Sitara Peroxide Limited Reports Significant Financial Turnaround for Fiscal Year 2026

Karachi: Sitara Peroxide Limited has reported a notable turnaround in its financial performance for the fiscal year ended June 30, 2026, according to its annual financial results report dated October 12, 2026. The company's profit for the year, before income tax, stood at 14,091,658 rupees, a significant improvement from a loss of 311,354,016 rupees in the previous year.

The company's profit for the year, after accounting for taxation, reached 147,459,259 rupees, recovering from a loss of 222,518,844 rupees reported in 2025. Earnings per share for the year were posted at 2.68 rupees, compared to a loss per share of 4.04 rupees in the prior year.

According to information available from the Pakistan Stock Exchange (PSX), Sitara Peroxide Limited experienced a very large or significant move in its finance cost, which increased to 38,725,966 rupees from 4,735,314 rupees, reflecting a substantial rise in financial expenses. Conversely, administrative expenses saw a reduction, standing at 240,405,328 rupees, down from 254,749,594 rupees.

The company also reported a notable increase in other income, which surged to 375,722,952 rupees from 12,900,000 rupees, contributing significantly to the positive financial outcome.

On the balance sheet, the total assets of the company decreased to 2.51 billion rupees from 2.78 billion rupees in 2025. Non-current assets were valued at 2.15 billion rupees, while current assets totaled 355.83 million rupees. The company’s equity and liabilities also reflected changes, with equity amounting to 1.14 billion rupees, supported by a capital reserve of 1.18 billion rupees due to surplus on revaluation of property, plant, and equipment.

In terms of liabilities, deferred liabilities decreased to 121,195,996 rupees from 256,959,179 rupees, and the current portion of long-term financing fell to 12,000,000 rupees from 101,739,606 rupees, indicating an improvement in the company's financial structure.

The designated market category for Sitara Peroxide Limited is not specified in the given data, but the financial results indicate a positive trend in the company's financial health.