Transmission of Quarterly Report for the Period Ended 31 December 2025

QUARTERLY REPORT 2026

(October-December 2025)

Table of Contents

Company Information 01

Report of Board of Directors 03

Report of Board of Directors Urdu 06

Condensed Interim Statement of Financial Position 07

Condensed Interim Statement of Profit or Loss and

other Comprehensive Income 08

Condensed Interim Statement of Cash Flows 09

Condensed Interim Statement of Changes in Equity 10

Notes to the Condensed Interim Financial Statements 11

Company Information

Company Information

Chairman

Mujtaba Rahim

Board of Directors

Irfan Chawala

Chief Executive Officer

Dr. Lalarukh Ejaz Patrick Verraes

(Alternate: Naveed Kamil)

Shahid Ghaffar Victor Garcia Yasmin Peermohammad

Audit Committee

Shahid Ghaffar

Chairman

Irfan Lakhani

Secretary

Dr. Lalarukh Ejaz

Patrick Verraes

(Alternate: Naveed Kamil)

Human Resources and Remuneration Committee

Yasmin Peermohammad

Chairperson

Irfan Lakhani

Secretary

Management Committee

Irfan Chawala

Patrick Verraes

(Alternate: Naveed Kamil)

Irfan Chawala Muhammad Altaf Naveed Kamil

Qazi Naeemuddin Altaf Jamal Khan Hadi Raza lakhani

Chief Financial Officer

Altaf Jamal Khan

Company Secretary

Irfan Lakhani

1 Archroma Pakistan Limited

QUARTERLY REPORT

Bankers

Auditors

KPMG Taseer Hadi & Co. Chartered Accountants

Legal Advisor

Fazleghani Advocates

Share Registrar

FAMCO Share Registration Services (Pvt) Limited 8-F, Near to Hotel Faran, Nursery Block-6, P.E.C.H.S., Shahra-e-Faisal, Karachi

Registered Office

1. A/1, Sector 20, Korangi Industrial Area, Korangi, Karachi

   Factories

   Petaro Road, Jamshoro,

   LX-10, LX-11 Landhi Industrial Area, Karachi

   Sales & Marketing Offices

   Katar Bund Road, Off. Multan Road, Thokar Niaz Baig, Lahore P-277, Kashmir Road, Amin Town, Faisalabad

   Website

   https://www.archroma.com.pk

   E-mail

   archroma.pakistan@archroma.com

   Archroma Pakistan Limited 2

   
   
   

   Directors' Report

   Directors' Report

   The Directors of your Company are pleased to present their report for the first quarter ended 31st December 2025, together with the un-audited condensed interim financial information of the Company.

   Composition of Board

   The composition of the Board is as follows:

   1. Male 5

   2. Female 2

Out of the above:

1. Executive Director: 1

2. Non-Executive Directors 3

3. Independent Directors 3

Business Overview

Textiles' and Construction industry demand & consumer sales continued to show positive development both for local as well as exports during the first quarter of the current financial year under review, which is despite higher energy, fluctuating commodity prices, on-going Russia-Ukraine & other regional conflicts and highly complex trade and supply chain environment on the back of cost related challenges coming from Tariffs imposed by USA.

In the light of the this continuously evolving business environment & increasing cost pressures, your Company further improved its support in meeting customers' expectations and provided them with cost-effective production systems & solutions to help them gain new business. Archroma, as a consequence, managed to achieve net sales of PKR 7,842 million during the first quarter ended 31 December 2025 versus PKR 7,217 million in comparison to the same period last year. Positive contributions coming from better raw materials' sourcing, effective cost savings initiatives, improved product mix & plant capacity utilization further supported Gross Margins, which went up to PKR 2,029 million versus 1,640 million for the Company in comparison to the same period last year.

Moreover, considerably stable foreign exchange rates and reduced borrowing costs further contributed to improving the bottom-line profitability of your Company to PKR 442 million versus PKR 356 million in comparison to the same period last year.

