Cherat Packaging Profit Surges 83% to Rs651m in FY26

According to Mettis Global, Cherat Packaging Limited (PSX: CPPL) lifted its net profit by 83 per cent in the year ended June 30, 2026, reaching Rs651.01m against Rs356.43m a year earlier. Earnings per share rose to Rs13.26 from Rs7.26 over the same period. A final cash dividend of Rs3.00 per share, equal to 30 per cent, was also declared for that year.

Net turnover climbed 16 per cent to Rs15.09bn, while cost of sales grew by a slower 10 per cent to Rs13.21bn. That gap pushed gross profit up 84 per cent to Rs1.88bn, a change the report links to better pricing and cost efficiency. Operating profit rose 66 per cent to Rs1.47bn even though other income fell 30 per cent and operating expenses rose 30 per cent.

Finance costs dropped 17 per cent to Rs384.08m, lifting profit before income tax to Rs1.08bn from Rs301.43m. Total income tax, however, rose to Rs432.68m from a net credit of Rs55.00m, as deferred tax moved into a charge of Rs205.44m. Net profit still grew because pre-tax earnings improved sharply.