Premier Sugar Mills & Distillery Company Limited has reported a wider loss for the financial year ended September 30, 2025, despite a strong increase in sales.
The company announced the results after its board approved the financial statements on Monday.
According to the report, Premier Sugar Mills posted a loss after taxation of Rs. 589.94 million in FY25.
This is significantly higher than the loss of Rs. 173.11 million recorded in FY24. The company’s loss per share increased to Rs. 157.32, compared with Rs. 46.16 in the previous year.
On the positive side, the company’s net sales rose to Rs. 1.98 billion in FY25, up from Rs. 1.40 billion in FY24.
The company also showed improvement at the gross level, reporting a gross profit of Rs. 3.63 million, compared with a gross loss of Rs. 737.02 million last year.
However, operating challenges remained. The loss from operations widened to Rs. 265.89 million, compared with Rs. 196.40 million in FY24.
In addition, finance costs increased sharply to Rs. 311.54 million, up from Rs. 235.02 million, putting further pressure on overall profitability.
On a consolidated basis, the group reported a loss after income tax of Rs. 4.22 billion for FY25. This was slightly lower than the Rs. 4.45 billion loss recorded in FY24. The combined loss per share stood at Rs. 611.44, compared with Rs. 662.04 in the previous year.
The company also announced that its annual general meeting (AGM) will be held on January 28, 2026, at 11:30am at its registered office on Nowshera Road, Mardan.
The share transfer books will remain closed from January 18 to January 28, both days inclusive.