Karachi: Chashma Sugar Mills Limited disclosed its financial results for the quarter and nine months ended June 30, 2026, revealing significant movements across various financial metrics. The Board of Directors approved the results in a meeting held on July 29, 2026.

The company's net sales for the three-month period ended June 30, 2026, amounted to 8.27 billion rupees, a very large move compared to the 5.48 billion rupees reported in the same period of 2025. For the nine-month period, net sales reached 25.05 billion rupees, marking another very large move from the 15.44 billion rupees recorded in the previous year.

According to information available from the Pakistan Stock Exchange (PSX), the cost of sales for the three months ended June 30, 2026, was 6.81 billion rupees, and for the nine-month period, it was 20.30 billion rupees. Both figures reflect significant increases from the corresponding periods in 2025, which had costs of 4.42 billion rupees and 14.03 billion rupees, respectively.

The gross profit for the three-month period was reported at 1.46 billion rupees, compared to 1.06 billion rupees in the prior year, while the gross profit for the nine-month period surged to 4.75 billion rupees, up from 1.40 billion rupees. Despite an increase in selling and distribution expenses to 350.12 million rupees for the quarter and 948.92 million rupees for the nine months, and administrative expenses rising to 572.55 million rupees and 1.27 billion rupees respectively, the company reported a profit from operations of 546.02 million rupees for the quarter and 2.73 billion rupees for the nine months.

However, the finance cost for the three-month period was 999.91 million rupees, and for the nine-month period, it was 2.34 billion rupees, impacting the profit before tax figures. The company reported a loss before tax of 551.41 million rupees for the quarter and a profit before tax of 121.48 million rupees for the nine-month period.

Taxation for the quarter and nine months was recorded at 380.71 million rupees and 18.47 million rupees respectively, resulting in a net loss of 170.70 million rupees for the quarter and a net profit of 139.95 million rupees for the nine-month period.

The earnings per share for the three months stood at a loss of 5.95 rupees, whereas the nine-month period showed earnings of 4.88 rupees, compared to a loss of 51.65 rupees in the same period last year.

The financial results, indicating significant movements in sales and profits, will be submitted electronically through PUCARS in compliance with PSX Notice No. PSX/N-5036 dated September 03, 2018.