SAZEW declares Rs5 dividend

Sazgar Engineering Works Limited (SAZEW) posted net profit of Rs4.04 billion for the quarter ended September 30, 2026, down 8.6% from Rs4.42 billion a year earlier. The board also approved an interim cash dividend of Rs5 per share, while basic and diluted earnings per share fell to Rs66.77 from Rs73.07.

Mettis Global reported that quarterly sales climbed 23.3% to Rs41.71 billion, but cost of sales rose 31.2% to Rs33.20 billion, leaving gross profit almost unchanged at Rs8.51 billion. Distribution and marketing expenses increased 72.4%, and finance costs reached Rs333.55 million, compared with Rs79.23 million in the same period last year. Operating profit declined 9.7% to Rs6.15 billion, while taxation fell 14.8% to Rs2.41 billion. The results show higher sales alongside pressure on margins and earnings, with the dividend announced at the same time.