Mahmood Textile Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 14,131,087.77 million compared to PKR 10,443,100.92 million a year ago. Net income was PKR 16,708.82 million compared to PKR 755,903.66 million a year ago. Basic earnings per share from continuing operations was PKR 0.89 compared to PKR 40.31 a year ago.
For the nine months, sales was PKR 37,841,404.77 million compared to PKR 29,103,581.51 million a year ago. Net income was PKR 126,905.82 million compared to PKR 2,581,178 million a year ago. Basic earnings per share from continuing operations was PKR 6.77 compared to PKR 137.66 a year ago.