Service Industries Textiles loss widens 53% to Rs111m in FY26
Net loss of Service Industries Textiles Limited (PSX: SERT) widened 52.75% year-on-year to Rs111.36m for the fiscal year ended June 30, 2026 (FY26), compared with Rs72.90m in FY25.
October 06, 2026 (MLN): Net loss of Service Industries Textiles Limited (PSX: SERT) widened 52.75% year-on-year to Rs111.36m for the fiscal year ended June 30, 2026 (FY26), compared with Rs72.90m in FY25. Loss per share (LPS) increased 52.74% to Rs8.08 from Rs5.29 in the preceding year. The deeper loss was driven by a gross loss, higher administrative and finance costs and a smaller taxation credit. A surge in other...