Transmission of Quarterly Report for the Period Ended September 30, 2025

‌1st Quarterly Accounts‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌

September 30, 2025 (Un-audited)

FOR THE PERIOD ENDED SEPTEMBER 30, 2025

(UN-AUDITED)

PACRA

CREDiT RATiNG RELiANCE WEAViNG MiLLS LiMiTED

A-2

02

2025

03

1st Quarterly Accounts

September 30,

COMPANY INFORMATION

Board of Directors

Executive Director

Mr. Faisal Ahmed

Non-Executive Directors

Mr. Fawad Ahmed Mukhtar

. ADbas Mukh1a

Mr. Muhammad Mukhtar Sheikh Mr. Muhammad Fazee

Independent Directors

Mr. Imran Bashir

Mr. Shoaib Ahmad Khan

(Chief Executive Officer)

(Chairman)

Head of Internal Audit 6 Rlsk Assurance - OB

Mr. Muhammad Akbar Rana

Head of Treasury

Mr. Anjum Jameel Sheikh

GM Marketing

Mr. Aqeel Saifi

IVir. Muhammad Nasir lqbal Mr. Salim Ahmed

Technical Dlrector Weaving

Mr. Ikram Azeem

Committees of the Board

Audit Committee

Mr. Imran Bashir

ur. Shoaib Ahmad Khan

Mr. Muhammad Mukhtar Sheikh

HR 6 Remuneration Committee

Mr. Shoaib Ahmad Khan Mr. Imran Bashir

Mr. Muhammad Fazeel Mukhtar

Risk Management Committee

Mr. Faisal Ahmed Mr. Imran Bashir

Mr. Shoaib Ahmad Khan

Nomination Committee

Mr. Fawad Ahmed Mukhtar Mr. Faisal Ahmed

Mr. Muhammad Fazeel Mukhtar

(Chairman) (Member) (Member)

(Chairman) (Member) (Member)

(Member) (Member)

(Chairman) (Member) (Member)

Technical Dlrector Splnnlng (Multan)

Mr. Muhammad Shoaib Alam

GM Spinning (Rawat)

Mr. Salahudin Khattak

External Auditors

M/s. ShineWing Hameed Chaudhri 6 Co. Chartered Accountants

252B/F, Shadman Colony, Opposite High Coun Bahawalpur Road, Multan.

Tel: 061-478521 1-12, 451 1 076

E-mail:mux@hccpk.com .

Website: https://www.hccpk.com "

Shares Registrar

M/s. CDC Share Registrar Services Limited MDC House, 99-B, Block 'B', S.M.C.H.S.,

Main Shahrah-e-Faisal Karachi-74400 E-mail: info@cdc.pak.com 6

Banks/Financial Institutl

Executive Management Team

Chief Financial Ofhcer

Mr. Waheed Ahmad

Head of Human Resources

Mr. Asad A. Jan

Company Secretary

Mr. Kamran Ahmad Awan

Allied Bank Limited Habib Bank Limited United Bank Limited National Bank of Pakistan

National Bank - Aitemad Islamic Banklng Meezan Bank Limited

SOneri Bank Limited

04

The Bank of Khyber

HabiD Metropolitan Bank Limited Bank Al Habib Limited

Bank Al Habib Limited - Islamic Banking Bank Alfalah Limited

Samba Bank Limited JS Bank Limited

Al-Baraka Bank Pakistan Limited Dubai Islamic Bank ‹Pakisan Limited

The Bank of Punjab - Taqwa Islamic Banking Askari Bank Limited, Islamic Banking Services

Saudi Pak Industrial 6 Agricultural Investment Company Limited Pak Brunei Investment Company Limited

Pak China lnves1men1 Company Limi1ed Pak Libya Holding Company (Pvt) Limited

Paklstan Kuwait Investment COmpany (Pvt) Limited First Habib Modaraba

Bank Islami Pakistan Limited

HabiD Bank Limited-Islamic Banking Muslim Commercial Bank Limited The Bank of Punjab

Business Offices

Registered Office

2'° Floor Trust Plaza, Luo Road, Multan

Tel: 001-4509700, 061-4500749

Fax: 061-4511677, 061-4584288

E-maiL info@fatima-group.com

Head Office

E-110, Khayaban-e-Jinnah Lahore Cantt. Tel: 042-35600446, 042-111-328-462 Fax: 042-3BB21389

Website: https://www.fatima-group.com

Site Addresses

Unit # 2, 4, 5, 6

Fazalpur Khanewal Road, Multan

Phone 6 Fax: 061-6740020-3 6 061-6740036

2025 05

1st Quarterly Accounts

September 30,

Reliance Weaving Mills Limited was established on April 7, 1990, with its registered office at 2"" Floor, Trust Plaza, L.M.Q. Road, Multan, and is listed on the Pakistan Stock Exchange. The Company's Head Olfiice is located at E-1 1 0, Khayaban-e-Jinnah, Lahore Cantt.

