Karachi: Suraj Cotton Mills Limited has reported its un-audited financial results for the quarter ended September 30, 2026, revealing a decline in revenue but a notable increase in profit. According to the report released on October 29, 2026, the company witnessed a decrease in revenue from contracts with customers, totaling 5.68 billion rupees, down from 6.49 billion rupees in the same period last year. This shift represents a very large or significant move in revenue figures.

Despite the downturn in revenue, Suraj Cotton Mills achieved a gross profit of 652.24 million rupees, surpassing the previous year's figure of 488.48 million rupees. The company also saw its profit from operations increase to 616.62 million rupees, compared to 607.49 million rupees in the prior year. Administrative expenses were slightly reduced, while distribution and other expenses increased, totaling 196.61 million rupees compared to 184.06 million rupees last year.

Other income fell to 160.99 million rupees from 303.07 million rupees, contributing to a profit before taxation of 570.29 million rupees, an increase from 541.06 million rupees. Finance cost was recorded at 34.35 million rupees, down from 39.25 million rupees, while levy expenses decreased to 11.98 million rupees from 27.19 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), Suraj Cotton Mills' profit after taxation rose to 451.05 million rupees, a big move from the previous year’s 396.50 million rupees. The company's earnings per share also saw an improvement, increasing to 9.24 rupees from 8.12 rupees, marking a significant advancement in shareholder value.

The textile industry's dynamics, with fluctuations in revenue and cost management strategies, continue to impact Suraj Cotton Mills' financial performance in the designated market category.