ZAHIDJEETEXTILE MILLS LI?ITED Lgd*'L-Zs+J
ZTML/FR-Q-3/2025
Date: April 29, 2025
The General Manager
Pakistan Stc›ck Exchange Limited Karachi.
Dear Sir,
ANNOUNCEMENT OF FINANCIAL RESULTS FOR THE NINE MONTHS ENDED MARCH 31,2025
We wish to inform you that the Board of Directors of Zahidjee Textile Mills Limited in its rreeting held on April 29, 2025, at 04:00 P.m. at the Company's Head Office, has approved the Financial Staterrents of the Company for the nine rronths ended Mamh 31, 2025, and recommended the following:
Cash Dividend
Bonus Shares
Right Shares
Nil Nil Nil
Financial Results
The following financial statements of the company are akached:
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED)
CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION (UN-AUDITED)
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UN-AUDITED)
CONDENSED INTERIM STATEMENT OF CASH FLOWS (UN-AUDITED)
The Quarterly Report of the Company for the period ended March 31, 2025, will be transmitted through PUCARS, within the specified time.
Yours Faithfully,
d A raf Secretary
CC: Director/HOD
Surveillance, Supervision and Enforcement Department Securities and Exchange Commission of Pakistan NIC Building,63 Jinnah Avenue
Islamabad. " "
ZAHI@EE TEXTILE MILLS LIMITED
CONDENSED INTERIM STATEMENT OF PROFIT OR LO6S (UN•AUDfTED) FOR THE NINE MONTHS ENDED MARCH 31, 2025
Quarter •nded March 31, Nine month• •oded March 21,
Note | 2025 Rupa•s | 2024 Rupaes | 2025 Rupaee | 2034 Rupees | |||
Sales | 7 | 10,76g,848,631 | 9,829,989,152 | 30,9g1,877,838 | 28.070,601.275 | ||
Cost of sales | 8 | 10,177,276,4g6 | 9,231,781,752 | 2g,220,372,56g | 26,606,593,274 | ||
Gross profit | 5g2,572,135 | 598,207,400 | 1,721,503,g6g | 1,464,00 ,001 | |||
Trading profit | 258,892 | 533,241 | 355,321 | 720,616 | |||
Other income | 160,439, '10 | 148,236,544 | 800,095,978 | 711,471,799 | |||
753,270,537 | 746,977.185 | 2,321,955,288 | 2.176,200,416 | ||||
Distribution cost | 63,433,M2 | 44,626,473 | 183,437,980 | 154,341,777 | |||
Administrative expenses | 41,181,861 | 40,825,686 | 204,350,746 | 188.491,326 | |||
Oher operating expenses | 15,00S,265 | 17,617,709 | 53,221,438 | 44,777,474 | |||
Finance cost | 238,b12,52g | 364,945,413 | 760,88g,724 | 993,592,400 | |||
25g,432,3g6 | 468,015,281 | 1,202,00g,888 | 1,381,202,978 | ||||
Profit for the year before levies and income tax | 393,838,141 | 278,961,904 | 1,119,445,381 | 794,997,438 | |||
Levies | 14028,6B6 | 94,766,095 | 95,879,883 | 173,121,469 | |||
Profit for the year before taxation | 379,809,155 | 184.195.810 | 1,024,065.488 | 621,875,969 | |||
Provision for taxation | 9 | 77,7J7,Y25 | 40.614,041 | 74,19d,916 | |||
Profit for the year | 302,0£1,IOO | 143,581,768 | 959,534,824 | 547,681,053 | |||
Eamin0* per share - Basic and diluted | 0.75 | 2.86 |
The annexed notes from 1 to 14 form an integral part of these financial statements.
