ISL FY26 profit more than doubles to Rs3.7bn

Mettis Global reported that International Steels Limited (ISL) lifted its net profit by 136 per cent to Rs3.67bn for the year ended June 30, 2026, up from Rs1.56bn a year earlier. Earnings per share rose to Rs8.44 from Rs3.58. The company also declared a final cash payout of Rs3.00 per share alongside the results.

Revenue climbed 50 per cent to Rs93.35bn, while cost of sales rose 45 per cent to Rs82.62bn. As a result, gross profit increased 101 per cent to Rs10.73bn. Selling and distribution costs jumped 88 per cent to Rs2.95bn, and administrative expenses grew 30 per cent to Rs595.32m, leaving operating profit at Rs7.18bn.

Finance costs rose 51 per cent to Rs1.21bn, and other expenses reached Rs982.22m. Profit from an associate climbed to Rs419.83m from Rs44.92m, while other income fell 45 per cent to Rs142.76m. Profit before tax came to Rs5.55bn, and after income tax of Rs1.87bn, net profit stood at Rs3.67bn.