Karachi: Sardar Chemical Industries Limited has announced its financial results for the fiscal year ending June 30, 2025, revealing a decline in net profit despite an increase in sales. The company reported a profit after income tax of 45,603,957 rupees, marking a decrease from the previous year's 52,536,076 rupees.

According to information available from the Pakistan Stock Exchange (PSX), the company's sales rose to 533.86 million rupees from 503.87 million rupees in the previous year, indicating a moderate move of 5.96%. However, the increased cost of sales, which jumped to 385.46 million rupees from 328.36 million rupees, adversely affected the gross profit, which fell to 148.40 million rupees from 175.51 million rupees in the prior year.

The company faced a significant challenge with its operating profit, which decreased to 65.79 million rupees from 90.32 million rupees. This was due in part to administrative expenses and selling and distribution costs, which, although slightly reduced, remained substantial.

In addition to operating challenges, financial charges increased to 12.48 million rupees from 11.28 million rupees, further impacting the profit before income tax, which stood at 53.45 million rupees, down from 77.27 million rupees in the previous fiscal year.

The statement of comprehensive income reflected the same figures for profit after taxation, as no items were reclassified subsequently to profit or loss. The total comprehensive income for the year was 45,603,957 rupees, compared to 52,536,076 rupees in the previous fiscal year.

The company's financial position showed an increase in accumulated profits to 254.75 million rupees from 214.37 million rupees, strengthening the equity position. However, liabilities remained a concern, with non-current liabilities slightly decreasing to 43.36 million rupees from 44.51 million rupees, while current liabilities also showed a decrease to 78.86 million rupees from 80.10 million rupees.

Sardar Chemical Industries Limited, categorized under the designated market category, continues to navigate financial challenges amidst fluctuating market conditions. The decrease in earnings per share to 7.60 rupees from 8.76 rupees underscores the pressures faced by the company in managing costs against revenue growth.