Karachi: Chashma Sugar Mills Limited has disclosed its financial results for the quarter and nine months ending June 30, 2025, highlighting a significant loss in both periods. The results were approved during a Board of Directors meeting on July 28, 2025.
For the quarter ending June 30, 2025, the company reported net sales of 5.48 billion rupees, which represents a very large or significant move compared to the restated figure for the same quarter in 2024. The cost of sales amounted to 4.42 billion rupees, resulting in a gross profit of 1.06 billion rupees, a big move from the previous year’s quarter.
Selling and distribution expenses were recorded at 245.25 million rupees, while administrative and general expenses stood at 382.67 million rupees. Other income increased to 81.08 million rupees, whereas other expenses netted a negative 2.01 million rupees. This led to the company reporting a profit from operations of 510.71 million rupees, which is a big move from the loss recorded in the same period last year.
However, finance costs were high, amounting to 828.96 million rupees, resulting in a loss before revenue and income tax of 318.25 million rupees. After accounting for final taxes and income tax expenses, the loss for the quarter was 239.56 million rupees, with a loss per share of 8.35 rupees.
Over the nine-month period ending June 30, 2025, Chashma Sugar Mills Limited reported net sales of 15.44 billion rupees, reflecting a very large or significant move compared to the same period in 2024. The cost of sales was 14.03 billion rupees, leading to a gross profit of 1.40 billion rupees, a big move from the previous year’s comparable period.
Selling and distribution expenses for the nine months were 814.07 million rupees, while administrative and general expenses reached 1.05 billion rupees. Other income was significantly higher at 716.73 million rupees, with other expenses netting a negative 4.02 million rupees. This culminated in a profit from operations of 253.15 million rupees, a very large or significant move compared to the previous year.
Despite this operational profit, the company faced a substantial finance cost of 2.66 billion rupees, resulting in a loss before revenue tax and income tax of 2.41 billion rupees. After final and income tax expenses, the loss for the nine-month period was 1.48 billion rupees, with a loss per share of 51.65 rupees.
According to information available from the Pakistan Stock Exchange (PSX), these results will be submitted electronically through PUCARS, complying with a PSX notice dated September 03, 2018. The company operates within the designated market category of the sugar industry.