Sitara Petroleum Service Limited has announced its financial results for the nine months and quarter ended March 31, 2026, demonstrating significant growth in revenue, profitability, and shareholder value. The Board of Directors approved the results during its meeting held on June 11, 2026, and recommended no dividend for the period.<\/p>\n
During the nine-month period, the company achieved sales revenue of Rs. 106.42 billion, compared to Rs. 85.82 billion in the corresponding period last year, reflecting an increase of approximately 24%. Gross profit rose substantially to Rs. 6.67 billion from Rs. 3.93 billion, highlighting improved operational efficiency and stronger business performance.<\/p>\n
Profit before taxation and levy increased to Rs. 5.51 billion, compared with Rs. 2.98 billion recorded during the same period last year. After accounting for taxes, Sitara Petroleum posted a net profit of Rs. 4.41 billion, representing a remarkable growth of nearly 90% from the Rs. 2.32 billion earned in the corresponding period of 2025.<\/p>\n
The company’s earnings per share (EPS) improved significantly to Rs. 3.15, compared to Rs. 1.66 in the previous year, delivering enhanced returns to shareholders.<\/p>\n
On the balance sheet front, total assets expanded to Rs. 25.45 billion as of March 31, 2026, compared with Rs. 19.83 billion at the end of June 2025. Shareholders’ equity also strengthened, reaching Rs. 13.07 billion, supported by higher retained earnings generated during the period.<\/p>\n
Cash and bank balances stood at approximately Rs. 710 million at the end of March 2026, while operating activities generated healthy net cash inflows of Rs. 6.46 billion, demonstrating the company’s strong cash-generating capability.<\/p>\n
The results underscore Sitara Petroleum’s continued growth trajectory, driven by rising sales volumes, improved margins, and effective financial management. The company’s strengthened balance sheet and enhanced profitability position it well for future expansion and long-term value creation.<\/p>\n
Key Highlights:
\n\u2022 Sales increased by 24% to Rs. 106.42 billion.
\n\u2022 Gross profit grew to Rs. 6.67 billion.
\n\u2022 Net profit surged by approximately 90% to Rs. 4.41 billion.
\n\u2022 Earnings per share improved to Rs. 3.15 from Rs. 1.66.
\n\u2022 Total assets expanded to Rs. 25.45 billion.
\n\u2022 Operating cash flows remained strong at Rs. 6.46 billion.
\n\u2022 No dividend was announced for the period.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sitara Petroleum Reports Strong Financial Performance for Nine Months Ended March 31, 2026 Sitara Petroleum Service Limited has announced its financial results for the nine months and quarter ended March 31, 2026, demonstrating significant growth in revenue, profitability, and shareholder value. The Board of Directors approved the results during its meeting held on June 11, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[133],"tags":[55],"class_list":["post-375","post","type-post","status-publish","format-standard","hentry","category-sitara-petroleum-service-limited-spsl-psx","tag-financial-results","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=375"}],"version-history":[{"count":1,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/375\/revisions"}],"predecessor-version":[{"id":376,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/375\/revisions\/376"}],"wp:attachment":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}