Karachi, Tandlianwala Sugar Mills Limited has revealed its financial results for the nine months ended June 30, 2023, showcasing a commendable performance and strong growth trajectory.

Despite economic challenges, the company achieved a net sales figure of Rs. 35,288,243,665 during the nine-month period, compared to Rs. 26,591,223,620 in the same period last year. This significant increase reflects the company's strategic approach and resilience in the face of market fluctuations.

The company's gross profit surged to Rs. 4,444,574,401 during the nine months, compared to Rs. 3,254,419,352 in the previous year, indicating efficient cost management and effective utilization of resources.

Tandlianwala Sugar Mills Limited's profit from operations soared to Rs. 3,683,071,027, demonstrating a remarkable increase compared to Rs. 2,368,078,205 in the corresponding period last year.

While no cash dividend or bonus issue was recommended by the Board of Directors, the company's profit after taxation reached an impressive Rs. 1,253,103,896, compared to Rs. 779,137,431 in the previous year.

Earnings per share (basic and diluted) stood at Rs. 10.65 for the nine months, highlighting the company's commitment to delivering value to its shareholders.

The exceptional financial results reflect Tandlianwala Sugar Mills Limited's strategic vision, robust operational performance, and prudent financial management, positioning the company as a prominent player in the sugar industry. Investors and stakeholders can confidently look forward to the company's future prospects as it continues to steer ahead with strength and resilience in a dynamic market environment.