Karachi: Al-Noor Sugar Mills Limited has announced a notable improvement in its financial performance for the three-month period ending December 31, 2025. The company reported a profit after levies and income tax amounting to Rs. 101,969,000, a significant rebound from a loss of Rs. 43,101,000 in the same period the previous year. This development was revealed during a board meeting held on January 27, 2026.

The company's sales for the quarter stood at Rs. 4.51 billion, reflecting a downturn from Rs. 5.61 billion recorded in the corresponding period last year. Despite the decrease in sales, Al-Noor Sugar Mills achieved a gross profit of Rs. 742.36 million, up from Rs. 376.45 million, due to lower cost of sales. The cost of sales was reported at Rs. 3.77 billion, compared to Rs. 5.23 billion in the previous year.

According to information available from the Pakistan Stock Exchange (PSX), the company did not declare any cash dividends, bonus issues, or right shares for the period under review. The earnings per share for the quarter increased to Rs. 4.98, a turnaround from a loss per share of Rs. 2.11 last year.

Al-Noor Sugar Mills also reported a decline in finance costs, which fell to Rs. 113.09 million from Rs. 193.57 million, and an increase in other operating expenses to Rs. 22.91 million from a negligible Rs. 5,000 in the previous period. The effective management of administrative expenses, which dropped to Rs. 247.34 million from Rs. 275.98 million, contributed to the company's positive financial outcome.

The company’s balance sheet showed a total asset base of Rs. 17.98 billion as of December 31, 2025, a rise from Rs. 16.31 billion reported at the end of the previous year. The increase in assets is primarily attributed to the rise in stock in trade and trade debts.

Al-Noor Sugar Mills' cash flow from financing activities saw a significant increase, with net cash inflow reported at Rs. 1.70 billion, driven largely by proceeds from long-term financing amounting to Rs. 1.85 billion. The company's cash and cash equivalents at the end of the period surged to Rs. 2.16 billion from Rs. 1.12 billion, supported by increased short-term investments.

The positive financial results indicate a big move in the company’s operational and financial strategy, showcasing its resilience in navigating challenging market conditions. The results will be formally communicated to stakeholders through the company's quarterly report, to be transmitted via PUCARS within the stipulated timeframe.