KARACHI: Burshane LPG (Pakistan) Limited has posted a strong turnaround in its financial performance for the quarter ended March 31, 2026, reporting a net profit of Rs90.49 million compared with a loss of Rs14.31 million recorded in the corresponding period last year. The company’s board approved the unaudited financial statements in its meeting held on April 29, 2026.

The company reported earnings per share (EPS) of Rs4.02, a significant improvement from the loss per share of Rs0.64 posted in the same quarter of the previous year. The sharp recovery reflects a substantial improvement in operating performance despite continued finance costs and taxation during the period.

Burshane LPG generated an operating profit of Rs104.19 million, compared with an operating loss of Rs1.19 million in the corresponding quarter last year. Profit before levy and taxation also rebounded to Rs92.47 million, highlighting stronger operational efficiency and improved business fundamentals.

The board did not announce any cash dividend, bonus shares, or right shares for the quarter, opting instead to retain earnings as the company continues to strengthen its financial position.

The latest results mark a notable recovery for Burshane LPG after a challenging period last year. The return to profitability, coupled with stronger operating margins, signals improving business momentum and provides a positive outlook for the company’s performance in the remainder of FY2026.