Sindh Abadgar’s Sugar Mills Limited has announced its financial results for the first quarter ended December 31, 2025 (1QFY26), reporting a loss after taxation of Rs45.47 million, compared to a loss of Rs37.67 million in the same period last year, according to a filing with the Pakistan Stock Exchange.

The company recorded net revenue of Rs1.22 billion, down from Rs1.34 billion in 1QFY25, reflecting lower sales during the quarter. Rising costs led to a gross loss of Rs26.0 million, compared to a gross profit in the corresponding period last year.

Operating performance weakened, with the company posting an operating loss of Rs74.5 million, versus an operating loss of Rs15.0 million in 1QFY25. Finance costs declined to Rs8.0 million from Rs24.6 million, while other income increased to Rs17.1 million, providing partial relief.

After accounting for levies and taxation, the company reported a loss per share of Rs4.36, compared to Rs3.61 in the same quarter last year.

The Board of Directors did not declare any cash dividend, bonus shares, or right issue along with the results. The performance highlights continued pressure on the sugar sector amid lower margins and challenging operating conditions during the early part of the crushing season.