Lucky Cement reports lower consolidated quarterly profit and approves major Karachi capacity and energy projects
Financial ResultLucky Cement’s consolidated profit after taxation for the quarter ended September 30, 2026 fell to PKR 22.56 billion from PKR 23.56 billion a year earlier, while EPS declined to PKR 14.76 from PKR 15.01. The board recommended no cash dividend, bonus issue, rights issue or interim dividend. It also approved a 3.20 MTPA Karachi brownfield expansion and renewable-energy projects.
Payout
- No cash dividend
Key Findings
- Consolidated net revenue increased to PKR 131.86 billion from PKR 125.21 billion year on year, but profit after taxation declined to PKR 22.56 billion from PKR 23.56 billion.
- Consolidated EPS decreased to PKR 14.76 from PKR 15.01 for the quarter ended September 30, 2026.
- The board recommended nil cash dividend, bonus issue, rights issue and interim dividend.
- The board approved a 3.20 MTPA brownfield expansion at the Karachi plant, with commercial operations targeted by December 2027.
- Approved energy projects include additional 22.5 MW wind turbines and a 10 MW WHR plant at Karachi, plus a 15 MW solar plant and 15 MW BESS at Pezu.
Financial Performance
| Metric | PreviousQuarter ended September 30, 2025 | CurrentQuarter ended September 30, 2026 | Change |
|---|---|---|---|
| Net revenue | PKR 125.21B | PKR 131.86B | +5.3% |
| Gross profit | PKR 33.09B | PKR 33.97B | +2.6% |
| Profit after taxation | PKR 23.56B | PKR 22.56B | -4.3% |
| Earnings per share - basic and diluted | 15.01 | 14.76 | -1.7% |
| Finance costs | PKR 4.81B | PKR 4.64B | -3.4% |
| Cash and bank balances | PKR 8.86B | PKR 14.88B | +68% |
| Short-term borrowings | PKR 66.68B | PKR 68.42B | +2.6% |
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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.