Future Outlook

The global energy and commodities' prices, raw materials' supply chain and availability situation is foreseen to remain complex due to the ongoing Russia-Ukraine conflict and evolving Europe and Middle East situation. Consequently, balance of trade and forex reserves' situation in Pakistan is anticipated to remain under pressure and may continue to create new challenges for the businesses in the coming months. However, the long-term financing arrangements with the World bank, debt rescheduling & equity conversion programs currently under discussions with certain lending agencies and regional countries along with on-going stricter implementation of corrective fiscal measures' is expected to positively contribute towards improvement in the overall macro-economic situation for Pakistan, which in turn is also anticipated to support business development for Textiles and Construction Industries of the Country.

3 Archroma Pakistan Limited

QUARTERLY REPORT

Management of your Company remains confident that with the stringent measures in place to maintain control on the Company's net working capital situation and growing projects' pipeline to further increase its market share and penetration through portfolio expansion and business development for the Company in the remaining part of the current financial year.

On behalf of the Board

Irfan Chawala Naveed Kamil

Chief Executive Officer Director

Karachi: 29th January 2026

Archroma Pakistan Limited 4

Directors' Report

5 Archroma Pakistan Limited

Archroma Pakistan Limited 6

Statement

Condensed Interim Statement of Financial Position (Unaudited)

As at 31 December 2025

Unaudited Audited Note 31 December 30 September

2025 2025

ASSETS (Rupees in '000) (Rupees in '000)

Non-current assets

Property, plant and equipment 5 2,519,629 2,524,103 Long term deposits and prepayments 13,205 13,205

Employee benefits 10 14,542 27,977

2,547,376 2,565,285

Current assets

Stores and spares

Stock-in-trade 6

Trade receivables 7

Advances

Trade deposits and short-term prepayments Other receivables

Sales tax Taxation - net

Cash and cash equivalents 8

TOTAL ASSETS

EQUITY AND LIABILITIES

Share capital and reserves

Authorised capital

63,000,000 (September 30, 2025: 63,000,000) ordinary

111,918

5,806,027

8,017,953

14,829

63,846

85,133

1,419,825

361,073

436,254

93,689

4,511,178

5,700,521

14,086

82,193

101,045

1,216,330

458,206

985,207

16,316,858 13,162,455

18,864,234 15,727,740

shares of Rs.10 each 630,000 630,000

Issued, subscribed and paid-up share capital

34,563,341 (September 30, 2025: 34,563,341) ordinary

shares of Rs.10 each 9 345,633 345,633

Capital reserve

Amalgamation reserve 93,545 93,545

Revenue reserves General reserve Unappropriated profit

4,067,111 3,970,800

TOTAL EQUITY 4,506,289 4,409,978

LIABILITIES

556,199

572,398

13,801,746

10,745,364

7,113,651

85,794

18,579

56,847

3,325,939

49,267

95,287

10,233,779

85,794

291,951

31,544

3,012,272

50,145

96,261

158,292

18,809

151,599

243,698

Non-current liabilities

Deferred taxation - net 10

Employee benefit obligations 12

Lease liabilities 13

Liabilities against diminishing musharika financing

Current liabilities

Trade and other payables Unclaimed dividend Unpaid dividend

Mark-up accrued

Short-term borrowings - secured 11

Current portion of lease liabilities 12

Current portion of liabilities against diminishing musharaka financing 13

TOTAL LIABILITIES 14,357,945 11,317,762

CONTINGENCIES AND COMMITMENTS 14

TOTAL EQUITY AND LIABILITIES 18,864,234 15,727,740

The annexed notes, from 1 to 21 form an integral part of these financial statements.

Irfan Chawala

Chief Executive Officer

Naveed Kamil

Director

Altaf Jamal Khan

Chief Financial Officer

Condensed Interim Statement of Profit or Loss and Other Comprehensive Income (Unaudited)

For the three months period ended 31 December 2025

Quarter ended

Note 31 December 31 December

2025 2024

(Rupees in '000) (Rupees in '000)

Sales 16 9,221,220 8,519,021

(270,674)

(1,107,692)

(283,917)

(1,017,921)

Trade discounts and rebates 16

Sales tax 16

(1,378,366) (1,301,838)

Sales - net 16 7,842,854 7,217,183

Cost of sales (5,814,223) (5,576,593)

