Karachi: Pakistan Synthetics Limited has disclosed its financial results for the quarter ending September 30, 2026, revealing notable improvements in both revenue and profit compared to the same period last year. The company reported its financials on October 29, 2026.

The company's revenue from contracts with customers reached 3.84 billion rupees, up from 2.74 billion rupees in the previous year, marking a very large or significant move. This increase reflects the company's enhanced sales performance over the past year.

Gross profit stood at 575.24 million rupees, compared to 442.37 million rupees a year ago. Administrative and general expenses were recorded at 49.35 million rupees, and distribution and selling costs were 12.60 million rupees. Other operating expenses amounted to 61.67 million rupees. The allowance for expected credit loss was 1.52 million rupees, with the total other operating expenses reaching 125.13 million rupees, up from 69.19 million rupees in the corresponding quarter of the previous year.

The operating profit for the quarter was reported at 450.11 million rupees, compared to 373.17 million rupees in the previous year. Other income amounted to 7.17 million rupees, while finance costs were slightly lower at 122.04 million rupees compared to last year's 122.33 million rupees. The share of loss on investment in associate was 12.63 million rupees, down from 34.59 million rupees.

Profit before taxation and levy was 322.60 million rupees, showing a big move from the previous year's 227.16 million rupees. After accounting for taxation and levy of 135.62 million rupees, the profit for the period was 186.98 million rupees, compared to 129.83 million rupees last year.

According to information available from the Pakistan Stock Exchange (PSX), the earnings per share for Pakistan Synthetics Limited for the quarter were 1.35 rupees, compared to 0.94 rupees in the corresponding quarter of the previous year.

This report underscores Pakistan Synthetics Limited's improved financial performance, highlighting its ability to increase profitability amidst rising costs and market challenges. The designated market category for these results remains focused on the company's financial standing within the broader market context.