Sitara Peroxide Limited Reports Significant Loss with No Dividends for March 2025

Faisalabad: Sitara Peroxide Limited announced its financial results for the period ending March 31, 2025, during a board meeting held at 4:00 p.m. on October 24, 2025. The company declared no interim cash dividend, bonus shares, right shares, or any other entitlements or corporate actions for the period. Additionally, no price-sensitive information was disclosed.

The financial statements, detailing significant losses, highlight that Sitara Peroxide Limited's revenue for the nine months ending March 31, 2025, reached 133.27 million, with a gross loss of 14.90 million for the quarter alone. The company's cost of sales was reported at 118.37 million, exacerbating the financial strain. According to information available from the Pakistan Stock Exchange (PSX), the company's financial activities during this period reflect a challenging economic environment.

For the nine-month period ending March 31, 2025, other income was noted at 7.19 million, while administrative expenses stood at 203.48 million. The finance cost was recorded at 4.13 million. These expenses contributed to a loss before taxation of 200.43 million, with the loss for the period amounting to 144.96 million. The basic and diluted loss per share was reported at 2.63 Rupees.

The company's assets were valued at 2.91 billion, with non-current assets, including property, plant, and equipment, contributing significantly with 2.23 billion. Current assets, such as stores, spare parts, and loose tools, were listed at 514.73 million. Despite these figures, the company's total equity and liabilities reflected a decrease from the previous year, totaling 2.91 billion.

Sitara Peroxide Limited's cash flow from operating activities indicated a deficit, with a net cash decrease of 6.86 million for the period. The cash and bank balances at the end of the period were 4.52 million. The company's financial position underscores continued challenges in the market, as it navigates a very large or significant move in percentage loss terms. These results will be further detailed in the Third Quarter Report to be transmitted through PUCARS in due course.