06

¿4Ia IMs wit kl:I nrIipIrTi'kr›I co¿u';iIy-I7/50

Dear Members,

On behalf of the Board of Directors, we are pleased to present the three months financial information of Reliance Weaving Mills Limited (the Company) for the period ended September 30, 2025.

Operational Performance

During the period, the Company's operational performance was satisfactory, despite the challenging economic conditions prevailing in Pakistan. The management team worked diligently to optimize production, reduces costs particularly, and improve efficiency.

Financial Highlights

The Company has earned net profit of Rs. 44.5 million as compared to Rs. 10.6 million in previous period. As a result of the installation of 20 MW Solar Project, the energy cost has been decreased by Rs. 133 million (10.68%) which had a significant impact on Company's profitability. However, finance cost has been decreased by Rs. 152 million (19%) as compared to previous period.

Future Prospects

The textile sector in Pakistan is facing numerous challenges, including reduced global demand, high inflation, costly business environment, reduced cotton yields, expensive imports, inadequate raw materials, currency fluctuations, and high government taxation. Despite the above national and international challenges, the Company has installed 20 MW solar system which produces 31 million units annually, which is almost 25% of our annual energy requirements. Further, the Company has planned for installing a 3 MW solar energy project in the financial year ending 2026.

In conclusion, while the current economic environment in Pakistan remains challenging, we believe that the Company is well-positioned to navigate these challenges and capitalize on the opportunities available in the textile sector.

For and on behalf of the Board,

Imran Bashir

(Independent Director)

Faisal Ahmed

(Chief Executive)

Date: October 30, 2025

Place: Multan

08

¸ ¸ ‹¸ gıLçK

¸

ćıx. ďcEcᒖƯlㅎ6lᓕㅎ(⽙3㣝㼑Ǵas䣶Ųc〪䞈䜱cnð/U⁏ćn䦑›SPı䮪䛹╌/. ᜯㅎï 䪁xıĒiı´ĒcE

.䞈䜱cᜯㅎဲ2025ℜ30xǎ ՙǍ çὪıçs

¸ ¸

J›⸗cdT

¸

਑1JScısıမċ䆂䇦ı.䜱c޻g⡦ıJ›⸗cdTㅎ⽙›ᣅs.˄SçUbUn㵐ဲc›䆀g⸡Ǎ˄‹gıcs›Sçs6▥6xᜯ

.ㅎ㰄cEલGSĚ਑䆀J›⸗cdcsıċUJ䆀çᜯıxı‹ċৄ

ç䐁u˄ǎ UᒖƯl

˄ǖ ⸗ç, ⢙г➟ıu˄ǎ U䆀ধPS႟sc㽈10.6Sçs;䯅ᣅ‹Ư❅b⬡㽯㚏Ad႟sc㽈44.5ċ⽙gıcs›Sp)ðı

.䞈

¸ ¸ ¸

ǖ ¸ ;

ㅎ⽙dឮ‹5nⲚısJㅎ(%10.683႟sc㽈133䆀çᜯıxı5˄ıĩS⽙ࡘSᎯㅎ౹Ȧ5˄ıĩ(Sďıs䄾20㬳Jǎ ı䆀ধPSçs;䯅ᣅ‹㐔ㅎĒc䩻cJㅎ(%193႟sc㽈152଺䆀ǴUᒖƯl‹ußx. ՙǎ /.ı䯈xı㬳uǎ˄U2ߋ⬡㽯