Gross profit 2,028,631 1,640,590

Distribution and marketing expenses Administrative expenses

Impairment loss on trade receivables Other operating expenses

(1,234,316) (1,155,460)

Operating profit 794,315 485,130

Other income 42,156 42,658

836,471 527,788

Finance costs (104,462) (114,188)

Profit before minimum, final and income taxes 732,009 413,600 Minimum and final taxes charge (101,419) (92,120)

Profit before income tax 630,590 321,480

Income tax (charge)/reversal (188,646) 34,574

Profit after taxation 441,944 356,054

Other comprehensive income - -

Total comprehensive income for the period 441,944 356,054

---------------- (Rupees) ----------------

Earnings per share 17 12.79 10.30

The annexed notes 1 to 21 form an integral part of these condensed interim financial statements.

Irfan Chawala

Chief Executive Officer

Naveed Kamil

Director

Altaf Jamal Khan

Chief Financial Officer

Statement

Irfan Chawala

Chief Executive Officer

Naveed Kamil

Director

Altaf Jamal Khan

Chief Financial Officer

Issued,

Capital Reserve Revenue Reserve

subscribed and paid-up capitail

Amalgamation reserve

General Reserve

Unappropriat- Total equity

ed profit

----------------------------------------- (Rupees in '000) ----------------------------------------

Balance as at 30 September 2024 (Audited) 345,633 93,545 2,747,000 591,389 3,777,567

Total comprehensive income for the period ended 31 December 2024

Profit for the period

Other comprehensive income

- - - 356,054 356,054

Balance as at 31 December 2024 (Unaudited) 345,633 93,545 2,747,000 947,443 4,133,621

Balance as at 31 December 2025 (Unaudited) 345,633 93,545 2,747,000 1,320,111 4,506,289

The annexed notes, from 1 to 21 form an integral part of these financial statements.

Irfan Chawala

Chief Executive Officer

Naveed Kamil

Director

Altaf Jamal Khan

Chief Financial Officer

1. THE COMPANY AND ITS OPERATIONS

   Archroma Pakistan Limited ("the Company") is a limited liability company, incorporated and domiciled in Pakistan. The address of its registered office is 1-A/1, Sector 20, Korangi Industrial Area, Korangi, Karachi, Pakistan. The Company is listed on the Pakistan Stock Exchange. The Company is a subsidiary of Archroma Textiles GmbH, registered and head quartered in Pratteln, Switzerland which holds 75% of the share capital of the Company.

   The Company is primarily engaged in the manufacture and sale of chemicals, dyestuffs and coating, adhesive and sealants. It also acts as an indenting agent.

   The manufacturing facilities and sales offices of the Company are situated at the following locations:

   Manufacturing Facilities

   • Petaro Road, Jamshoro

   • LX-10 & LX-11 Landhi Industrial Area Karachi

     Sales offices

   • Katar Bund Road, Off. Multan Road, Thokar Niaz Baig, Lahore

   • P-277, Kashmir Road, Amin Town, Faisalabad

2. BASIS OF PREPARATION

   1. Statement of compliance

      These condensed interim financial statements have been prepared in accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting. The accounting and reporting standards as applicable in Pakistan comprise of:

      • International Accounting Standard (IAS) 34 - "Interim Financial Reporting" issued by the International Accounting Standards Board (IASB),as notified under the Companies Act, 2017;

      • Islamic Financial Accounting Standards (IFAS) issued by the Institute of Chartered Accountants of Pakistan as notified under the Companies Act, 2017; and

      • Provisions of and directives issued under the Companies Act, 2017.

      Where the provisions of and directives issued under the Companies Act, 2017 differ with the requirements of IAS 34 or IFAS, the provisions of and directives issued under the Companies Act, 2017 have been followed.

   2. Basis of measurement

      These condensed interim financial statements have been prepared under the historical cost convention except as stated otherwise and should be read in conjunction with the annual audited financial statements of the Company for the year ended 30 September 2025.

   3. Functional and presentation currency

      These condensed interim financial statements are presented in Pakistani Rupees which is also the Company's functional currency. All financial information presented in Pakistan Rupees has been rounded to the nearest thousand of rupees,unless otherwise stated.

