Karachi: Aisha Steel Mills Limited has released its financial statement for the year ending June 30, 2026, demonstrating a significant growth in both revenue and profit. The company's annual report, dated October 2, 2026, highlights key financial changes compared to the previous year.
The company's total assets rose to 51.79 billion rupees from 38.76 billion rupees in 2025. This increase was notably supported by a rise in current assets, which more than doubled to 28.80 billion rupees from 15.65 billion rupees. Inventories saw a substantial growth to 18.40 billion rupees, up from 8.10 billion rupees, while trade and other receivables increased to 3.51 billion rupees from 1.48 billion rupees.
According to information available from the Pakistan Stock Exchange (PSX), Aisha Steel Mills Limited recorded a notable boost in its revenue from contracts with customers, reaching 54.24 billion rupees, a very large move from the previous year's 33.75 billion rupees. This was accompanied by an increase in gross profit to 5.93 billion rupees from 1.67 billion rupees, indicating a significant improvement in the company's profit margins.
The company also reported a substantial rise in its operating profit, which climbed to 3.64 billion rupees from 603.86 million rupees. Despite facing a high finance cost of 1.73 billion rupees, a moderate move from the previous year's 2.73 billion rupees, the company managed to achieve a profit before income tax of 1.62 billion rupees, compared to a loss of 1.72 billion rupees in 2025.
The profit for the year was reported at 981.15 million rupees, a turnaround from the loss of 1.35 billion rupees in the previous year. The earnings per share also reflected this improvement, with basic earnings per share at 0.99 rupees compared to a loss of 1.55 rupees in 2025.
Aisha Steel Mills Limited's total equity and liabilities increased to 51.79 billion rupees, reflecting the company's strengthened financial position. The company's capital reserve noted a rise, with the surplus on revaluation of property, plant, and equipment reaching 2.51 billion rupees, up from 2.21 billion rupees.
Overall, Aisha Steel Mills Limited's financial performance for the year ending June 30, 2026, demonstrates a significant turnaround, positioning the company on a more stable and profitable path.