Karachi: Aisha Steel Mills Limited has released its financial results for the quarter ended September 30, 2026, revealing significant growth in revenue and gross profit. According to the report dated October 26, 2026, the company has demonstrated notable performance improvements compared to the same period last year.

The company's revenue from contracts with customers reached 18.04 billion rupees for the quarter, up from 9.46 billion rupees in the previous year. This represents a very large increase of 90.62%. Correspondingly, the cost of sales also increased to 16.10 billion rupees from 8.54 billion rupees. Despite the rise in costs, Aisha Steel Mills reported a gross profit of 1.94 billion rupees, up from 922.01 million rupees, marking a big move of 110.06%.

The financial results detailed an increase in selling and distribution costs, which rose to 656.60 million rupees from 244.14 million rupees, and a rise in administrative expenses to 196.90 million rupees from 145.53 million rupees. Consequently, the operating profit stood at 1.08 billion rupees, up from 532.34 million rupees.

Aisha Steel Mills also recorded other expenses amounting to 92.33 million rupees, compared to 10.18 million rupees the previous year. Other income slightly decreased to 22.40 million rupees from 23.26 million rupees. The finance costs were reported at 484.94 million rupees, a decrease from 525.35 million rupees, which contributed to a profit before levies and income tax of 528.24 million rupees, significantly up from 20.06 million rupees last year.

According to information available from the Pakistan Stock Exchange (PSX), the company’s profit before income tax was 528.24 million rupees, compared to 6.30 million rupees in the prior year. After accounting for an income tax charge of 192.27 million rupees, the profit after taxation was reported at 335.96 million rupees, compared to 82.04 million rupees in 2025, representing a very large increase of 309.52%.

The earnings per share for the quarter stood at 0.34 rupees basic and 0.33 rupees diluted, compared to 0.07 rupees basic and 0.08 rupees diluted during the same period last year. The results indicate strong financial performance and a robust increase in profitability for Aisha Steel Mills in the designated market category.