Beco Steel reports lower quarterly revenue and profit for the quarter ended September 30, 2026
Financial ResultBeco Steel Limited reported unaudited results for the quarter ended September 30, 2026. Compared with the same quarter last year, sales, gross profit, operating profit, profit after taxation and EPS all declined. No cash dividend, bonus/right shares or other corporate action was recommended.
Payout
- No cash dividend
Key Findings
- Sales fell to Rs. 1.476 billion from Rs. 2.317 billion year over year.
- Profit after taxation declined to Rs. 117.667 million from Rs. 149.955 million, while EPS fell to Rs. 0.09 from Rs. 0.12.
- The board recommended no cash dividend, bonus/right shares or other corporate action.
Financial Performance
| Metric | PreviousQuarter ended September 30, 2025 | CurrentQuarter ended September 30, 2026 | Change |
|---|---|---|---|
| Sales | 2,316,597,878 | 1,476,203,983 | -36.3% |
| Gross profit | 223,663,051 | 172,315,033 | -23% |
| Operating profit/(loss) | 178,783,237 | 134,021,135 | -25% |
| Profit/(Loss) after taxation | 149,955,011 | 117,667,038 | -21.5% |
| Earning per share—basic and diluted | 0.12 | 0.09 | -25% |
| Finance cost | (77,722) | (210,371) | +170.7% |
| Cash and bank balances | 10,163,700 | 15,037,922 | +48% |
| Loan from directors | 282,184,420 | 252,184,420 | -10.6% |
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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.