Burshane LPG (Pakistan) Limited has reported a significant improvement in its financial performance, posting a net profit of Rs173.10 million for the quarter ended September 30, 2026, compared with a profit of Rs1.44 million in the corresponding period last year.
According to the company’s financial results submitted to the Pakistan Stock Exchange (PSX), earnings per share (EPS) increased to Rs7.70 from just Rs0.06 in the same quarter of the previous year, reflecting a substantial improvement in profitability.
The company’s net sales surged to Rs3.30 billion during the July-September quarter, compared with Rs522.40 million in the corresponding period of 2025. This strong increase in revenue was accompanied by a rise in gross profit, which reached Rs224.42 million against Rs30.95 million a year earlier.
Operating performance also improved considerably. Burshane LPG recorded an operating profit of Rs167.93 million, reversing an operating loss of Rs12.38 million reported in the same period last year.
Administrative expenses increased to Rs33.06 million from Rs25.45 million, while distribution and marketing expenses rose to Rs20.91 million compared with Rs17.14 million. Other expenses also increased to Rs2.52 million.
Despite these expenses, the company maintained a stronger operating position. Financial costs declined to Rs5.96 million from Rs7.71 million, while other income stood at Rs19.36 million compared with Rs22.84 million in the corresponding quarter.
Profit before taxation reached Rs173.10 million, compared with Rs1.44 million last year. The company reported no income tax charge in the presented results, while the minimum tax differential amounted to Rs8.24 million.
The company’s balance sheet also showed growth. Total assets increased to Rs1.70 billion as of September 30, 2026, compared with Rs1.37 billion at June 30, 2026. Current assets rose to Rs802.52 million from Rs455.34 million, supported by higher stock-in-trade, trade debts, advances and cash balances.
Cash and bank balances increased to Rs178.59 million from Rs117.72 million at the end of June 2026. Meanwhile, shareholders’ equity improved to Rs710.37 million from Rs537.27 million.
The company’s issued, subscribed and paid-up share capital increased to Rs269.87 million following the issuance of bonus shares amounting to Rs44.98 million. The statement of changes in equity reflects the capitalization of accumulated reserves through this issuance.
In its cash flow statement, Burshane LPG reported net cash flows generated from operating activities of Rs100.01 million, compared with net cash used of Rs32.63 million in the corresponding period last year. Net cash and cash equivalents at the end of the quarter stood at Rs49.19 million after accounting for short-term borrowings.
Meanwhile, the company’s Board of Directors, in a meeting held on October 30, 2026, considered and approved the unaudited financial statements for the quarter ended September 30, 2026. The board did not announce any cash dividend, bonus shares or right shares alongside the results.
The latest financial performance marks a notable improvement in Burshane LPG’s profitability and revenue generation. Investors will be watching the company’s upcoming results to assess whether this positive momentum can be sustained in the remaining quarters of the financial year.
