Sitara Petroleum Service Limited reported its un-audited financial results for the first quarter ended September 30, 2026, showing a significant decline in net sales and profit compared to the previous year.
- Reporting Period: First Quarter FY2027 (ended September 30, 2026), un-audited
- Net Sales: PKR 12,250M (-64.9% YoY)
- Gross Profit: PKR 1,007M (-51.2% YoY)
- Operating Profit: PKR 873M (+27.4% YoY)
- Finance Cost: PKR 169M (-49.1% YoY)
- Net Profit (PAT): PKR 672M (-48.0% YoY)
- EPS: PKR 0.40 (QI FY26: PKR 0.77)
- No dividend or bonus announced.
- The decline in sales was primarily due to supply disruptions from Gas and Oil Pakistan Limited, although gross margins improved due to higher revenue from carriage services.