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MRNSMehran Sugar Mills LtdMehran Sugar Mills Limited announced reviewed unconsolidated financial results for the quarter ended 31 March 2026. Using the quarter columns matching the DPS title period, net sales rose year-on-year and gross profit improved, but net profit fell sharply to Rs33.6 million from Rs518.3 million, mainly alongside much lower other income and higher other expenses. The board also recommended an interim cash dividend of 5% (Rs0.50 per share); no bonus shares, right shares, or other corporate action were announced.
| Metric | PreviousQuarter ended 31 March 2025 | CurrentQuarter ended 31 March 2026 | Change |
|---|---|---|---|
| Turnover - net | 2,692,640,934 | 3,245,269,062 | +20.5% |
| Gross profit | 375,316,227 | 614,930,716 | +63.8% |
| Operating profit | 719,244,153 | 200,082,869 | -72.2% |
| Net profit for the period | 518,284,449 | 33,556,890 | -93.5% |
| Earnings per share - Basic and diluted | 6.92 | 0.45 | -93.5% |
| Finance costs | 173,623,512 | 127,544,977 | -26.5% |
| Cash and bank balances | 35,600,986 | 77,723,614 | +118.3% |
| Short term borrowings - secured | 476,167,020 | 5,892,431,073 | +1,137.4% |
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
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