Lahore: Kohinoor Textile Mills Limited (KTML) held a corporate briefing session to discuss its financial results for fiscal year 2026, revealing significant earnings growth despite a slight decline in overall revenue. The briefing provided insights into the company's performance and future outlook.

According to AKD Securities Limited, KTML reported earnings of PkR5.0 billion, or PkR3.7 per share, for FY26, an 83% increase from the PkR2.8 billion, or PkR2.0 per share, recorded in the same period last year. The rise in earnings was primarily due to a one-off reversal of the deferred tax liability. However, the company's standalone revenue decreased by 2% year-over-year, amounting to PkR58.3 billion compared to PkR59.4 billion in the previous fiscal year. This decline was mainly attributed to a 5% drop in local sales, which totaled PkR27.5 billion.

Despite the revenue decrease, KTML's gross margin improved to 17.0% from 16.5% in the same period last year, driven by effective cost management strategies implemented by the company.