Sitara Chemical EPS jumps over 60%

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MG News | September 22, 2025 at 09:57 AM GMT+05:00

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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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