Nishat Chunian Reports Doubled Profit And Final Dividend
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✧ GENERATE BRIEFING
Nishat (Chunian) Limited announced its full-year financial results for the period ended June 30, 2026, following a board meeting in Lahore, reporting standalone revenue of Rs. 86.83 billion alongside a gross profit expansion to Rs. 10.58 billion. The company's profit after tax more than doubled to Rs. 1.60 billion, translating to an earnings per share of Rs. 6.66 compared to Rs. 3.29 previously, while consolidated group revenue reached Rs. 86.98 billion with a net profit of Rs. 1.56 billion. Directors recommended a final cash dividend of Rs. 3 per share, amounting to a 30 percent payout that brings total annual dividends to 40 percent when combined with the prior interim distribution. The Annual General Meeting is scheduled for October 23, 2026, at the registered office in Gulberg II, Lahore, with share transfer books closed from October 16 to October 23, 2026.
Nishat (Chunian) Limited shared its full-year numbers for the period ended 30 June 2026 after a board meeting held this morning in Lahore.
The directors recommended a final cash dividend of Rs. 3 per share, equal to 30 percent. An interim dividend of Rs. 1 per share had already been paid, bringing the total payout for the year to 40 percent. No bonus or right shares were announced.
Standalone Results Show Clear Improvement
Revenue edged up to Rs. 86.83 billion from Rs. 85.43 billion. Gross profit rose more meaningfully to Rs. 10.58 billion from Rs. 8.83 billion.
Profit after tax more than doubled to Rs. 1.60 billion from Rs. 789 million a year earlier. Basic and diluted earnings per share came in at Rs. 6.66 versus Rs. 3.29 last year.
Operating profit also strengthened, even though finance costs remained high.
Consolidated Picture Follows The Same Trend
On a group basis, revenue reached Rs. 86.98 billion. Profit after tax stood at Rs. 1.56 billion, with earnings per share of Rs. 6.50.
Cash generated from operations improved sharply compared with the previous year. The company also spent more on plant and equipment, reflecting continued investment in its spinning and related operations.
AGM And Entitlement Dates
The Annual General Meeting will take place on 23 October 2026 at 11:00 a.m. at the registered office, 31-Q Gulberg II, Lahore.
Share transfer books will stay closed from 16 October to 23 October 2026. Shareholders whose names appear in the register on 15 October 2026 will receive the final dividend.
The annual report is expected to be issued at least 21 days before the meeting.
The results point to better margins and stronger cash generation in a still-demanding textile environment. Shareholders will now wait for the full annual report and any further comments at the AGM.
