Kohinoor Mills profit edges up 4% to Rs59m

October 28, 2026 (MLN): Consolidated profit after taxation of Kohinoor Mills Limited (PSX: KML) rose 3.77% year-on-year to Rs58.73m for the three months ended September 30, 2026, compared with Rs56.60m in the same period last year.

Basic and diluted earnings per share (EPS) increased 9.09% to Rs0.12 from Rs0.11 in the corresponding quarter last year.

The marginal growth came from higher revenue, a 36% rise in gross profit and more than doubled profit before taxation. A taxation charge, against a credit last year, absorbed much of the gain at the pre-tax level. Higher operating expenses and finance cost also weighed.

Revenue grew 14.39% to Rs7.18bn from Rs6.27bn. Cost of sales rose at a slower pace of 10.86% to Rs5.99bn from Rs5.40bn, lifting gross profit 36.22% to Rs1.19bn from Rs874.42m.

Distribution cost increased 17.10% to Rs366.62m from Rs313.10m, while administrative expenses rose 58.68% to Rs326.67m from Rs205.87m. Other expenses grew more than 2.5-fold to Rs93.46m from Rs36.34m. Total operating expenses rose 41.68% to Rs786.75m from Rs555.31m.

As a result, operating profit grew 26.72% to Rs404.38m from Rs319.11m.

Other income rose 24.60% to Rs40.56m from Rs32.55m, taking profit from operations up 26.52% to Rs444.93m from Rs351.66m.

Finance cost increased 8.30% to Rs276.08m from Rs254.93m.

Profit before levy and taxation grew 74.55% to Rs168.85m from Rs96.73m. Levy rose 13.31% to Rs54.36m from Rs47.97m, taking profit before taxation up more than 2.3-fold to Rs114.49m from Rs48.76m.

The company booked a taxation charge of Rs55.75m, against a taxation credit of Rs7.84m last year, which absorbed much of the gain and left profit after taxation at Rs58.73m.

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