Oct 23, 2026, 4:11 PM
Gharibwal Cement reports sharply lower Q1 FY2027 profit
Financial ResultGharibwal Cement Limited reported unaudited results for the quarter ended September 30, 2026. Net sales fell to Rs. 3.852 billion from Rs. 4.928 billion a year earlier, while profit after tax declined to Rs. 9.068 million from Rs. 277.582 million. EPS was Rs. 0.02 versus Rs. 0.69. The board recommended no cash dividend, bonus shares, or rights shares.
Key Findings
- Net sales declined year over year from Rs. 4,928.319 million to Rs. 3,852.080 million.
- Gross profit decreased from Rs. 653.351 million to Rs. 298.967 million.
- Profit before interest and tax fell from Rs. 397.879 million to Rs. 40.846 million.
- Profit after tax dropped to Rs. 9.068 million from Rs. 277.582 million; EPS decreased to Rs. 0.02 from Rs. 0.69.
- No cash dividend, bonus shares, or rights shares were recommended.
Financial Performance
| Metric | PreviousQuarter ended September 30, 2025 | CurrentQuarter ended September 30, 2026 | Change |
|---|---|---|---|
| Net sales | 4,928,319 | 3,852,080 | -21.8% |
| Gross profit | 653,351 | 298,967 | -54.2% |
| Profit before interest and tax | 397,879 | 40,846 | -89.7% |
| Profit after tax | 277,582 | 9,068 | -96.7% |
| Earnings per share (basic and diluted) | 0.69 | 0.02 | -97.1% |
| Finance expenses | (34,659) | (39,343) | -13.5% |
| Cash and bank balances | 2,306,663 | 1,423,978 | -38.3% |
| Non-current borrowings | 609,908 | 482,481 | -20.9% |
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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.