Karachi: Shahzad Textile Mills Limited has reported a significant increase in net profit for the fiscal year ending June 30, 2026, as evidenced by the company's annual report released on October 8, 2026. The textile manufacturer recorded a net profit of 257.40 million rupees, up from 158.03 million rupees in the previous year, marking a very large move in profitability.
The company's sales reached 12.34 billion rupees, up from 11.37 billion rupees in 2025. This indicates a noteworthy performance in the textile sector, categorized under the designated market category of manufacturing. The increase in sales resulted in a gross profit of 1.06 billion rupees, compared to 695.21 million rupees in the previous fiscal year.
Despite the rise in operating expenses, which totaled 572.48 million rupees compared to 504.65 million rupees last year, the company achieved an operating profit of 486.45 million rupees, a substantial improvement over the 190.56 million rupees reported in 2025.
According to information available from the Pakistan Stock Exchange (PSX), Shahzad Textile Mills Limited also experienced a reduction in finance costs, which decreased to 88.45 million rupees from 117.88 million rupees. However, other operating expenses rose to 59.22 million rupees from 18.71 million rupees.
The company's profit before levy and taxation amounted to 456.57 million rupees, up from 351.23 million rupees, reflecting a big move in pre-tax profitability. After accounting for levy and final taxation of 104.74 million rupees, the profit before taxation stood at 351.83 million rupees, compared to 279.93 million rupees in the previous year.
Taxation expenses decreased to 94.42 million rupees from 121.90 million rupees last year, further boosting the net profit figures. The earnings per share rose to 14.32 rupees from 8.79 rupees, underscoring the company's improved financial performance.
The report highlights the company's robust growth trajectory in the competitive textile industry, driven by increased sales and effective cost management.