Flying Cement FY26 profit slips to Rs486m

According to Mettis Global, Flying Cement Company Limited posted a profit of Rs486.42m for the financial year ended June 30, 2026, a decline of 25.03 per cent from Rs648.82m a year earlier. Earnings per share came in at Rs0.70, down from Rs0.93, a fall of 24.73 per cent. The lower bottom line came despite healthier sales and operating results.

Net revenue, after sales tax and federal excise duty that climbed to Rs7.72bn, rose 29.63 per cent to Rs14.52bn. Cost of sales grew faster, up 32.95 per cent to Rs12.64bn, which held gross profit to a 10.92 per cent increase at Rs1.88bn. Operating profit rose 26.58 per cent to Rs1.52bn, aided by a reversal of loss allowance on trade debts worth Rs6.90m.

Other income tripled to Rs352.52m, but finance costs rose more than five-fold to Rs607.99m, which absorbed most of those gains. The levy more than tripled to Rs214.63m, pulling profit before tax down 7.75 per cent to Rs1.05bn, and income tax rose 15.25 per cent to Rs561.48m. Those charges pushed the bottom line down 25.03 per cent.