Karachi: Suhrays Textile Mills Ltd. has released its financial results for the fiscal year ending June 30, 2025, indicating a decrease in profits and a challenging operating environment characterized by increased costs. The company’s board met on October 6, 2025, in Karachi to discuss the financials, ultimately deciding not to declare any dividends or corporate actions.

The company reported revenue of 19.26 billion rupees for 2025, slightly down from the previous year’s 20.15 billion rupees. The cost of sales accounted for 17.75 billion rupees, leading to a gross profit of 1.50 billion rupees, showing a decline from last year’s 1.60 billion rupees. Administrative expenses and finance costs continued to pressure the bottom line, reducing the net profit to 76.62 million rupees, a notable decrease from the prior year’s 177.19 million rupees. Earnings per share fell to 3.70 rupees from 8.56 rupees.

According to information available from the Pakistan Stock Exchange (PSX), the company’s assets increased to 20.11 billion rupees from 15.42 billion rupees in 2024, with significant growth in trade debts and short-term investments. However, current liabilities rose sharply to 7.68 billion rupees from 4.02 billion rupees, reflecting increased trade payables and short-term borrowings.

Despite the financial challenges, Suhrays Textile Mills managed to generate 1.30 billion rupees in net cash from financing activities, largely driven by new short-term borrowings totaling 1.32 billion rupees. The company’s cash and cash equivalents, however, showed a decline, ending the year in a negative position of 2.07 billion rupees.

The 34th Annual General Meeting is scheduled for October 28, 2025, in Karachi, with share transfer books closing from October 22 to October 28. The annual report will be made available through PUCARS at least 21 days before the meeting.