.䞈⪘cဲ

ç˄¸ 㺕ı6uß䂒‹cısıမ5sc⎧‹úrlĚc.˄scd䂑‹5䂑ॷ‹J䆀⡌JL䆀ᡱ‹䞈cᨴs›╌ç› 㪴sǖ ǖ sðı❮䣊ᚤㅎg⸡Ǎ˄

.ffi㻬Ӏ; ᚡ㬆PĚcøcsıáØǗxǍ c˄ǖ ı䆀ê;ㅎJ›㩘c¸ ï‹ⲾㅎúlçA‹çısßc›

ç䎀5˄¸ ıĩ(ďıs䄾206▥䍖䕊.䞈ㅎ⪘cဲ⸗żӉ. ť䆀gı䄌S5˄¸ ıĩcı䤘Ǎ˄ċ⽙›ᣅs.˄Sç㵑䂬ıⴑUı౉sJçSgı xǎ ՙ¸ Ǎ çὪıúł㦇lċ⽙‹ußx. ՙǎ /¸ .㈊c⸗ıcE⯛25˝䥟¢dçǎ˄csp5˄¸ ıĩ⧏㭯ㅎ⽙ᣅ‹㈊c⸗ıမ/Ǘ ¸ a㽈31˝䥟¢yUł

.䞈˄ǎ ৄ;Ȧdċ⸗䍖;Ȧ5˄¸ ıĩ(ďıs䄾3⮻➟ıJǎ ı䆀2026

åℶ›䆀◈䣊ᚤcsı䓟஗ߓ╌çUbgı⽙〪䞈䩵1ĒcE䚽˄ǖ ‹䞈cEલ╌çcKvúrlUn6›ᣅxdg⸡Ǎ˄ᱵÉı

.䞈gcsǖ ǎ ❆cEલㅎċBı6䯏ť╌Ⲛıx

30

2025

10

FIRST QUARTER ENDED SEPTEMBER 30, 2025

(UN-AUDITED)

2025

11

1st Quarterly Accounts

September 30,

As at September 30, 2025

Note

(Un-audited) (Audited)

September 30 June 30

2025 2025

Rupees in thousand

The annexed notes form an integral part of this condensed interim financial information.

For the three months period ended September 30, 2025

Note

Three months period ended September 30 September 30

2025 2024

Rupees in thousand

The annexed notes form an integral part of this condensed interim financial information.

1st Quarterly Accounts 2025 13

For the three months period ended September 30, 2025

Three months period ended September 30 September 30

2025 2024

Rupees in thousand

Profit after taxation and levies 44,532 10,627

Items that will not be reclassified subsequently to statement of profit or loss:

- Unrealised gain on remeasurement of short

For the three months period ended September 30, 2025

Capital Reserves Revenue Reserves Revaluation Fair value gain/

Share capital Share

surplus on (loss) on short

General

Unappropriated

Total

premium

freehold land

term

investments

reserve

profit

Rupees in thousand

Balance as at July 01, 2025 (audited) 308,109 41,081 2,984,467 (244,987) 74,172 7,146,679 10,309,521

Total comprehensive income for the period ended September 30, 2025

- profit for the period

- other comprehensive income

- - -

-

-

- - 75,630

- 44,532

44,532

75,630

- -

- - - 75,630 - 44,532 120,162

Balance as at September 30, 2025 (Un-audited) 308,109 41,081 2,984,467 (169,357) 74,172 7,191,211 10,429,683

Balance as at July 01, 2024 (audited) 308,109 41,081 2,984,467 (201,507) 74,172 6,878,490 10,084,812

Total comprehensive income for the period ended September 30, 2024

-

-

-

-

-

-

-

20,818

-

-

10,627

-

10,627

20,818

• profit for the period

• other comprehensive income

- - - 20,818 - 10,627 31,445

Balance as at September 30, 2024 (Un-audited) 308,109 41,081 2,984,467 (180,689) 74,172 6,889,117 10,116,257

The annexed notes form an integral part of this condensed interim financial information.

Chief Executive

Chief

Officer

Director

Financial

1st Quarterly Accounts 2025 15

For the three months period ended September 30, 2025

Cash flow from operating activities

Three months period ended September 30 September 30

2025 2024

Rupees in thousand

The annexed notes form an integral part of this condensed interim financial information.

For the three months period ended September 30, 2025

1. LEGAL STATUS AND OPERATIONS

   Reliance Weaving Mills Limited (the Company) was incorporated in Pakistan as a public limited company on April 07, 1990 under the Companies Ordinance, 1984 (now the Companies Act, 2017) and its shares are quoted on Pakistan Stock Exchange Limited. The Company commenced its operations on May 14, 1990 and is principally engaged in manufacturing and sale of yarn and fabric.

   Locations:

   The registered office of the Company is situated at second Floor, Trust Plaza, L.M.Q. Road, Multan and its mills are located at Fazalpur Khanewal Road, Multan and Mukhtarabad, Chak Beli Khan Road, Rawat, Rawalpindi.

