NICL 1QFY27 profit jumps 32%

Nimir Industrial Chemicals Limited (NICL) posted a net profit of Rs666.27m for the quarter ended September 30, 2026, up 32% from Rs503.52m a year earlier, according to Mettis Global. Earnings per share rose to Rs6.02 from Rs4.55 in the same period last year. The figures cover the first quarter of fiscal year 2027.

Net revenue from contracts with customers climbed 23% to Rs15.27bn after Rs2.63bn of sales tax and trade discounts was deducted from gross revenue of Rs17.90bn. Cost of revenue went up 21%, reaching Rs13.22bn, which lifted gross profit 32% to Rs2.06bn. Distribution costs grew 71% to Rs260.67m and administrative expenses rose 18% to Rs191.68m, leaving operating profit up 29% at Rs1.60bn.

Finance costs fell 8% to Rs464.27m, while other income roughly doubled to Rs47.80m, lifting profit before tax 52% to Rs1.07bn. The tax charge, however, climbed 102% to Rs407.65m, so net profit grew more slowly than pre-tax profit.