Lahore: JDW Sugar Mills Limited has announced its financial results for the first quarter ended December 31, 2025, revealing a notable increase in profits despite a decline in revenue. During a meeting held on January 29, 2026, the Board of Directors of the company decided against declaring any cash dividends, bonus shares, or rights shares for the period.
According to the un-consolidated financial statements, JDW Sugar Mills Limited reported a gross revenue of 30.89 billion rupees for the quarter, down from 41.55 billion rupees in the same period last year. This represents a very large or significant move in revenue. After accounting for taxes and commissions amounting to 4.37 billion rupees, the revenue from contracts with customers stood at 26.53 billion rupees, compared to 36.65 billion rupees previously.
The cost of revenue was recorded at 21.15 billion rupees, leading to a gross profit of 5.38 billion rupees, up from 3.38 billion rupees in the corresponding quarter of the previous year. Administrative expenses increased to 1.12 billion rupees, and selling expenses totaled 46.59 million rupees.
Notably, JDW Sugar Mills Limited achieved a profit from operations of 4.82 billion rupees, compared to 3.28 billion rupees last year. The finance cost was reduced to 1.26 billion rupees, resulting in a profit before taxation and levy of 3.56 billion rupees. After deducting a levy of 193.94 million rupees and taxation of 530.17 million rupees, the profit for the quarter was 2.84 billion rupees, compared to 1.28 billion rupees last year, marking a big move.
The consolidated financial statements echoed a similar trend, with gross revenue decreasing to 34.22 billion rupees from 50.65 billion rupees. Revenue from contracts with customers was 29.14 billion rupees, down from 44.43 billion rupees. However, the gross profit increased to 6.35 billion rupees, a rise from 4.26 billion rupees.
According to information available from the Pakistan Stock Exchange (PSX), the profit from operations for continuing operations was 5.39 billion rupees, up from 3.96 billion rupees. The profit before taxation, after accounting for levy and finance costs, was 3.94 billion rupees, up from 1.88 billion rupees in the prior year.
Profit attributable to owners of the holding company was 3.19 billion rupees, compared to 1.59 billion rupees last year, further emphasizing the company’s strong financial performance for the quarter. Earnings per share from continuing operations rose to 55.18 rupees from 27.30 rupees, with total earnings per share attributable to owners at 55.19 rupees.
While JDW Sugar Mills Limited faced challenges with revenue contraction, the company managed to leverage cost efficiencies and other income streams to deliver a strong profit performance for the quarter ending December 31, 2025.