2. BASIS OF PREPARATION

   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 for interim financial reporting 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; 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, the provisions of and directives issued under the Companies Act, 2017 have been followed.

3. ACCOUNTING POLICIES

   The accounting policies and methods of computation adopted in the preparation of these condensed interim financial statements are the same as those applied in the preparation of preceding annual financial statements of the Company for the year ended June 30, 2025.

4. These condensed interim financial statements are being submitted to the shareholders as required by section 237 of the Companies Act, 2017. These condensed interim financial statements do not include all the information and disclosures as required in the annual financial statements and should be read in conjunction with the Company's audited financial statements for the year ended June 30, 2025.

5.1 Operating fixed assets

Un-audited Audited

September 30 June 30

2025 2025

Rupees in thousand

6 LONG TERM INVESTMENTS

Fatima Energy Limited

(At fair value through other comprehensive income) Investment in Ordinary Shares

Total shares held at period / year end - 90,195,083

Un-audited Audited

September 30 June 30

2025 2025

Rupees in thousand

Associated Company

Fatima Transmission Company Limited

Investment in Ordinary Shares (under equity method)

7,187,500 ordinary shares of Rs.10 each - cost Equity held: 31.25%

Share of post acquisition loss and other comprehensive loss -net

71,875 71,875

(71,875) (71,875)

Note

Un-audited Audited September 30 June 30

2025 2025

Rupees in thousand

1. SHORT TERM INVESTMENTS

   (At fair value through other comprehensive income)

   Quoted

   Fatima Fertilizer Company Limited

   Opening fair value of 2,625,167 fully paid

   ordinary shares of Rs. 10 each 260,968 135,511

   Fair value adjustment 75,630 125,457

   Fair value at the end of the period / year 336,598 260,968

   Others - Un-quoted

   Multan Real Estate Company (Private) Limited 272,504 272,504 609,101 533,471

2. LONG TERM FINANCES

   From financial institutions - secured 9.1 9,153,401 8,330,353

   Less: current portion (927,599) (876,830)

   8,225,802 7,453,523

   1. The movement of long term finance during the period / year ended is as follows:

      Opening balance	8,330,353	5,912,271
      Add: obtained during the period / year	999,913	4,350,000
      	9,330,266	10,262,271
      Less: repaid during the period / year	(176,865)	(1,931,919)
      Closing balance	9,153,401	8,330,353

3. CONTINGENCIES AND COMMITMENTS

   1. Contingencies

      There is no significant change in the status of contingent liabilities since the annual published audited financial statements as at June 30, 2025, except the following;

      Foreign and local bills discounted outstanding as at September 30, 2025 are Rs. 759.265 million (June 30, 2025: Rs. 997.809 million).

   2. Commitments

      1. Letters of credit for:

Un-audited Audited September 30 June 30

2025 2025

Rupees in thousand

Un-audited

Three months period ended

11.1 Export sales includes indirect export of fabric and yarn amounting to Rs.2,598 million (Sep 2024: Rs. 3,008 million).

1. TRANSACTIONS WITH RELATED PARTIES

   The related parties comprise of associated companies, undertakings and key management personnel. The Company in the normal course of business carries-out transactions with various related parties. Other significant transactions with related parties are as follows:

   Nature of transaction

   Un-audited

   Three months period ended September 30,

   2025 2024

   Rupees in thousand

   Associated undertakings

   - sale of goods 11,051 18,910

   - purchase of goods 1,035,973 993,546

   • mark-up income - 98

   • mark-up expense 596 -

   • dividend Income 9,188 -

   • funds received 325,365 25,940

     - payments made 590,251 371,142

   • other expenses shared 2,066 1,091

     Key management personnel

   • remuneration and other benefits 47,403 47,614

   Others

   Donations to Mian Mukhtar A. Sheikh Trust 2,500 4,600

2. FINANCIAL RISK MANAGEMENT `

   The Company's financial risk management objective and policies are consistent with those disclosed in the financial statements as at and for the year ended June 30, 2025.

3. CAPITAL MANAGEMENT

   The Company's capital management objective and policies are consistent with those disclosed in the financial statements as at and for the year ended June 30, 2025.

