Sazgar profit soars 44% to Rs24bn, declares Rs20 final dividend

Sazgar Engineering Works Limited (PSX: SAZEW) lifted its net profit by 44% to Rs23.60bn for the year to June 30, 2026, up from Rs16.34bn a year earlier, according to Mettis Global. Earnings per share rose to Rs390.51 from Rs270.26. Alongside the results, the board announced a final cash payout of Rs20.00 per share, on top of the Rs50.00 per share already paid as interim dividends.

Net sales climbed 76% to Rs191.72bn from Rs108.69bn, but cost of sales rose faster, by 89% to Rs145.24bn. Gross profit increased 47% to Rs46.48bn, and the report attributes the slimmer margin to higher input costs despite robust volume growth. Operating profit advanced 42% to Rs36.45bn, while other income, reported below the operating line, rose 96% to Rs2.65bn.

Finance cost nearly doubled, rising 97% to Rs454.21m, and taxation climbed 45% to Rs15.04bn. Profit before tax reached Rs38.65bn, while the company recorded no profit from discontinued operations compared with Rs21,214 in the prior year. Mettis Global noted that the tax charge rose in close step with pre-tax profit.