3. ACCOUNTING POLICIES

   1. The accounting policies adopted in the preparation of these condensed interim financial statements are consistent with those applied in preparation of the published annual audited financial statements of the Company for the year ended 30 September 2025.

   2. A number of new accounting standards and amendments to accounting standards are effective for annual periods beginning after 1 October 2025 and earlier application is permitted. The Company has not early adopted any of the forthcoming new or amended accounting standards in preparing these condensed interim financial statements.

4. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

   In preparing these condensed interim financial statements, management has made judgements and estimates that affect the application of accounting policies and the reported amounts of assets and liabilities, income and expense. Actual results may differ from these estimates.

   The significant judgements made by management in applying the Company's accounting policies and the key sources of estimation uncertainty were the same as those described in the annual audited financial statements for the year ended 30 September 2025.

   The Company's financial risk management objectives and policies are consistent with those disclosed in the annual audited financial statement for the year ended 30 September 2025.

   Note 31 December 30 September

   2025 2025

   (Un-audited) (Audited)

5. PROPERTY, PLANT AND EQUIPMENT (Rupees in '000) (Rupees in '000)

   Operating property, plant and equipment 5.1 2,435,692 2,455,034

   Capital work-in-progress 5.3 83,937 69,069

   2,519,629 2,524,103

   1. The following operating property, plant and equipment have been added during the three months period ended 31 December 2025 :

      Building on leasehold land

      Furniture, fixtures and equipment

      Vehicles

      Total December 2025

      Total December 2024

      Owned Owned Owned ROUA

      -------------------------------------------------- (Rupees in '000) ------------------------------------------------------

      Additions for the quarter

      31-Dec-25 10,104 28,166 - 25,625 63,895 90,325 Total 10,104 28,166 - 25,625 63,895 90,325

      1. Operating property, plant and equipment include right-of-use asset on buildings of Rs.Nil recognised during the period.

      2. Additions to owned furniture, fixtures and equipments includes direct additions of Rs.9.723 million and transfers from capital work in progress of Rs.18.442 million respectively.

   2. Property, plant and equipment disposed off during the three months period ended 31 December 2025 are as follows:

      Plant and machinery

      Vehicles

      Total December 2025

      Total December 2024

      Owned Owned ROUA

      --------------------------------------- (Rupees in '000) ------------------------------------

      Cost - - 10,037 10,037 19,780

      Accumulated depreciation - - (3,524) (3,524) (15,609) Net book value - - 6,513 6,513 4,171

   3. Additions to capital work in progress during the three months period ended 31 December 2025 amounted to Rs. 43.42 million and transfer to operating fixed assets amounted to Rs. 28.55 million.

6. STOCK-IN-TRADE

   Raw and packing materials including goods in transit

   31 December 30 September

   2025 2025

   (Un-audited) (Audited)

   (Rupees in '000) (Rupees in '000)

   of Rs. 1,004.47 million (30 September 2025: Rs. 642.98 million) 3,877,289 2,778,712

   Work-in-process-net 372,983 353,534

   Finished goods including goods in transit of

   Rs. 43.881 million (30 September 2025: Rs. 17.137 million)-net 1,555,755 1,378,932

   5,806,027 4,511,178

7. TRADE RECEIVABLES

   Considered good 8,017,953 5,700,521

   Considered doubtful 544,767 541,052

   	8,562,720	6,241,573
   Provision for impairment loss on trade receivables	(544,767)	(541,052)
   	8,017,953	5,700,521
   	31 December 2025	30 September 2025

   (Un-audited) (Audited)

8. CASH AND CASH EQUIVALENTS (Rupees in '000) (Rupees in '000)

   With bank on: Foreign
   - in current accounts	81,798	90,821
   Local
   In current accounts	56,106	119,414
   In saving accounts	37,817	187,243
   Certificates of Investments 260,000 587,500 435,721 984,978
   Cash in hand	533	229
   	436,254	985,207

9. SHARE CAPITAL

   1. Authorised Capital

      31 December 30 September 31 December 30 September

      2025 2025 2025 2025

      (Un-audited) (Audited)

      Number of Shares (Rupees in '000)

