Sitara Energy Limited has reported a significant improvement in its consolidated financial performance for the first quarter ended September 30, 2026, posting a net profit of Rs23.23 million compared with Rs3.64 million in the corresponding period last year.

According to the company’s financial results submitted to the Pakistan Stock Exchange (PSX), consolidated net profit increased substantially during the quarter, reflecting stronger business performance compared with the same period of the previous financial year.

Consolidated Revenue Sees Strong Growth

The company’s consolidated net sales reached Rs86.38 million during the quarter, compared with Rs16.19 million in the corresponding quarter of the previous year. This represents a considerable increase in revenue.

Gross profit also improved significantly, reaching Rs28.66 million against a gross loss of Rs0.13 million in the same period last year.

Consolidated other operating income stood at Rs17.05 million, while operating expenses amounted to Rs45.71 million. Finance costs were recorded at Rs5.56 million.

Consequently, profit before taxation and final tax reached Rs24.31 million, compared with Rs4.51 million in the corresponding quarter last year.

After accounting for taxation of Rs1.08 million, consolidated net profit stood at Rs23.23 million, compared with Rs3.64 million previously.

Earnings Per Share Improve

The company’s consolidated earnings per share (EPS) increased to Rs1.22 for the quarter ended September 30, 2026, compared with Rs0.19 in the corresponding period of the previous year.

The improvement in EPS highlights the stronger profitability recorded during the reporting period.

Standalone Results Show a Different Picture

While the consolidated financial statements reflected a significant improvement, Sitara Energy Limited’s standalone results presented a different picture.

The company’s standalone net sales increased to Rs15.61 million from Rs7.97 million in the corresponding quarter last year. Gross profit reached Rs4.33 million compared with a gross loss of Rs2.25 million previously.

However, standalone profit before taxation was only Rs0.11 million, against Rs2.74 million in the same period last year. After a tax provision of Rs1.08 million, the company reported a standalone net loss of Rs0.97 million.

Standalone loss per share stood at Rs0.05 compared with earnings per share of Rs0.10 in the corresponding period.

No Dividend Announced

The Board of Directors, in its meeting held on October 30, 2026, did not recommend any interim cash dividend, bonus shares, right shares or other corporate entitlements.

The company also reported no other price-sensitive information in its announcement to the Pakistan Stock Exchange.

Outlook

Sitara Energy’s first-quarter consolidated results indicate a notable improvement in revenue, gross profit and overall profitability compared with the corresponding period last year. The increase in consolidated earnings per share further reflects this improvement.

However, the difference between standalone and consolidated profitability remains an important factor for investors to consider when evaluating the company’s financial position.

Investors will be looking forward to the company’s upcoming quarterly disclosures for further insight into its operating performance and financial outlook.