Karachi: Sitara Chemical Industries Limited has reported a notable financial performance for the fiscal year 2024-25, ending June 30, 2025. According to the company's financial results, there was a significant increase in both revenue and liabilities, indicating a period of substantial growth and investment.

The company's total equity and liabilities reached 47.51 billion rupees, an increase from 40.51 billion rupees the previous year. Notably, the company's share capital remained unchanged at 214.29 million rupees, while reserves rose to 1.57 billion rupees from 1.49 billion rupees. The unappropriated profit saw an increase to 13.40 billion rupees compared to the previous year's 12.46 billion rupees. Despite a decrease in the surplus on revaluation of property, plant, and equipment to 3.68 billion rupees from 3.89 billion rupees, the total equity increased to 18.87 billion rupees from 18.06 billion rupees.

The company's non-current liabilities saw a very large or significant move, increasing to 11.97 billion rupees from 6.87 billion rupees. This was primarily driven by a rise in long-term financing, which jumped to 8.02 billion rupees from 2.94 billion rupees. Deferred taxation also saw an increase, reaching 3.77 billion rupees from 3.69 billion rupees.

Current liabilities also increased, totaling 16.67 billion rupees compared to 15.58 billion rupees the previous year. The main contributors to this rise were trade and other payables, which increased to 4.46 billion rupees from 3.21 billion rupees, and provision for taxation, which rose to 839.71 million rupees from 614.03 million rupees. Short-term borrowings saw a minor move, decreasing slightly to 9.34 billion rupees from 9.98 billion rupees.

According to information available from the Pakistan Stock Exchange (PSX), Sitara Chemical Industries Limited's revenue from contracts with customers increased to 32.53 billion rupees from 31.11 billion rupees, reflecting a big move. The cost of sales also rose, reaching 26.91 billion rupees from 26.19 billion rupees, resulting in a gross profit of 5.62 billion rupees, up from 4.92 billion rupees.

The company's profit before income tax and final tax stood at 1.86 billion rupees, an increase from 1.14 billion rupees the previous year. After accounting for final tax and provision for taxation, the profit for the year reached 939.27 million rupees, up from 585.51 million rupees, indicating a very large or significant move. Earnings per share also increased to 43.83 rupees from 27.32 rupees.

In terms of cash flow, the net cash generated from operating activities saw a major increase, reaching 3.16 billion rupees, compared to 327.87 million rupees in the prior year. This growth was supported by a rise in cash generated from operations, which totaled 6.24 billion rupees, up from 2.68 billion rupees.

Overall, Sitara Chemical Industries Limited's financial results for FY 2024-25 highlight a year of growth in revenue and profitability, coupled with increased liabilities, reflecting the company's strategic investments and operational expansion.