ISL Profit Surges 3.6x to Rs2bn in 1QFY27

International Steels Limited (PSX: ISL) reported that its profit after tax more than tripled to Rs2.21bn for the quarter to September 30, 2026, according to Mettis Global. That compares with Rs620.34m in the same period last year, a rise of more than 3.5 times. Earnings per share came to Rs5.07, up from Rs1.43, with the surge driven mainly by other income and supported by stronger sales and better gross margins.

Other income was the main driver, climbing to Rs2.07bn from Rs17.62m, a rise of more than 117-fold. Revenue increased 13.59% to Rs23.76bn, while cost of sales grew more slowly, which lifted gross profit 44.84% to Rs3.41bn. Operating profit rose 65.47% to Rs2.35bn before non-operating items were factored in.

Finance cost climbed 78.62% to Rs490.20m and other expenses reached Rs472.61m. Income tax expense more than tripled to Rs1.25bn, taking a sizeable share of the Rs3.46bn pre-tax profit.