Power Cement FY26 profit surges to Rs3.8bn

Power Cement Limited (PSX: POWER) reported a net profit of Rs3.78bn for the fiscal year ended June 30, 2026, compared with Rs815m a year earlier, according to Mettis Global. Basic earnings per share rose to Rs2.86 from Rs0.44, while diluted EPS stood at Rs2.72. Profit before taxation climbed 256% to Rs5.60bn, which the company linked to lower interest costs and operating efficiencies.

Cement and clinker shipments rose 7.49%, reaching 2.56 million tons, with clinker exports jumping 31.21% to 896,510 tons. Net revenue climbed 15% to Rs33.98bn and gross profit widened 44% to Rs12.09bn. Capacity utilisation reached 75% from 67% a year earlier, and the new 7.5 MW wind power project has now been commissioned.

Net finance costs dropped 40% to Rs1.83bn, while borrowings came down to Rs16.3bn from Rs27.3bn at their 2021 high. The tax charge rose to Rs1.81bn over the same period.