Karachi: Tandlianwala Sugar Mills Ltd. has released its financial results for the nine-month period ended June 30, 2026, reporting a notable increase in net sales but a decline in profit after taxation when compared to the previous year. The Board of Directors, in their meeting on July 29, 2026, announced that no cash dividend, bonus shares, or right shares will be issued.
The company's net sales for the nine-month period surged to approximately 46.05 billion rupees, a significant rise from the 30.30 billion rupees recorded during the same period in 2025. This increase marks a very large or significant move in net sales. However, the cost of sales also rose substantially to approximately 42.11 billion rupees from 26.25 billion rupees, impacting the gross profit, which slightly decreased to approximately 3.94 billion rupees from 4.05 billion rupees the previous year.
Administrative and distribution expenses collectively amounted to approximately 715.79 million rupees, showing a marginal increase from the previous year's 711.16 million rupees. The company reported other income at approximately 8.38 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), the company's profit from operations decreased to approximately 3.22 billion rupees from 3.34 billion rupees the previous year. The finance cost reduced to approximately 2.13 billion rupees from 2.65 billion rupees, a moderate move reflecting the company's efforts to manage its financial expenses effectively.
The profit before taxation and levy increased to approximately 1.02 billion rupees from 638.91 million rupees, while the profit after taxation saw an increase to 462.74 million rupees from 287.77 million rupees, a big move reflecting a positive change despite higher taxation costs of approximately 495.01 million rupees compared to 351.14 million rupees in 2025.
Earnings per share for the period improved to 3.93 rupees from 2.44 rupees, indicating an enhancement in shareholder value despite the challenges faced. The company's performance reflects the complex dynamics of the designated market category, where rising costs and financial management play a critical role in financial outcomes.