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KTML | Q2 earnings boosted by Other Income

Kohinoor Textile Mills Limited (KTML) announced its financial results for the second quarter ending December 2024.

The company reported earnings per share of Rs. 2.3 for the quarter, bringing the total EPS for the trailing twelve months to Rs. 7.4.

KTML has not declared any cash dividend in the last four quarters.

Revenue for the latest quarter remained flat, showing no change compared to the average of the previous four quarters.  However, gross profit saw a decline of 7% compared to the average of the prior four quarters. 

The gross profit margin for the quarter was 15%, slightly lower than the 16% average over the previous four quarters.

The net income for the quarter increased significantly by 42% compared to the average of the previous four quarters due to Rs 631million other income.

Profit after tax for the trailing twelve months increased by 15% compared to the prior four quarters.

The tax rate for the quarter was 39%, consistent with the average rate over the previous four quarters.

Download KTML Earnings Release at PSX



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