Karachi: Burshane LPG (Pakistan) Limited, a key player in the energy sector, has reported a positive financial turnaround for the fiscal year ending June 30, 2025. The company’s Board of Directors approved the audited financial statements during a meeting held via video conferencing on November 4, 2025.

For the year ended June 30, 2025, Burshane LPG reported a profit of 29.52 million rupees after taxation, a significant improvement from the previous year’s loss of 73.68 million rupees. Despite this turnaround, the company declared no cash dividend or bonus shares for the fiscal year.

According to the statement of profit or loss, the company’s net sales decreased to 1.66 billion rupees from 2.38 billion rupees in the previous year. The cost of sales also decreased, resulting in a gross profit of 83.11 million rupees, down from 137.94 million rupees last year. Administrative expenses totaled 92.79 million rupees, and distribution and marketing expenses amounted to 56.22 million rupees.

The company’s financial performance was bolstered by a significant increase in other income, which rose to 166.81 million rupees from 65.67 million rupees in the previous year. This increase in other income contributed to a profit before revenue tax of 34.09 million rupees, a notable shift from last year’s loss of 70.25 million rupees.

The total comprehensive income for the year stood at 140.73 million rupees, benefiting from a surplus on the revaluation of property amounting to 111.21 million rupees. Earnings per share for the year were reported at 1.31 rupees, reflecting a substantial improvement from the previous year’s loss per share of 3.28 rupees.

The company’s total assets at the end of the fiscal year were recorded at 1.30 billion rupees, showing an increase from 1.22 billion rupees in the previous year. Equity and liabilities were balanced with significant movements, including a reduction in non-current liabilities to 371.76 million rupees from 570.14 million rupees.

In financing activities, Burshane LPG secured a short-term loan of 605.30 million rupees while repaying 551.36 million rupees of short-term loans, resulting in net cash flows from financing activities of 37.62 million rupees. Despite a reduction in cash used for operations, the company managed to end the year with cash and cash equivalents of negative 119.04 million rupees, an improvement from the previous year’s negative 150.39 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), the financial results of Burshane LPG indicate a significant move in the company’s earnings and financial stability, marking a notable improvement from the previous fiscal year’s performance.