Lahore: Noon Sugar Mills Limited has announced its financial results for the fiscal year ending September 30, 2025, showcasing a notable turnaround in profitability. The Board of Directors, in a meeting held on December 24, 2025, declared a cash dividend of Rs. 4.00 per share, equating to a 40% payout. No bonus or right shares were announced, and no other corporate actions were taken.

According to the financial statement, the company achieved a net sales revenue of 11.74 billion rupees, marking a significant improvement from the previous year’s 11.33 billion rupees. The cost of sales was recorded at 10.27 billion rupees, resulting in a gross profit of 1.47 billion rupees. This reflects a commendable increase from the prior year’s gross profit of 1.13 billion rupees.

The company's administrative expenses increased to 418.38 million rupees from 381.86 million rupees, while distribution and marketing expenses decreased to 162.52 million rupees from 219.57 million rupees. Other income saw a significant rise to 539.12 million rupees from 92.41 million rupees, contributing to an operational profit of 1.36 billion rupees, up from 619.38 million rupees recorded last year.

Finance costs were reduced significantly to 541.59 million rupees from 1.10 billion rupees, enhancing the profit before tax to 823.01 million rupees, compared to a loss of 479.91 million rupees in the previous year. After accounting for tax levies amounting to 152.10 million rupees, the net profit stood at 670.91 million rupees, a substantial recovery from last year’s loss of 619.45 million rupees. The reported earnings per share increased to 40.62 rupees from a loss per share of 37.50 rupees in 2024.

The company reported an increase in unappropriated profit, which rose to 1.64 billion rupees from 986.59 million rupees, strengthening the overall equity and liabilities position to 8.48 billion rupees from 9.08 billion rupees the previous year. Non-current liabilities saw an increase with long-term finances rising to 1.10 billion rupees from 250.00 million rupees. In the current liabilities segment, a notable decrease was observed, with short-term finances shrinking to 2.82 billion rupees from 5.07 billion rupees.

On the asset side, non-current assets increased to 4.56 billion rupees, up from 3.85 billion rupees. Current assets decreased to 3.92 billion rupees from 5.23 billion rupees, with significant reductions in stock-in-trade and trade debts.

The financial results, according to information available from the Pakistan Stock Exchange (PSX), depict a very large or significant move in the company's financial health, driven by strategic cost management and increased operational efficiency. The company’s balance sheet and cash flow statements also show a robust cash generation from operating activities, which amounted to 2.51 billion rupees, recovering from a cash usage of 698.89 million rupees last year.

The Annual General Meeting is scheduled for January 27, 2026, in Lahore, with the share transfer books to be closed from January 21, 2026, to January 27, 2026. Shareholders whose transfers are completed by January 20, 2026, will be eligible for the announced dividend.