TOWL FY26 profit settles at Rs151m
Towellers Limited (PSX: TOWL) reported a 47% drop in its net profit for the fiscal year ended June 30, 2026, recording Rs150.88m compared to Rs286.71m in the preceding year.
September 28, 2026 (MLN): Towellers Limited (PSX: TOWL) reported a 47% drop in its net profit for the fiscal year ended June 30, 2026, recording Rs150.88m compared to Rs286.71m in the preceding year. Reflecting this bottom-line compression, basic and diluted earnings per share (EPS) for the year fell to Rs8.88, down from Rs16.87 in FY25. The primary factor weighing on final earnings was a tax expense reversal impact...