Shahtaj Sugar Mills Limited has announced its unaudited financial results for the half year ended March 31, 2026, highlighting a significant improvement in profitability compared to the same period last year.
According to the company’s financial statement submitted to the Pakistan Stock Exchange (PSX), Shahtaj Sugar Mills posted a profit after tax of Rs. 201.98 million for the half year ended March 31, 2026. This marks a remarkable turnaround from the loss of Rs. 39.33 million recorded during the corresponding period in 2025.
The company reported revenue from contracts with customers amounting to Rs. 4.71 billion, slightly lower than the Rs. 4.95 billion generated in the same period last year. However, despite the marginal decline in revenue, gross profit surged to Rs. 955.72 million compared to Rs. 435.27 million in the previous year, reflecting improved operational efficiency and stronger margins.
Profit from operations also witnessed substantial growth, reaching Rs. 587.82 million against Rs. 193.94 million recorded in the prior corresponding period. The company’s finance costs increased to Rs. 354.87 million, yet the overall profitability remained significantly stronger due to improved operational performance.
For the quarter ended March 31, 2026, Shahtaj Sugar Mills earned a profit after tax of Rs. 193.33 million, compared to a loss of Rs. 46.17 million during the same quarter last year.
Earnings per share (EPS) for the half year stood at Rs. 16.82, compared to a loss per share of Rs. 3.27 in the same period of 2025. Quarterly EPS was reported at Rs. 16.10 against a negative Rs. 3.84 in the prior year quarter.
The Board of Directors, in its meeting held on May 25, 2026, did not recommend any cash dividend for the period under review.
The latest financial results indicate that Shahtaj Sugar Mills has managed to strengthen its operational performance despite challenges in the sugar industry, positioning the company on a stronger financial footing heading into the remainder of the fiscal year.
