Lahore: Ghani ChemWorld Limited has released its financial results for the first quarter ending September 30, 2026, reporting a notable financial downturn. According to the company's un-audited interim statement, the organization experienced a significant shift in its financial status, moving from a profit of 63.92 million rupees in the same quarter last year to a loss of 67.70 million rupees in the current period.
The company's net sales for the quarter stood at 85.75 million rupees after accounting for a sales tax deduction of 15.43 million rupees. However, this was overshadowed by a high cost of sales totaling 344.84 million rupees, leading to a gross loss of 259.10 million rupees.
Administrative and general expenses rose to 5.53 million rupees from 1.03 million rupees in the previous year, while selling and distribution expenses were 4.72 million rupees, a new entry in the financial reports for this period.
The company reported other income at 370.10 million rupees, a substantial increase from 100,505 rupees last year. Consequently, the profit from operations was recorded at 100.75 million rupees, compared to a loss of 928,107 rupees in the previous year. Finance costs, however, amounted to 95.94 million rupees, impacting the overall profitability.
According to information available from the Pakistan Stock Exchange (PSX), Ghani ChemWorld's earnings per share for this quarter reflected a loss of 0.27 rupees on a basic level and 0.26 rupees on a diluted basis, compared to a gain of 0.26 rupees per share in the previous year.
The company did not report any share of profit from associated companies, unlike last year when it recorded 64.85 million rupees. Furthermore, the first-quarter financials show no other comprehensive income, reinforcing the total comprehensive loss of 67.70 million rupees for the period.
These results highlight a very large or significant move in Ghani ChemWorld's financial trajectory, influenced by increased costs and financial obligations during the quarter ending September 30, 2026.