Oct 26, 2026, 12:51 PM

Aisha Steel Mills reports higher first-quarter profit for the quarter ended September 30, 2026

Financial Result

Aisha Steel Mills reported unaudited first-quarter results for the quarter ended September 30, 2026. Revenue, operating profit, profit after taxation and EPS all increased year over year. The directors’ review also reports higher sales and production volumes. No cash dividend, bonus shares or rights shares were recommended.

Key Findings

  • Revenue was Rs 18,039.273 million, compared with Rs 9,462.646 million in the comparable quarter.
  • Profit after taxation rose to Rs 335.964 million from Rs 82.040 million; basic EPS was Rs 0.34 versus Rs 0.07.
  • Operating profit increased to Rs 1,083.099 million from Rs 532.339 million, while finance costs declined to Rs 484.936 million from Rs 525.351 million.
  • The directors’ review reports sales volume of 80,053 tons, up from 43,376 tons, and production of 90,140 tons, up from 49,513 tons.
  • The board recommended NIL cash dividend, bonus shares and rights shares.

Financial Performance

MetricPreviousQuarter ended September 30, 2025CurrentQuarter ended September 30, 2026Change
Revenue from contracts with customers9,462,64618,039,273+90.6%
Gross profit922,0111,936,599+110%
Operating profit532,3391,083,099+103.5%
Profit after taxation82,040335,964+309.5%
Earnings per share - Basic0.070.34+385.7%
Finance costs(525,351)(484,936)+7.7%
Cash and bank balances501,790875,981+74.6%
Short-term borrowings - secured15,301,88415,616,249+2.1%
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.

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