GATM · Gul Ahmed Textile Mills Limited
Gul Ahmed Textile Mills Annual Financial Results FY2026
Official PSX filing title: TRANSMISSION OF ANNUAL REPORT FOR THE YEAR ENDED 30-06-2026
- Filed
- 21 October 2026 at 9:53 am
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
Executive summary
Gul Ahmed Textile Mills Limited reported its annual financial results for the year ended June 30, 2026, recording net sales of Rs. 131.09 billion and a net loss after tax of Rs. 923 million, largely impacted by the planned exit from the Export Apparel segment and under-absorption in spinning due to idle capacity. The Board did not recommend any dividend for the year.
Key takeaways
- Net sales for the year ended June 30, 2026, declined 16.98% YoY to PKR 131,090 million compared to PKR 157,905 million in FY2025.
- The company recorded a net loss after tax of PKR 923 million for FY2026 against a profit of PKR 4,023 million in the previous year, with basic EPS dropping to a loss of PKR (1.24) per share.
- Profit before tax from continuing operations stood at PKR 1,791 million (FY2025: PKR 7,776 million), while continuing operations yielded a nominal profit after tax of PKR 28 million.
- The board of directors did not recommend any dividend for the financial year ended June 30, 2026, owing to the reported loss.
- Operating results were significantly affected by the closure of the Export Apparel segment, which recorded a loss after tax of PKR 950 million within discontinued operations.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR '000
Reporting period
Year
- Income
- 131,090,056 (prior 157,904,719)
- Profit after tax
- -922,603 (prior 4,022,774)
- EPS
- -1.24 (prior 5.43)
- The Board decided not to recommend a dividend for the year ended June 30, 2026, in view of the loss for the year.
- Re-appointment of M/s Yousuf Adil, Chartered Accountants, as external auditors for the ensuing year, subject to shareholder approval.
Dividend and entitlement
- Type
- None
- Notes
- The document only mentions the transmission of annual financial statements and does not declare any dividends, bonus shares, or rights.
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Please cross-check with the official PSX filing before making an investment decision.