Premier Sugar Mills reports wider quarterly loss for the quarter ended June 30, 2026

Financial Result

The board approved unaudited financial results for the quarter ended June 30, 2026. Unconsolidated net loss widened year over year to Rs 143.041 million from Rs 78.049 million, while sales declined and the company moved from an operating profit to an operating loss. Loss per share increased to Rs 38.14 from Rs 20.81.

Key Findings

Unconsolidated quarterly net sales were Rs 760.722 million versus Rs 946.054 million a year earlier.
Gross profit fell to Rs 89.392 million from Rs 138.371 million.
Operations recorded a loss of Rs 103.377 million, compared with a profit of Rs 3.212 million.
Loss after taxation increased to Rs 143.041 million from Rs 78.049 million; loss per share was Rs 38.14 versus Rs 20.81.
The board meeting approving the results was held on July 29, 2026.

Financial Performance

Metric	PreviousQuarter ended June 30, 2025	CurrentQuarter ended June 30, 2026	Change
Sales - net	913,857	760,722	-16.8%
Gross profit	138,371	89,392	-35.4%
(Loss) / profit from operations	3,212	(103,377)	-3,318.5%
Loss after taxation	(78,049)	(143,041)	-83.3%
Loss per share	(20.81)	(38.14)	-83.3%
Finance cost	(96,326)	(50,454)	+47.6%
Bank balances	83,920	38,509	-54.1%
Long term finances	1,091,012	919,038	-15.8%

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Premier Sugar Mills reports wider quarterly loss for the quarter ended June 30, 2026

Key Findings

Financial Performance

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