Karachi: Sardar Chemical Industries Limited has reported a rise in its quarterly profit for the first quarter ended September 30, 2026, driven by increased sales. According to a report released on November 13, 2026, the company's sales surged to 149.11 million rupees from 143.88 million rupees in the same period last year, marking an increase in demand for its products.
The cost of sales also increased slightly to 91.19 million rupees from 87.45 million rupees, resulting in a gross profit of 57.92 million rupees, up from 56.43 million rupees a year earlier. This reflected a moderate move in profitability for the company during this period.
Operating expenses showed a minor decrease with administrative expenses falling to 16.93 million rupees from 17.40 million rupees, while selling and distribution expenses rose to 6.14 million rupees from 5.16 million rupees. The overall operating profit for the period was 34.85 million rupees, compared to 33.87 million rupees in the previous year.
The company's financial statement also highlighted additional operating income of 4.25 million rupees, which was absent in the prior year's quarter. Finance costs slightly decreased to 1.61 million rupees from 1.76 million rupees, contributing to the company's improved profit before taxation, which stood at 37.50 million rupees, up from 32.11 million rupees last year.
After accounting for taxation of 10.77 million rupees, which increased from 9.07 million rupees, the company reported a net profit of 26.72 million rupees, compared to 23.04 million rupees in the previous year. This performance translated into earnings per share of 4.45 rupees, up from 3.84 rupees, illustrating a big move in shareholder returns.
According to information available from the Pakistan Stock Exchange (PSX), Sardar Chemical Industries Limited's financial health remains robust. The balance sheet for the quarter shows total assets and liabilities standing at 532.34 million rupees, compared to 508.16 million rupees at the end of June 2026. The company's capital and reserves increased to 400.43 million rupees from 373.71 million rupees, driven by an un-appropriated profit rise to 310.43 million rupees.
Current assets saw a rise, with stock in trade growing to 140.73 million rupees from 134.85 million rupees, and trade debts increasing significantly to 270.71 million rupees from 240.64 million rupees. However, cash and bank balances declined to 15.51 million rupees from 23.37 million rupees, reflecting strategic resource allocation.
Overall, Sardar Chemical Industries Limited's financial performance in the first quarter demonstrates resilience and growth potential, setting a positive tone for the remainder of the fiscal year.