Envoy Textiles reported a sharp rise in profit in the July-September quarter of fiscal 2025-26, driven by higher revenue and lower financial expenses.

According to its financial statements disclosed today, the company's net profit stood at Tk 38 crore, up 50 percent year-on-year.

Its revenue grew 8 percent to Tk 474 crore, while financial expenses fell 8 percent to Tk 35 crore.

The company's earnings per share rose to Tk 2.26 for the quarter, compared with Tk 1.51 a year earlier.

Its net operating cash flow per share also improved significantly, reaching Tk 3.67 against Tk 0.48 in the same period last year.

As of October 31, sponsors and directors of the company held 65.18 percent of shares, public 13.40 percent and the rest owned by institutions and foreign investors, as per Dhaka Stock Exchange data.

Envoy Textiles, established as Bangladesh's first denim project with rope-dye technology, is a 100 percent export-oriented manufacturer. The company operates one of the country's largest denim facilities on 45 acres of land in Bhaluka, Mymensingh, about 60 kilometres from Dhaka, according to its website.