Karachi: S.S. Oil Mills Limited has reported a notable increase in its net sales for the first quarter ended September 30, 2026, according to the company's un-audited financial statement released on October 30, 2026.

The statement reveals that net sales for the three-month period reached approximately 4.65 billion rupees, a significant increase from the 3.02 billion rupees reported during the same period last year. The company attributed this growth to improved market conditions and increased demand for its products.

The cost of goods sold also rose, totaling about 4.32 billion rupees compared to 2.78 billion rupees in the prior year. Despite the rise in costs, the company's gross profit improved to 326.14 million rupees, up from 234.01 million rupees, indicating a strong performance in its core operations.

Operating profit for the quarter stood at 289.79 million rupees, compared to 211.02 million rupees last year. This increase reflects the company's effective management of its administrative and general expenses, which were recorded at 32.52 million rupees, and selling and distribution expenses at 3.84 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), S.S. Oil Mills Limited's earnings per share rose to 30.72 rupees from 25.30 rupees, reflecting a big move in profitability.

The company's net profit before tax was reported at 254.20 million rupees, while net profit for the period reached 173.81 million rupees, up from 143.14 million rupees a year earlier. This increase was achieved despite a rise in financial charges and taxation. Current taxation increased to 58.13 million rupees from 37.73 million rupees, while deferred taxation stood at 22.26 million rupees, compared to 5.99 million rupees last year.

S.S. Oil Mills Limited operates within the designated market category of the oil mills sector, continuing to build on its financial performance amid evolving market dynamics.