Karachi: Shahtaj Textile Limited's Board of Directors has endorsed a cash dividend of 115% at Rs. 11.50 per share, as reported on September 24, 2026. The financial results for the fiscal year ending June 30, 2026, reveal a notable increase in profitability and operational efficiency.

The company's revenue from contracts with customers decreased to Rs. 5.997 billion from the previous year's Rs. 6.620 billion, resulting in a very large or significant move of -9.41%. However, the cost of goods sold also saw a reduction to Rs. 5.228 billion from Rs. 5.972 billion, representing a big move of -12.47%. Consequently, the gross profit improved to Rs. 768.931 million from Rs. 647.734 million, marking a significant increase.

Operating expenses saw varied changes. Distribution expenses were slightly reduced from Rs. 108.088 million to Rs. 107.441 million, indicating a minor move. In contrast, administrative expenses rose to Rs. 193.304 million from Rs. 178.156 million, a moderate move. Other operating expenses showed a significant increase from Rs. 16.203 million to Rs. 71.680 million.

Finance costs reduced notably to Rs. 133.190 million from Rs. 189.308 million, a big move. Despite these challenges, the company's profit before levies and taxation rose to Rs. 279.303 million from Rs. 199.759 million, and the profit for the year climbed to Rs. 191.489 million from Rs. 110.983 million, marking a very large or significant move of 72.51%.

According to information available from the Pakistan Stock Exchange (PSX), Shahtaj Textile Limited's earnings per share increased to Rs. 19.82 from Rs. 11.49, reflecting the company's robust financial performance.

The company's balance as of June 30, 2026, showed an increase in total capital from Rs. 2.370 billion to Rs. 2.511 billion. The comprehensive income for the year was Rs. 194.012 million, bolstered by the profit for the year and other comprehensive income. The board has also transferred Rs. 40 million to the general reserve and declared a final dividend for the year ended June 30, 2025, at Rs. 5.50 per share.

Shahtaj Textile Limited will transmit its yearly report through PUCARS separately within the designated timeline, providing further insights into its financial health and strategies for the future.