Sitara Peroxide Limited (SPL)

Sitara Peroxide Limited has provided a progress report regarding its ongoing plant shutdown. The company is currently undertaking Balancing, Modernization, and Replacement (BMR) activities while actively negotiating with financial institutions and potential investors to secure funding to resume operations.

Sitara Peroxide Limited reported a significant turnaround for the nine months ended March 31, 2026, achieving a net profit of PKR 223.7 million compared to a loss of PKR 145.0 million in the same period last year. This improvement was largely driven by substantial other income, and the Board of Directors has not recommended any dividend for the period.

Sitara Peroxide Limited reported a profit after tax of PKR 223.698 million for the nine months ended March 31, 2026, compared to a loss of PKR 144.961 million in the same period last year. This turnaround is primarily driven by significant other income resulting from the full and final settlement of a Sukuk facility.