Burshane LPG (Pakistan) Limited Reports Significant Increase in Profitability for FY 2026

Karachi: Burshane LPG (Pakistan) Limited has announced its financial results for the fiscal year ended June 30, 2026, revealing a substantial increase in profitability. The company's financial performance was detailed during a corporate briefing session held on October 15, 2026.

The net sales for the year amounted to approximately 2.84 billion rupees, a very large or significant move from the previous year's 1.66 billion rupees. The cost of sales was reported at about 2.54 billion rupees, up from 1.60 billion rupees in the prior year, resulting in a gross profit of 298.24 million rupees compared to 61.26 million rupees in the previous year.

Administrative expenses were recorded at 81.06 million rupees, while distribution and marketing expenses stood at 44.22 million rupees. Other expenses totaled 5.68 million rupees, with no allowance for expected credit losses, a change from the previous year's 151,000 rupees.

Operating profit significantly improved, reaching 167.29 million rupees from a loss of 73.24 million rupees in the previous fiscal year. Financial costs incurred were 54.26 million rupees, slightly lower than the previous year's 56.92 million rupees. Other income, however, experienced a big move, declining to 88.08 million rupees from 166.81 million rupees in the previous year.

According to information available from the Pakistan Stock Exchange (PSX), the profit before operating charges surged to 201.10 million rupees from 36.65 million rupees. The company allocated 4.02 million rupees to the Workers' Welfare Fund and 10.06 million rupees to the Workers' Profit Participation Fund, summing up to 14.08 million rupees, compared to 2.57 million rupees last year.

Burshane LPG's profit before income tax and minimum tax differential was 187.03 million rupees, a very large or significant move from the previous year's 34.09 million rupees. After accounting for a minimum tax differential of 7.32 million rupees, the profit before income tax was 179.70 million rupees, compared to 29.52 million rupees in the previous fiscal year.

The company reported a profit for the year after taxation of 179.70 million rupees, marking a very large or significant move from the previous year's 29.52 million rupees. Earnings per share also saw a notable increase to 7.99 rupees from 1.31 rupees in the prior year, underscoring the company's improved financial performance.