Mahmood Textile Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 18,473.94 million compared to PKR 14,131.09 million a year ago. Net loss was PKR 81.37 million compared to net income of PKR 16.71 million a year ago. Basic loss per share from continuing operations was PKR 2.71 compared to basic earnings per share from continuing operations of PKR 0.89 a year ago.
For the nine months, sales was PKR 52,452.8 million compared to PKR 37,841.4 million a year ago. Net income was PKR 177.31 million compared to PKR 126.91 million a year ago. Basic earnings per share from continuing operations was PKR 5.91 compared to PKR 6.77 a year ago.