Sitara Chemical EPS jumps over 60%
MG News | September 22, 2025 at 09:57 AM GMT+05:00
September 22, 2025 (MLN): Sitara Chemical Industries limited (PSX:SITC) has shared its financial results for the year ended June 30, 2025 and revealed that the company’s profit for the year surged by a remarkable 60.4%, driven by improved operational efficiency and a decrease in finance costs.
According to the
consolidated statement of profit or loss, the company’s profit for the year
stood at Rs939.27m, a substantial increase from Rs585.51m in the previous
fiscal year.
This robust
performance is also reflected in the basic and diluted earnings per share
(EPS), which jumped by an identical 60.4%, from Rs27.32 to Rs43.83, a strong
signal to investors.
The foundation of
this impressive profit growth was a solid top-line performance, with revenue
from contracts with customers increasing by 4.6% to Rs32.53bn.
Despite this modest
revenue growth, the company achieved a much higher increase in its gross
profit, which rose by 14.2% to Rs5.62bn, indicating effective control over its
core cost of sales.
These increases were
partially offset by a favorable 18.9% decrease in finance costs and a dramatic
97% reduction in final taxes, which contributed to the strong bottom-line
result.
The company’s profit
before tax increased by a strong 71.5% to Rs1.86bn, emphasizing a year of
strong operational performance despite facing some rising costs.
|
STATEMENT
OF PROFIT OR LOSS FOR THE YEAR ENDED JUNE 30, 2025 (Rs.) |
|||
|
Description |
FY25 |
FY24 |
change% |
|
Revenue
from contracts with customers - net |
32,530,215,524 |
31,111,879,733 |
4.6% |
|
Cost of
sales |
(26,911,254,339) |
(26,192,619,872) |
2.7% |
|
Gross
profit |
5,618,961,185 |
4,919,259,861 |
14.2% |
|
Distribution
cost |
(520,923,571) |
(573,592,640) |
-9.2% |
|
Administrative
expenses |
(1,259,270,477) |
(1,131,694,578) |
11.3% |
|
Impairment
loss on financial assets |
(170,681,422) |
(10,114,622) |
1587.5% |
|
Other
expenses |
(193,769,295) |
(68,572,999) |
182.6% |
|
Finance
cost |
(1,903,629,448) |
(2,348,697,881) |
-18.9% |
|
Other
income |
290,619,451 |
355,293,508 |
-18.2% |
|
Profit
before income tax and final tax |
1,861,306,423 |
1,141,880,649 |
63.0% |
|
Final
tax |
(1,758,000) |
(57,806,602) |
-97.0% |
|
Profit
before tax |
1,859,548,423 |
1,084,074,047 |
71.5% |
|
Provision
for taxation |
(920,273,870) |
(498,566,401) |
84.6% |
|
Profit
for the year |
939,274,553 |
585,507,646 |
60.4% |
|
Earnings
per share - basic and diluted |
43.83 |
27.32 |
60.4% |
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