      50,000,000 50,000,000 Ordinary shares of Rs 10 each before arrangement/ merger

      Ordinarysharesof Rs10eachacquiredundertheapprovedscheme

      13,000,000 13,000,000 of arrangement/merger

      500,000 500,000

      130,000 130,000

      63,000,000 63,000,000 630,000 630,000

   2. Issued, subscribed and paid-up share capital

      31 December 30 September 31 December 30 September

      2025 2025 2025 2025

      Number of Shares (Un-audited) (Audited)

      7,441,639 7,441,639 Ordinary shares of Rs 10 each issued for consideration

      other than cash before merger 74,416 74,416

      26,676,242 26,676,242

      Ordinary shares of Rs 10 each allocted as bonus share

      before merger 266,762 266,762

      Ordinary shares of Rs10 each issued to shareholders of Archroma Chemicals Pakistan (Pvt) Ltd. , under the

      445,460 445,460 approved scheme of arrangement/merger

      4,455 4,455

      34,563,341 34,563,341 345,633 345,633

   3. Archroma Textiles GmbH, held 26,033,992 (2025: 26,033,992) ordinary shares of Rs.10 each at 31 December 2025.

   4. All the ordinary shared carry one vote per share and right to dividend.

31 December 30 September

2025 2025

(Un-audited) (Audited)

10 EMPOLYEE BENEFITS ------------ (Rupees in '000) ------------

Net defined benefit - assets

Employee retirement benefits - Gratuity 14,542 27,977

Net defined benefit - liabilty

Employee retirement benefits - Gratuity - -Other long term empolyee benefits - Long service award 18,135 18,809

18,135 18,809

1. SHORT-TERM BORROWINGS - secured

   1. Short term Islamic and conventional finance facilities are available from various banks under profit arrangements, amounting to Rs. 11,000 million (Islamic Rs. 8,750 million & Conventional Rs. 2,250 million) (2025: Rs. 11,000 million). These facilities have various maturity dates up to 31 July 2026. These arrangements are secured against a pari passu charge of hypothecation on stock-in-trade and trade receivables with minimum 16.7% margin. These facilities other than Islamic Export Refinance Facility, carry profit ranging from 1 month KIBOR +0.1% to 3 month KIBOR + 0.35%. The aggregate amount of these facilities which has not been utilized as at reporting date was Rs. 7,986 million (2025: Rs. 7,674 million).

   2. The Company has availed Islamic Export Refinance Facility under Part II amounting to Rs. 2,970 million (2025:Rs 2,970 million under the Export Financing Scheme of the State Bank of Pakistan (SBP). These arrangements are secured against a pari passu charge of hypothecation on on stock- in-trade and trade receivables. The profit rates on these facilities range from 6.90% to 7.50% per annum (2025: 7.20% to 8.00% per annum).

12.3 This includes present value of lease liabilities discounted at the incremental borrowing rate of 3 months KIBOR + 0.21% of the Company against lease agreement of head office and area office premises, respectively.

13.1 Maturity Analysis Due within one year Due after one year but

within 5 years

Total

31

December

30

September

31

December

30

September

31

December

30

September

2025 2025 2025 2025 2025 2025

-------------------------------------------------- (Rupees in '000) --------------------------------------------------

Liabilities against diminishing

musharika finance 96,261 95,287 221,713 243,698 317,974 338,985

During the period, the Company has obtained various vehicles under diminishing musharika financing arrangement entered into with a Modaraba having various maturity dates up to 20 Nov 2030 with monthly principal repayments. The financing is secured against the respective vehicles. The rate of profit on the borrowing ranges from 3 months KIBOR + 0.50% per annum to 3 months KIBOR + 0.9% per annum.

1. CONTINGENCIES AND COMMITMENTS

   1. Contingencies

      1. Contingencies are the same as those disclosed in annual audited financial statements for the year ended 30 September 2025.

   2. Commitments

      1. Banks have provided guarantees to various parties on behalf of the Company. Guarantees outstanding as at 31 December 2025 amount to Rs.1,209.42 million (30 September 2025: Rs. 1,149.42 million).This includes guarantee amounting to Rs.893.62 million (30 September 2025: Rs.833.62 million) provide to Excise and Taxation department in respect of infrastructure cess.

