SPSL first-quarter profit falls 48% to Rs671.67 million
Sales declined 64.9% to Rs12.25 billion, while earnings per share fell to Rs0.40 from Rs0.77.
At a glance
- Net profit was Rs671.67 million in 1QFY27, down 48% year on year.
- Sales fell 64.9% to Rs12.25 billion.
- Basic and diluted EPS decreased to Rs0.40 from Rs0.77.
- The company will focus on restoring volumes, protecting margins and reducing borrowings.
Key facts
- Net profit
- Rs671.67 million
- 1QFY27, down 48%
- Sales
- Rs12.25 billion
- Down 64.9%
- EPS
- Rs0.40
- Compared with Rs0.77
Sitara Petroleum Service Limited SPSL reported net profit of Rs671.67 million for the first quarter ended September 30, 2026, down 48% from Rs1.29 billion in the same quarter of the previous fiscal year. Basic and diluted earnings per share were Rs0.40, compared with Rs0.77 in 1QFY26.
| Item | 1QFY27 | 1QFY26 |
|---|---|---|
| Sales | Rs12.25 billion | Rs34.89 billion |
| Gross profit | Rs1.01 billion | Rs2.06 billion |
| Net profit | Rs671.67 million | Rs1.29 billion |
| EPS, basic and diluted | Rs0.40 | Rs0.77 |
Cost of sales was Rs11.24 billion, down 65.7% from Rs32.82 billion. Gross profit fell 51.2%, while gross margin was 8.22%, against 5.92% a year earlier. Other operating income rose to Rs229.03 million from Rs22.95 million, and finance costs declined to Rs169.18 million from Rs331.95 million.
Inflation, high interest rates and geopolitical uncertainty may weigh on fuel demand and costs. The company has a GO supply alliance and a fleet of 359 bowsers. It will focus on restoring volumes, protecting margins, reducing borrowings and advancing infrastructure projects, supported by post-IPO equity.
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This story was produced by the Investify News Desk with automated tools and checked against the sources listed. Report an error: support@investify.pk. Editorial policy
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