Sitara Petroleum profit jumps 69% on margin gains

PSX Update • Sep 22, 2026

Sitara Petroleum Service Limited reported a 68.6% jump in net profit for the year ended June 30, 2026, driven primarily by wider margins and a lower tax burden rather than sales growth, according to financial statements filed with the Pakistan Stock

September 22, 2026 (MLN):  Sitara Petroleum Service Limited reported a 68.6% jump in net profit for the year ended June 30, 2026, driven primarily by wider margins and a lower tax burden rather than sales growth, according to financial statements filed with the Pakistan Stock Exchange on Tuesday. The company posted after-tax profit of Rs4.98bn for FY26, up from Rs2.95bn a year earlier, even as revenue rose a co...