Shahmurad Sugar Mills Limited reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was PKR 5,494.99 million compared to PKR 3,297.34 million a year ago. Net income was PKR 1,054.73 million compared to PKR 364.32 million a year ago. Basic earnings per share from continuing operations was PKR 49.94 compared to PKR 17.25 a year ago.
For the six months, sales was PKR 9,578.12 million compared to PKR 6,913.32 million a year ago. Net income was PKR 1,896.53 million compared to PKR 455.52 million a year ago. Basic earnings per share from continuing operations was PKR 89.8 compared to PKR 21.57 a year ago.