Internal nilkitr»rLmui‹d
October 29, 2025
The General Manager,
Pakistan Stock Exchange Limited,
Stock Exchange Building, Stock Exchange Road, Karachi
Sub: FINANCIAL RESULTS FOR THE PERIOD ENDED SEPTEMBER 30.2025
We are pleased to inform you that the Board of Directors of the International Knitwear Limited in their meeting held on Wednesday, October 29, 2025 at 03:30 pm. at Karachi reviewed the financial statements for the 1st quarter ended September 30, 2025 and recommended the following:
CASH DIVIDEND
BONUS SHARES
RIGHT SHARES
ANY OTHER ENTITLEMENT / CORPORATE ACTION
ANY OTHER PRICE SENSITIVE INFORMATION
The financial Result of the Company are attached herewith.
NIL
Nlt NIL NONE NONE
The Quarterly report of the Company for the est quarter ended September 30, 2025 will be transmitted through PUCARS separately, within the specified time and shall also be made available on Company website: https://www.internationalknitwear.com .
Thanking You,
Yours truly,
Javed Khan
Director /Chief Financial Officer
CC:
The Executive Director(Enforcement), Security & Exchange Commission of Pakistan, NIC Building ,63 Jinnah Avenue,
Islamabad.
F-2A / (L), S.I.T.E., Karachi - 75730, Pakistan. Phones: 021-32574302-04
E-mail : contact@internationalknitwear.com Website : https://www.internationaIknitwear.com
STATEMENT OF FINANCIAL POSITION AS AT SEPTEMBER 30, 2025 | ||||||
{Un-Audited) SEPTEMBER | (Audited) JUNE | |||||
2025 | 2025 | |||||
ASSETS | Note | Rupees | Rupees | |||
Non-Current Assets | ||||||
Property, plant and equipment | 9622S233 | 97,333,096 | ||||
Long term deposits | 1,S00,000 | 1,500,000 | ||||
Loan and advances | 1,409,290 | 927,50D | ||||
Long teim investments | 38,139,040 | 29,907,662 | ||||
137,273,563 | 129,668,2S8 | |||||
Current Assets | ||||||
Stock in trade | T70,393,028 | 174,951, 260 | ||||
Short term investments | S0,857,003 | 42,614,407 | ||||
Trade debts - considered good | 290,065,396 | 424,314,509 | ||||
Short term loans and advances | 4,744,569 | 6,331,066 | ||||
Other receivables | 11,844,9TT | T5,1.34,391 | ||||
Taxation - net | 16,545,338 | 15,703,936 | ||||
Cash and bank balances | 5,109,419 | 2,646,910 | ||||
549,559,665 | 681,696,480 | |||||
TOTAL ASSETS | 686,833,2ZB | 8T1,364,738 | ||||
EQUITY AND LlABlLfTlES | ||||||
SHARE CAPITAL AND RESERVES | ||||||
Authorised Capital 20,000,000 Ordinary shares of Rs. 10 each | 200,000,000 | 200,000,000 | ||||
Issued, subscribed & paid-up capital | 96,750,000 | 96,750,000 | ||||
Revenue Reserves | ||||||
Unappropriated profit | 96,260,298 | 85,006,606 | ||||
193,010,298 | 181,756,606 | |||||
Capital Reserves | ||||||
Unrealized (loss) / gain on revaluation of investments - FVTOCI | 21,012,8 24 | 12,647, 282 | ||||
214,023, £22 | 194,403,888 | |||||
Non-Current Liabilities | ||||||
Deferred Liabilities - Deferred Taxation Liability | 3,444,616 | 3,444,6T6 | ||||
3,444,616 | ||||||
Current Liabiltties | ||||||
Short term finance under mark-up arrangement - Secured | is | 294,291,721 | 402,871,536 | |||
Creditors, accrued and other liabilities Unclaimed dividend | 1s | 172,562,068 2,St 1,701 | 208,132,871 2,S11,823 | |||
469,365,490 | 613,516,230 | |||||
Contingencies and Commitments | ||||||
TOTAL EQUITY AND LIABILITIES | 686,833,2Z8 | 8T¥,364,738 | ||||
The annexed notes J ro 20form an integral part of these financial statements. | ||||||
Khalid Jamil Siddiqi
Chairman
Naeem Shafi Chief Executive Officer
Javed Than Director / CFO
STATEMENT OF PROFIT OR LOSS FOR THE PERIOD ENDED SEPTEMBER 30, 2025 (UN•AUDITED) | |||||
3O-5ep-25 | 30-Sep-24 | ||||
Note | Rupees | Rupeeg | |||
Net sales | 12 | 275,926,861 | 341,898,578 | ||
Cost of goods sold | (242,142,378) | (318,260,981) | |||
Gross profit | 33,784,483 | 23,637,597 | |||
Administrative and selling expenses | (10,861,358) | (9,224,380) | |||
Operating profit | 22,923,E25 | 14,413,217 | |||
Other income | 172,930 | 484,413 | |||
Unrealized (loss) on revaluation of investments through P&L | 5,479,863 | 2,139,195 | |||
5,652,793 | 2,623,608 | ||||
28,575,91d | 17,036,825 | ||||
Finance cost Other charges | (1Z,t86,159) (1,130,893) | (6,639,945) (7z7,385) | |||
(13,317,052) | (7,357,330) | ||||
Profit before income taxes and final taxes | 15,258,866 | ||||
Taxation - Final taxes | (6,443) | ||||
Profit before income tax | is,zsz,4za | 9,679,s96 | |||
Taxation - Income tax | |||||
Current - for the year | (3,998,730) | (2,807,054) | |||
Oefered Tax | |||||
(3,998,730) | (2,807,054j | ||||
Profit after taxation | 6,872,442 | ||||
Earnings per share - basic and diluted | 1.16 | ||||
The annexed notes 1 to 20form an integral part of these financial statements
Khalid Jamil Siddiqi Chairman
aved Khan Director / CFO
STATEMENT OF OTHER COMPREHENSIVE INCOME
FOR THE PERIOD ENDED SEPTEMBER 30, 2025 (UN-AUDITED)
30-Sep-25
Rupees
30-Sep-24
Rupees
Profit after taxation for the period
Other comprehensive loss
Items that will not be subsequently reclassified to statement of profit or
loss
Unrealised loss on remeasurement of investments classified as FVTOCI
Reclassification of OCI component on disposal of FVTOCI investment directly into equity
11,253,693
6,872,442
8,382,834 (17,292) | 5,301,922 |
8,365,542 5,301,922
Total comprehensive Income for the period
The annexed notes 1 to 20 form an integro/ port a) these financial statements.
