SPL rebounds to Rs147m profit in FY26

Sitara Peroxide Limited (PSX: SPL) returned to profit for the year ended June 30, 2026, reporting a profit of Rs147.46m, according to Mettis Global. Fiscal 2025 had instead ended with a net deficit of Rs222.52m. Earnings per share moved from a loss of Rs4.04 in FY25 to Rs2.68 per share.

Other income rose to Rs357.72m from Rs12.90m a year earlier, and a tax credit of Rs133.37m added to the result. Administrative expenses fell 6% to Rs240.41m, while finance costs climbed to Rs38.73m from Rs4.74m. The report said these gains outweighed operating costs and higher borrowing charges.

Total operating costs, including an impairment loss of Rs82.50m, came to Rs361.63m. Profit before tax therefore reached Rs14.09m, compared with a pre-tax loss of Rs311.35m in the prior year. The tax credit was itself higher than the Rs88.84m recorded in FY25.