ZAHTDJEE TEXTILE MILLS LIMITED
CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION (UN•AUDITED) AS AT MARCH 31, 2025
NON • CURRENT ASSETS
Un•audited
March 31,
2025
Rupaes
Audited June 30,
2024
Rupees
Property, plant and equipment | 3 | 14,893,191,340 | 15,641,316,550 | |||
Long term security deposits | 8,475, 784 | 8,475,784 | ||||
14,901,667,124 | 15,649,792,334 | |||||
CURRENT ASSETS | ||||||
Stores, spares and loose tools | 379,418,001 | 353,192.697 | ||||
Stock in trade | 5,451.339,349 | 3,986,474.536 | ||||
Trade debts | 3,916,916,672 | 3,797,606,090 | ||||
Loans, advances and deposit | 533,040,076 | 470.481,790 | ||||
Prepayments | 29,434,326 | 250,457,366 | ||||
Other receivables | 113,142,221 | 36,044,992 | ||||
Short term investment | 207,64O,7t 1 | 159,864,144 | ||||
Tax refunds due from Government | 988,232,774 | 4g7,580,340 | ||||
Cash and bank balances | 5 | 4,262,309,559 | 4 139,123,929 | |||
15,881,473,690 | 13,690.825,884 | |||||
Non-current assets | ||||||
held for sale | ||||||
15,881,473,690 | 13,690,825,884 | |||||
CURRENT LIABILITIES | ||||||
Trade and other payables | 3,33B,467,615 | 2,665,346,383 | ||||
|nterest / mark up payable | 134,482,270 | 246,729,036 | ||||
Short term borrowings | 4,305,502,663 | 3,009,412.776 | ||||
Unclaimed dividend | 13,070,334 | 13,070,334 | ||||
Current DOrtion of long term finanCe | 938,685,OOO | 858,822,983 | ||||
Provision for taxation - income tax | 674555,985 | 823,305,828 | ||||
9,404,763,867 | 7 616 687 340 | |||||
21,378,376,947 | 21,723,930,878 | |||||
3,331,527,267 | 4,580,845,170 |
998,1g6,58O | 1,130 940 629 |
NON - CURRENT LIABILITIES
Long termfnance
Deferred liability Deferred taxation
CONTINGENCIES AND COMMITMENTS
4,329,713,847
5,711,785,799
Net worth
Represented by :
Share capital Capital reserves Merger reserve
Surplus on revaluation of property, plant and equipment
1,914,210,990 | 1,914,210,990 |
366,258,513 | 366,258,513 |
3,245,666,083 | 3,491,794,897 |
11,522 527,513 | 10 239,880 679 |
Revenue reserves
17.048,663 099 16,012,145,079
17,048,663,099 16,012,145,079
16 012 145 o79
The annexed notes from 1 to J4 form an integral pad of these financial statements.
MIJIDJEE MODE MIW8 LIMTUD
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ZAktlDJEE TEXTILE MILLS LTMTTED
CONDENSED INTERIM STATEMENT OF CASE FLOWS {UN•AUDITED) FOR THE NINE MONTHS ENDED MARCH 31, 2025
al CASH FLOWS FROM OPERATING ACTIVITIES
Pro£a for the period before taxation Adjustment for:
Depreciation of property. plant and equipment
Nine momhe andea
2025
Rupees
g30,695,987
794,997,438
764,52B,480
Profit on deposits
Dividend income
(Gain) on disposal of short tarm investment (Gain)/ Loss on disposal of operating assets Balances written back / Off Net
Fair value adiustment short term investments
fl27,551
(8.g92.013}
(607,287,600)
(1.001.498)
(2114195)
(8,26 ,765)
(M,7W4.563)
Finance cost
760,999,7M 9Q3,592,4OO
Operating cash flows before workin0 «apitaI changes Changes in working capital
(Increase) / decrease in current aseets Stores, spares and loose tools
Stock in trade
Trade debts
Loans. advances end deposit
Prepayments Other receivables
Tax refunds due from Government
Trade and other payables
Cash (used in) / generated from operating activities
Finance cost paid
Income tax paid
2,230,683,134
(1,464,884,812) | (33,977,333) (115,745,B85) | |
(119,210,882) | (25,737,840) | |
(62,558,286) | 63,320,926 | |
221,023,040 tzz,oez,zze› | (2,688,129) (209,491,145) | |
(480.652,W) | (151,019.638) | |
673,121,233 | 1.672,775,839 |
‹1,s+e,rsc,azsl
g84.098,759
1,878,671,697
1,197,436,796
3,076,10B,493
(875,954,422)
(432,459,755)
Net cash (used in) / generated from operating activities 1,767,694,316
(ti) CASH FLOWS FROM INVESTING ACTIVITIES
Additions in property, plant and equipment Proceeds from disposal of operating assets Increase in short term investment
(Gain) on disposal of short term investment Profit on deposM
Dividend received
(1ea.r*e,eo2)
g7,778,567
371,228,094
187,254,117
6,645,4ae
(3,3fi4,810,523)
15,661,000
33,014,191
607287600
1,001,498
Net cash (used in) investing activhies (2,697,846,235)
Long term finance obtained
Repayment of long term tnance
Increase / (Decrease) in short term borrowings • net
Dividend paid
e.soo,eoo
{1,175,858,706)
1,845,030,202
(529,709,377)
520,001,246
(191,421,099)
Net cash generated from / (used In) financing activities Net increase in cesh and cash equivalents (a+b+c)
128,834,001 1,6d3,900,972
713,749,053
Cash and cash equivalents at the beginning of the period
d,ñ3g,523,92g
3,882,132,733
Cash and cash equivalents at the end of the perlod
< 2ez aoe rre 4 395 81 786
The annexed notes from 1 to 14 form an integral part of these financial statements