      2. The Company has provided post dated cheques amounting to Rs. 6,371.38 million (30 September 2025: Rs. 6,371.38 million) in favour of the collector of customs and which are, in the normal course of business, to be returned to the Company after fulfilment of certain conditions.

      3. Commitments for capital expenditure as at 31 December 2025 aggregated to Rs. 53.78 million (30 September 2025: Rs. 30.76 million).

      4. Commitments under letters of credit for stock-in-trade and stores and spares as at 31 December 2025 amount to Rs. 980 million (30 September 2025: Rs. 1,236.61 million).

   3. Tax Contingencies

      Tax contingencies are the same as those disclosed in the audited annual financial statements 30 September 2025.Except for the following.

      Description of tax proceedings

      Name of the court, agency or

      parties

      Description of the factual basis of the proceedings and relief sought Principal

      Date instituted

      authority

      The Company's income tax return for Tax Year 2020 was selected for audit under Section 214D (now Section 214C) of the Income Tax Ordinance, 2001. Following completion of audit proceedings, the Assistant Commissioner Inland Revenue (ACIR) passed an amended assessment order under Section 122(5A), raising a demand of Rs. 218 million due to various additions and disallowances. The Company filed an appeal before the Commissioner Inland Revenue (Appeals) [CIR(A)], who granted partial relief by deleting certain disallowances while

      upholding others. The Company then preferred an appeal before the Appellate Appellate Tribunal Tribunal Inland Revenue (ATIR) against the issues decided adversely by the

      The Assistant Commissioner

      29 December

      Inland Revenue (ATIR

      CIR(A), which is currently pending adjudication. Subsequently, the ACIR passed the appeal effect order, wherein most of the issues were deleted while a few additions were confirmed, and the matter relating to allocation of expenses was remanded back; however, the ACIR repeated the earlier addition. Moreover, the ACIR did not comply with the CIR(A)'s directions regarding the federal levy of Workers Welfare Fund (WWF) and erroneously added the same to the total tax liability, which constitutes a mistake apparent from the record. The Company has filed a rectification application in this regard, and following the appeal effect order, a revised tax demand of Rs. 80 million has been raised, against which an appeal has been filed before the ATIR, currently pending adjudication.

      Inland Revenue (ACIR) and the Company

      2022

      Statement

      Notes to the Condensed Interim Financial Statements (Unaudited)

      For the three months period ended 31 December 2025

2. FAIR VALUE OF FINANCIAL INSTRUMENTS/ FINANCIAL RISK MANAGEMENT

   The Company's activities are exposed to a variety of financial risk namely credit risk, foreign exchange risk (note 16), interest rate risk and liquidity risk The Company is not exposed to any price risk as it does not hold any investment exposed to price risk. The Company has established adequate procedures to manage these risks.

   These condensed interim financial statements does not include the financial risk management information and disclosures required in the annual financial statements; they should be read in conjunction with Company's annual audited financial statements for the year ended 30 September 2025. There have been no changes in the risk management policies since the year end.

   Fair Value Hierarchy

   When measuring the fair value of an asset or a liability, the Company uses observable market data as far as possible. Fair values are categorised intodifferent levels in a fair value hierarchy based on the inputs used in the valuation techniques as follows:

   Level 1: Fair value measurements using quoted (unadjusted) in active markets for identical asset or liability.

   Level 2: Fair value measurements using inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices)

   Level 3: Fair value measurements using inputs for the asset or liability that are not based on observable market data (i.e. unobservable inputs).

