Gadoon Textile Mills Limited has announced its financial results for the year ended June 30, 2026, reflecting resilience in a challenging textile industry environment. The Board of Directors has recommended a cash dividend of Rs. 5 per share for shareholders.
The Company reported net sales of Rs. 75.99 billion, an increase of 7.07% compared to Rs. 70.98 billion in the previous year. Profit after tax rose to Rs. 2.63 billion, up from Rs. 2.39 billion last year, while earnings per share improved to Rs. 93.78 from Rs. 85.33. Gross profit stood at Rs. 5.95 billion, with margins impacted by higher conversion costs and energy tariffs. Despite these pressures, operational efficiencies and product mix optimization helped sustain profitability.
The Company highlighted that yarn sales grew by 7.46% during the year, supported by improved demand in the latter half of the fiscal year. Knitted bedding products also contributed significantly to overall sales growth. Finance costs remained stable at Rs. 2.44 billion, while other income included a remeasurement gain of Rs. 932 million related to the settlement of the Sindh Infrastructure Development Cess (SIDC) liability. Segment-wise, the spinning division generated Rs. 59.1 billion in revenue, while knitted bedding products contributed Rs. 14.2 billion.
