Karachi: Zephyr Textile Ltd., a key player in the textile industry, has released its unaudited financial statement for the quarter ending September 30, 2026, showcasing a steady financial position amidst challenging economic conditions. On November 2, 2026, the company reported its financials, indicating a series of moderate movements and strategic financial adjustments.
The company's total assets as of September 30, 2026, amounted to 7.39 billion rupees, reflecting a moderate move compared to the 7.18 billion rupees reported on June 30, 2026. This increase is primarily attributed to the augmentation of current assets, which rose to 4.45 billion rupees from 4.20 billion rupees. A notable increase in trade debts, which soared to 1.46 billion rupees from 1.14 billion rupees, contributed significantly to the asset growth.
According to information available from the Pakistan Stock Exchange (PSX), Zephyr Textile Ltd. saw a slight decrease in non-current assets, totaling 2.92 billion rupees from 2.95 billion rupees, reflecting a minor move. The company's approach to managing its capital work in progress and intangible assets remained unchanged during this period.
In the liabilities segment, Zephyr Textile Ltd. reported a total equity and liability figure mirroring the total assets, standing at 7.39 billion rupees. This indicates a stable financial structure with a slight increase in current liabilities to 4.40 billion rupees from 4.21 billion rupees, including a rise in creditors, accrued, and other liabilities to 2.17 billion rupees from 1.99 billion rupees.
The profit and loss account for the first quarter ending September 30, 2026, revealed a sales figure of 2.33 billion rupees, marking a very large or significant move from the 1.96 billion rupees reported in the same quarter of the previous year. Despite this, the gross profit witnessed a minor increase to 237.48 million rupees from 233.70 million rupees. The operating profit stood at 72.41 million rupees, down from 85.34 million rupees, while profit after taxation experienced a significant decline to 3.53 million rupees from 9.41 million rupees.
Zephyr Textile Ltd. reported earning per share figures of 0.06 rupees, a notable decrease from the 0.16 rupees reported during the same period last year, highlighting a challenging period for the company's profitability.
As the company navigates through these financial shifts, it continues to maintain a strong presence in the market category, focusing on strategic financial management to ensure sustainability and growth amidst the economic fluctuations.