KARACHI: JDW Sugar Mills Limited has reported a substantial increase in profitability for the nine months ended June 30, 2026, driven by improved operating performance and a significant rise in other income, according to the company’s latest financial results.
The company posted an unconsolidated profit after tax of Rs. 6.81 billion, more than doubling from Rs. 3.08 billion recorded during the corresponding period last year. Earnings per share (EPS) also witnessed a sharp increase, rising to Rs. 117.93 from Rs. 53.39 a year earlier.
JDW Sugar Mills generated gross revenue of Rs. 94.28 billion during the nine-month period, while revenue from contracts with customers stood at Rs. 81.79 billion. Gross profit improved significantly to Rs. 13.29 billion, compared with Rs. 9.87 billion in the same period of the previous year, reflecting stronger operational efficiency despite a decline in overall sales.
Operating profit surged to Rs. 13.37 billion, supported by a notable increase in other income, which reached Rs. 4.68 billion, partially offsetting higher administrative expenses and finance costs. Profit before taxation climbed to Rs. 7.56 billion, resulting in the strong bottom-line growth.
On a consolidated basis, the group reported a profit after tax of Rs. 4.96 billion, compared with Rs. 3.41 billion in the corresponding period last year. Consolidated earnings attributable to the owners of the holding company increased to Rs. 4.96 billion, while consolidated EPS improved to Rs. 85.83, up from Rs. 58.85 in the previous year.
Despite the strong earnings performance, the Board of Directors did not recommend any cash dividend, bonus shares, right shares, or any other corporate action for the period ended June 30, 2026.
The latest results highlight JDW Sugar Mills’ resilient financial performance amid a challenging operating environment, with higher profitability supported by improved margins and stronger non-operating income, reinforcing the company’s position as one of Pakistan’s leading integrated sugar producers.
