Babri Cotton Mills Limited reported unaudited earnings results for the third quarter and nine months ended March 31, 2016. For the quarter, the company reported sales-net of PKR 397,333,000 compared to PKR 571,632,000 a year ago. Profit from operations was PKR 9,931,000 compared to loss from operations of PKR 1,595,000 a year ago. Profit before taxation was PKR 2,087,000 compared to loss before taxation of PKR 15,144,000 a year ago. Profit after taxation was PKR 2,469,000 or PKR 0.69 per share compared to loss after taxation of PKR 14,848,000 or PKR 4.07 per share a year ago.

For the nine months, the company reported sales-net of PKR 1,088,813,000 compared to PKR 1,300,494,000 a year ago. Loss from operations was PKR 16,155,000 compared to PKR 66,020,000 a year ago. Loss before taxation was PKR 36,830,000 compared to PKR 108,361,000 a year ago. Loss after taxation was PKR 4,844,000 or PKR 1.33 per share compared to PKR 77,875,000 or PKR 21.32 per share a year ago.