Crescent Steel reports FY2026 results; profit and EPS decline year on year

Financial Result

Crescent Steel and Allied Products Limited approved audited financial statements for the year ended June 30, 2026. Net profit fell to Rs. 1.291 billion from Rs. 1.343 billion, and EPS declined to Rs. 16.63 from Rs. 17.30. The company recommended a final cash dividend of Rs. 3.50 per share, in addition to the Rs. 2.00 interim dividend.

Key Findings

Net profit for the year was Rs. 1,291.411 million, down from Rs. 1,343.279 million.
Basic and diluted EPS decreased to Rs. 16.63 from Rs. 17.30.
Operating profit before finance costs declined to Rs. 1,908.257 million from Rs. 2,373.261 million.
Sales after sales tax rose to Rs. 7,936.185 million from Rs. 6,346.278 million; gross profit increased to Rs. 2,014.024 million from Rs. 1,597.442 million.
A final cash dividend of Rs. 3.50 per share was recommended, in addition to the Rs. 2.00 interim dividend.

Financial Performance

Metric	PreviousYear ended June 30, 2025	CurrentYear ended June 30, 2026	Change
Sales less sales tax	6,346,278	7,936,185	+25.1%
Gross profit	1,597,442	2,014,024	+26.1%
Operating profit before finance costs	2,373,261	1,908,257	-19.6%
Net profit for the year	1,343,279	1,291,411	-3.9%
Basic and diluted earnings per share	17.30	16.63	-3.9%
Finance costs	288,329	160,348	-44.4%
Cash and bank balances	74,586	271,888	+264.5%
Short term borrowings	1,964,959	418,665	-78.7%

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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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Crescent Steel reports FY2026 results; profit and EPS decline year on year

Key Findings

Financial Performance

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