   1. Accounting classification and fair values

The following table shows the carrying amounts and fair values of financial assets and financial liabilities, including their levels in the fair value hierarchy for financial instruments measured at fair value. It does not include fair value information for financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value:

31 dec 2025(Unaudited)

Carrying amount Fair value

Amortised Other Level 1 Level 2 Level 3 cost financial

liabilities

-------------------------------- (Rupees in '000) ---------------------------------

Cash and bank balances 436,254 -

8,565,798 -

Unpaid dividend - 291,951

- 13,806,368

30 September 2025 (Audited)

Carrying amount Fair value

Amortised Other Level 1 Level 2 Level 3 cost financial

liabilities

(Rupees in '000)

Financial assets not measured at fair value

Deposits 19,160 -

Trade receivables 5,700,521 -

Other receivables 101,045 -

Cash and bank balances 985,207 -

6,805,933 -

Other financial liabilities at amortised cost

Liabilities against diminishing musharika finance - 338,985 Trade and other payables - 6,999,400

Short-term borrowings - 3,325,939

Mark-up accrued - 56,847

Unclaimed dividend - 85,794

Unpaid dividend - 18,579

- 10,825,544

The Company has not disclosed fair values for these financial assets and financial liabilities because their carrying amounts are reasonable approximation of fair value.

1. SEGMENT INFORMATION

   1. Segment information for the three months period ended 31 December 2025:

Textile Effect (TE) Packaging Technologies (PT) Total

31 Dec

2025

31 Dec

2024

31 Dec

2025

31 Dec

2024

31 Dec

2025

31 Dec

2024

Sales Domestic Export

------------------------------------------ (Rupees in '000) ------------------------------------------

Total sales 8,290,574 7,534,280 930,646 984,741 9,221,220 8,519,021

Discount and commission Sales tax

Net sales (from external

(1,229,500) (1,142,293) (148,866) (159,545) (1,378,366) (1,301,838)

customers) 7,061,074 6,391,987 781,780 825,196 7,842,854 7,217,183

Segment results based on

'management approach' 789,453 483,276 99,598 83,343 889,051 566,619

Other expenses - WPPF and WWF (55,500) (35,000)

Assets charged to profit and loss for internal reporting purposes based on group guidelines 2,920 (3,831)

Statement

Notes to the Condensed Interim Financial Statements (Unaudited)

For the three months period ended 31 December 2025

Textile Effect (TE) Packaging Technologies (PT) Total Unaudited Audited Unaudited Audited Unaudited Audited

31 Dec

2025

30 sep

2025

31 Dec

2025

30 sep

2025

31 Dec

2025

30 sep

2025

------------------------------------------ (Rupees in '000) ------------------------------------------

There were no convertible dilutive potential ordinary shares in issue as at 31 Dec 2024 and 31 Dec 2025.

Three months ended

31-December 31 December

2025 2024

(Rupees in '000)

Other receivables (187,583) 101,219

(3,804,204) (1,361,961)

Increase in current liabilities

Trade and other payables 3,120,128 2,832,888

(684,076) 1,470,927

18.1 CASH AND CASH EQUIVALENTS

Cash and cash equivalents included in the condensed interim statement of cash flows comprise of the following:

Three months ended

31-December 31 December

2025 2024

(Rupees in '000)

Cash and bank balances 436,254 927,792

Short-term running finance (43,100) (45,881)

393,154 881,911

19. TRANSACTIONS WITH RELATED PARTIES

The related parties comprises of group companies, directors and their close family members, key management personnel and staff retirement funds. The Company enters into transactions with related parties for the sale of its products, purchase of goods, indenting business and rendering of certain services. Consideration for purchases and sales of goods and for services is determined with mutual agreement considering the nature and level of such goods and services.

Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the Company. The Company considers all members of their management team, including the CEO and Directors to be key management personnel. There are no transactions with key management personnel other than those under their terms of employment.

Details of transactions with related parties are as follows:

Relationship

Name of related party Nature of

Nature of Transation

Unaudited 31 December

2025 2024

---- (Rupees in '000) -----

Archroma Management Gmbh, Associated company Purchases & Services 136,011 87,161

Statement

Notes to the Condensed Interim Financial Statements (Unaudited)

For the three months period ended 31 December 2025

Relationship

Name of related party Nature of

Nature of Transation

31 December 30 September

2025 2025

(Un-audited) (Audited) (Rupees in '000)

1. DATE OF AUTHORISATION

   These condensed interim financial statements were authorised for issue on 29 January 2026 by the Board of Directors of the Company.

2. GENERAL

Figures have been rounded off to the nearest thousand rupees.

Irfan Chawala

Chief Executive Officer

Naveed Kamil

Director

Altaf Jamal Khan

Chief Financial Officer

Way