss after taxation of 26.68 million rupees, marking a stark decline from a profit of 3.70 million rupees during the same period last year.

The company’s financials reveal that the cost of sales surged to 513.89 million rupees, resulting in a gross loss of 38.92 million rupees for the nine-month period. Administrative and general expenses were reduced to 29.75 million rupees from 59.37 million rupees in the previous year, while selling and distribution expenses dropped to 2.60 million rupees from 12.33 million rupees. This was coupled with other expenses amounting to 33.76 million rupees, contributing to the company’s overall loss.

According to information available from the Pakistan Stock Exchange (PSX), Shadman Cotton Mills Limited’s financial performance for the quarter ending March 31, 2026, showed a profit before taxation of 32.61 million rupees, in contrast to a profit of 13.22 million rupees in the previous year. The company’s operating profit for the quarter was recorded at 1.16 million rupees, slightly up from 1.10 million rupees in the same quarter last year. However, finance costs were marginally higher at 8,672 rupees, compared to 888,180 rupees last year.

On the balance sheet, the company’s equity and liabilities totaled 1.37 billion rupees as of March 31, 2026, down from 1.44 billion rupees recorded on June 30, 2025. The company’s total equity stood at 812.79 million rupees, while non-current liabilities amounted to 257.45 million rupees. Current liabilities decreased to 303.57 million rupees from 352.88 million rupees.

The company’s assets were valued at 1.37 billion rupees, with non-current assets accounting for 1.10 billion rupees. Current assets slightly decreased to 276.95 million rupees from 285.07 million rupees. Short-term investments were valued at 122.50 million rupees, and cash and bank balances were reported at 512,459 rupees.

Shadman Cotton Mills Limited’s financial results indicate significant challenges, with increased costs impacting profitability. The company’s management has not recommended any cash dividend, bonus shares, or right shares for the period, signaling a cautious approach amid financial uncertainties.