Karachi: S. S. Oil Mills Limited has released its financial results for the fiscal year ending June 30, 2026, evidencing a notable period of growth and increased profitability. The company reported a substantial increase in net sales, which reached 13.68 billion rupees compared to 7.83 billion rupees from the previous year, marking a very large or significant move of approximately 74.76%.

The financial data, as per the company's statement of financial position, shows that the total equity and liabilities have surged to 4.79 billion rupees from 3.57 billion rupees over the year. This increase is primarily attributed to a rise in current liabilities and accumulated profit. The accumulated profit alone soared to approximately 1.89 billion rupees from 1.49 billion rupees, highlighting the company's improved financial performance.

According to information available from the Pakistan Stock Exchange (PSX), the oil mill's gross profit ascended to 942.33 million rupees, up from 579.49 million rupees, representing a very large or significant move of 62.63%. This growth was achieved despite the cost of goods sold reaching 12.74 billion rupees, up from 7.25 billion rupees in the prior year.

Operating profit also experienced a substantial increase, standing at 840.41 million rupees compared to 494.39 million rupees, while the net profit after taxation rose to 401.43 million rupees from 250.63 million rupees, representing a very large or significant move of 60.17%. Earnings per share increased to 70.94 rupees from 44.29 rupees, further indicating robust financial health.

The company's non-current liabilities saw a decrease, with long-term loans reducing to approximately 27.37 million rupees from 34.17 million rupees. Conversely, short-term borrowings nearly doubled, rising to 1.56 billion rupees from 996.71 million rupees, reflecting strategic financial maneuvers to support operational growth.

In terms of assets, S. S. Oil Mills Limited's current assets expanded significantly to 3.74 billion rupees from 2.42 billion rupees, with trade debtors and stocks in trade being the major contributors to this increase. Trade debtors alone increased to 1.68 billion rupees from 977.63 million rupees.

Overall, S. S. Oil Mills Limited's financial performance for the year ending June 30, 2026, underscores a period of marked growth driven by enhanced sales and effective cost management, as evidenced by the detailed financial statements released by the company.