Khalid Jamil Siddiqi
Chairman Chief Executive
29,619,234
Javed Khan
Director / CFO
12,174,364
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED SEPTEMBER 30, 2025 {UN-AUDITED)
- - -------Reserves--- --
--Capltal Reserve- -Revenue Reserve--
Issued, Subscribed and Paid up Share | Unrealized gain / {loss} on revaluation oT | Unapproprlated | Total | |||
Balance as at July 01, 2024 | 96,750.000 | 9.57,568 | 6T,404,293 | |||
Total comprehensive income- Net profit for the year ended June 30, 2025 | 30,B58, 562 | |||||
Reel assification on disposal of FVTOCi directly into equity | 3,Z05,115 | 3,Z05, 115 | ||||
Fair value adjustment on investment classif ed as FVTOCI | - | Z84,599 | 284,599 | |||
Unrealized loss realized and transfer of FVTOCI | ||||||
Transaction with owners- | ||||||
7.5% cash dividend paid for the year ended June 30, 2024 | {7,ZS6,ZS0) | (7,256,250) | ||||
Balance as at June 30, ZO25 | 85,006,606 | 94,403,888 | ||||
Total comprehensive income | ||||||
Net profit for the period ended September 30, 2025 | 1,253,693 | 1,253,693 | ||||
Reclassification on disposal of FVTOCI directly into equity | 8,382,834 | |||||
Fair value adjustment on investment classified as FVTOCI | (z7,29 Z) | |||||
Balance as at September 30. 2025 | 96,750,OOO | 214,023,122 | ||||
The annexed notes J ro 20/orm on Integra/ port a/ these /noorio/ rtotemenra. |
Khalid Jamil Siddiqi
Naeem Shafi
Chlef Eyetutive
STATEMENT OF CASH FLOWS
row THc ecnioo cnoco szeie sex 3o, zozs lun-xuoneol
casH rrow rRo oecRaTins xnivirics
Profit before taxation Adjustment for non cash Items: Depreciation
Loss / (Gain) on sale of property, plant and equipment Other mincome)/loss
Finance cost
10-Sep-2$30-Sep-24 Rupees
9,679,496
Profit before changes Tn working capital
1,459,123 8,672,258
3,291,299 | 2,575,026 |
(58,300 | |
(14,018,335 | {484,413 |
12,186,159 | 6,639,945 |
T6,7¥7,989
(Increase}/ decrease In current assets Stock in trade
Grade debcs
Shart term Ioans and advances Other receivables
Increase in current IiabiliMes
143,201,533
37, t30,705
4,5$8, 23Z | 90,009,277 |
134, 249,1z3 | ('4 1,992,361 |
1,104,707 | 7, t61,384 |
3,289,480 | (3,724,8Z7 |
Creditors, accrued and other liabilities (35,570,804) 30,561,815
(35,570,804) 30,56t, 815
Financial charges paid
Taxes paid
Cash proceed from Sales tax
Net cash generated/ (used} in operating activities
CASH FLOW FROM INVESTING ACTIVITIES
Capital expenditure Additions in investment Disposal of investment
Proceeds from sale of property, plant and equipment
Net cash {used in) / generated from investing activities
CASH FLOW fiROM FINANCING ACTIVITIES
Cash proceeds from short term finance under markup arrangement Repayment of short term finance under markup arrangement Dividend paid
Net cash generated from / {used) financing activities Set {decrease)/ increase In cash and cash equivalents Cash and cash equivalents at the beginning of the year
}14,354,236}
(1Z,186,159 | 16,639,945 |
(5,116,209 | |3,552,990 |
2,948,132 |
(2,183,436 | (894,860 | |
|7,941,J61 | ||
932,430 | ||
30,900 |
329,569,936 | 6'1, 318,492 | |
(438,056,845 | (134, 244,319 | |
zs,644 |
{4,936, 285)
(¥08,486.787)
(3.*38,S90) 2,646,9z0
(10,192,935)
(69,900, W}
{2.582,g66)3,272,247
Cash and cash equivalents at the end of the period 689,Z8t
Cash and cash equivalent at the end of the period Cash and b ank balances
5,109,4 19
6,617, 27z
Running finance facili ty
The annexed notes 1 to 20form an integrai part oj' these financial statements.
(s,891,099} {5,927,990)
689, Z81
khalid Jamil Slddiqi
ChairmanNaeem Shafl Chief Executive