Peshawar: The Premier Sugar Mills & Distillery Co. Ltd has reported a notable financial performance for the first quarter ended December 31, 2025, according to the company’s board meeting held on January 29, 2026. The company showcased a significant turnaround from last year’s figures, highlighted by improvements in both net sales and profitability.
For the standalone financial results, net sales surged to 1.43 billion rupees from a mere 76.35 million rupees in the same period last year. This increase represents a significant move in the company’s revenue stream. The cost of sales, however, also increased, reaching 1.36 billion rupees compared to 201.60 million rupees in the prior year. Despite this, the company achieved a gross profit of 66.78 million rupees, a notable improvement from the gross loss of 125.25 million rupees recorded previously.
Nevertheless, the company faced challenges with its distribution and administrative costs, which stood at 69.30 million rupees and 30.99 million rupees, respectively. This resulted in a loss from operations amounting to 21.68 million rupees, albeit an improvement from the previous year’s loss of 142.58 million rupees. The finance cost increased to 72.92 million rupees, impacting the loss before taxation, which was recorded at 112.62 million rupees, an improvement from the previous loss of 170.48 million rupees. The loss after taxation was 101.03 million rupees, compared to 122.94 million rupees last year.
On a consolidated basis, the financial results for the first quarter indicated net sales of 12.74 billion rupees, an increase from 7.04 billion rupees, indicating a very large move in sales performance. The cost of sales was 10.70 billion rupees compared to 7.11 billion rupees the previous year. Gross profit rose to 2.03 billion rupees from a gross loss of 67.63 million rupees last year.
According to information available from the Pakistan Stock Exchange (PSX), the company also reported a profit from operations amounting to 1.04 billion rupees, a reversal from a loss of 319.81 million rupees in the same quarter of the previous year. The finance cost decreased significantly to 528.76 million rupees from 1.21 billion rupees, leading to a profit before taxation of 509.56 million rupees, as opposed to a loss of 1.54 billion rupees last year. After accounting for taxation, the profit after taxation stood at 80.96 million rupees, marking a recovery from the previous year’s loss of 994.54 million rupees.
The condensed interim statement of financial position as of December 31, 2025, reflected total assets of 4.84 billion rupees, with non-current assets accounting for 3.50 billion rupees. Current assets were recorded at 1.34 billion rupees, indicating a decrease from the previous quarter. Total liabilities were reported at 3.65 billion rupees, resulting in shareholders’ equity of 1.18 billion rupees.
The company’s financial results demonstrate a positive trajectory, with substantial improvements in sales and profitability metrics, setting a strong foundation for future growth amid financial restructuring efforts.