Lahore: Baba Farid Sugar Mills Limited announced its financial results for the year ending September 30, 2025, revealing a substantial turnaround in profitability. The Board of Directors, in their meeting on December 24, 2025, disclosed a series of financial improvements and planned corporate actions, including a cash dividend of 20%, equivalent to Rs. 2.00 per share.

For the fiscal year 2025, the company reported revenue from contracts with customers totaling 10.25 billion rupees, a significant increase from 5.84 billion rupees in 2024. This revenue growth contributed to a gross profit of 1.63 billion rupees, up from the previous year's 259.80 million rupees. The operating profit also saw a notable rise, reaching 1.41 billion rupees compared to 207.26 million rupees in the prior year.

According to information available from the Pakistan Stock Exchange (PSX), the company achieved a profit before taxation and levy amounting to 982.72 million rupees, a stark contrast to the loss of 550.27 million rupees reported in 2024. After accounting for levies and taxes, the net profit for the year stood at 814.80 million rupees, reversing the previous year's loss of 623.37 million rupees. The earnings per share for 2025 were recorded at Rs. 86.22, compared to a loss of Rs. 65.96 per share in 2024.

The Lahore-based company, classified under the designated market category of sugar mills, has scheduled its Annual General Meeting for January 26, 2026. The meeting will be held at its registered office in Lahore, where further details may be discussed. The share transfer books will be closed from January 19 to January 26, 2026, to finalize entitlements for shareholders.

The company's balance sheet reflected total assets of 6.51 billion rupees, up from 6.22 billion rupees the previous year. Non-current assets increased to 5.25 billion rupees, while current assets were recorded at 1.25 billion rupees. On the liabilities side, non-current liabilities stood at 251.53 million rupees, with current liabilities decreasing to 999.90 million rupees from 3.25 billion rupees in 2024.

With the substantial improvement in its financial performance, Baba Farid Sugar Mills Limited has positioned itself for continued growth and shareholder value enhancement. The company's annual report is set to be transmitted through PUCASRS at least 21 days before the Annual General Meeting, providing shareholders with a comprehensive overview of its financial health and strategic outlook.