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GUTM · Gulistan Textile Mills Limited

Transmission of Annual Audited Accounts 30-06-2026

Filed
8 October 2026 at 8:00 am
Category
Financials
Sentiment
Bad
Impact
High

AI executive summary

Gulistan Textile Mills Limited reported its annual audited financial statements for the year ended June 30, 2026, recording a net loss after taxation of PKR 40.95 million (EPS of PKR -2.16). The company operates on a non-going concern basis under a Scheme of Arrangement with secured creditors, with all manufacturing facilities having been disposed of.

Key takeaways

  • Loss after taxation for the year ended June 30, 2026, stood at PKR 40,950,757 compared to a loss of PKR 51,667,958 in the prior year.
  • Basic and diluted loss per share was reported at PKR 2.16 for the year, compared to PKR 2.72 in the previous year.
  • Loss before taxation and levies for the year was PKR 39,770,857, compared to PKR 51,667,958 in 2025.
  • The financial statements have been prepared on a non-going concern basis as all manufacturing facilities have been disposed of under a sanctioned Scheme of Arrangement.
  • Auditors issued a qualified opinion regarding unconfirmed bank balances and certain payable balances.

Filing details

Financial results

Annual · Audited · Standalone · 30 June 2026

Figures in Rupees

Reporting period

Year

Income
0 (prior 0)
Profit after tax
-40,950,757 (prior -51,667,958)
EPS
-2.16 (prior -2.72)
  • Financial statements prepared on a non-going concern basis pursuant to the Scheme of Arrangement with secured creditors.

Dividend and entitlement

Type
None
Notes
The document is solely for the transmission of annual financial statements and does not declare any dividends, bonuses, or entitlements.
  • #financial-results
  • #annual-accounts
  • #gutm
  • #textile

This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.