   NOTES TO THE CONDENSED INTERIM FINANCIAL INFORMATION (UN-AUDITED)

   For the three months period ended September 30, 2025

   22

4. SEGMENT REPORTING

   1. Reportable segments

      The Company's reportable segments are as follows:

      • Spinning segment - production of different quality of yarn using natural and artificial fibers

      • Weaving segment - production of different quality of greige fabric using yarn Information regarding the Company's reportable segments is presented below:

   2. Segment revenue and results

      Following is an analysis of the Company's revenue and results by reportable segments

      Spinning

      Weaving

      (Elimination of inter-segment transactions)

      Total

      -------------------------------------------------------------(Un-audited)-------------------------------------------------------------
      Sep. 30			Sep. 30	Sep. 30	Sep. 30	Sep. 30	Sep. 30	Sep. 30	Sep. 30
      2025			2024	2025	2024	2025	2024	2025	2024
      ----------------------------------------------------Rupees in thousand----------------------------------------------------------
      Sales - net	6,951,600		6,115,008	7,284,780	7,526,689	(3,500,556)	(2,918,768)	10,735,824	10,722,929
      Cost of sales	(6,519,914)		(5,603,163)	(6,837,131)	(6,958,737)	3,500,556	2,918,768	(9,856,489)	(9,643,132)
      Gross profit	431,686		511,845	447,649	567,952	-	-	879,335	1,079,797
      Distribution and
      marketing expenses	(34,519)		(28,774)	(104,341)	(105,359)	-	-	(138,860)	(134,133)
      Administrative expenses	(55,419)		(60,872)	(75,334)	(74,924)	-	-	(130,753)	(135,796)
      Other expenses	(938)		(4,176)	(1,981)	(5,141)	-	-	(2,919)	(9,317)
      Other income	10,867		4,323	22,939	30,168	-	-	33,806	34,491
      		(80,010)	(89,499)	(158,716)	(155,256)	-	-	(238,726)	(244,755)
      Profit from operations		351,676	422,346	288,933	412,696	-	-	640,609	835,042
      Finance cost		(406,616)	(483,573)	(236,895)	(311,612)	-	-	(643,511)	(795,185)
      (Loss) profit before taxation		(54,941)	(61,227)	52,039	101,084	-	-	(2,902)	39,857
      Taxation and levies		15,248	(8,713)	32,186	(20,517)	-	-	47,434	(29,230)
      (Loss)/Profit for the period		(39,693)	(69,940)	84,225	80,567	-	-	44,532	10,627

      1. The accounting policies of the reportable segments are the same as the Company's accounting policies described in the annual financial statements for the year ended June 30, 2025.

         ```

   3. Segment assets and liabilities

      1st Quarterly Accounts

      September 30, 2025

      23

      Spinning

      Weaving

      Total

      Reportable segments' assets and liabilities are reconciled to total assets and total liabilities as follows:

      Un-audited		Audited	Un-audited	Audited	Un-audited	Audited
      Sep. 30		June 30,	Sep. 30	June 30,	Sep. 30	June 30,
      2025		2025	2025	2025	2025	2025
      Rupees in thousand
      15.3.1 Segment assets for reportable segment
      Operating fixed assets	10,153,634	9,769,745	6,623,659	6,151,839	16,777,293	15,921,583
      Stores, spares and loose tools	431,208	460,811	137,093	143,848	568,301	604,659
      Stock-in-trade	10,496,059	7,633,281	2,991,330	4,246,633	13,487,389	11,879,914
      	21,080,901	17,863,837	9,752,082	10,542,319	30,832,983	28,406,156
      Unallocated corporate assets					12,011,143	10,863,934
      Total assets as per statement of financial position					42,844,126	39,270,090
      15.3.2 Segment liabilities for reportable segments	13,333,483	12,036,102	7,867,050	6,022,211	21,200,533	18,058,313
      Unallocated corporate liabilities					11,213,910	10,902,256
      Total liabilities as per statement of financial position					32,414,443	28,960,569

5. CORRESPONDING FIGURES

   1. In order to comply with the requirements of IAS 34 "Interim financial reporting", the condensed interim statement of financial position has been compared with the balances of annual audited financial statements of the preceding financial year, whereas, condensed interim statement of profit or loss, condensed interim statement of other comprehensive income, condensed interim statement of changes in equity and condensed interim statement of cash flows have been compared with the balances of comparable period of immediately preceding financial year.

   2. Corresponding figures have been re-arranged and re-classified, wherever necessary, for the purposes of comparison; however, no significant re-classifications / re-statements have been made to these condensed interim financial statements.

6. DATE OF AUTHORIZATION

   This condensed interim financial information is authorized for issue on October 30, 2025 by the Board of Directors of the Company.

7. GENERAL

Figures have been rounded off to the nearest thousand rupees except as stated otherwise.