Karachi: Agro Processors and Atmospheric Gases Limited, a key player in the industrial market category, announced its financial results for the first quarter ended September 30, 2026. The company reported a moderate move in sales and profit figures compared to the previous year, reflecting a steady performance amid challenging market conditions.

The company's net sales for the quarter reached 5.57 billion rupees, up from 5.53 billion rupees in the same period last year. This increase marks a minor move of 0.65% in sales. The cost of sales was reported at 4.67 billion rupees, nearly unchanged from the 4.67 billion rupees recorded a year earlier. Consequently, the gross profit rose to 901.01 million rupees from 866.10 million rupees, indicating a moderate move in profitability.

Operating expenses, consisting of administrative, selling, and distribution expenses, totaled 528.65 million rupees, compared to 497.11 million rupees last year. Despite these increased costs, the company managed to achieve an operating profit of 372.36 million rupees, a slight rise from 368.99 million rupees in the previous year.

According to information available from the Pakistan Stock Exchange (PSX), the finance cost saw a significant improvement, decreasing to 48.68 million rupees from 62.38 million rupees. This reduction in finance costs contributed to an enhanced profit before levy and taxation, which stood at 336.21 million rupees, up from 313.34 million rupees.

The company reported a tax expense of 135.62 million rupees, leading to a net profit of 200.59 million rupees for the quarter, compared to 181.86 million rupees in the previous year. This represents a big move of 10.3% in net profit. Earnings per share also saw an improvement, rising to 0.59 rupees from a restated 0.55 rupees.

The results indicate a stable financial performance by Agro Processors and Atmospheric Gases Limited, highlighting its resilience and ability to navigate through economic fluctuations.