Ghani Glass quarterly profit climbs 57% to Rs1bn

Ghani Glass Limited (GHGL) posted profit after tax of Rs1.11 billion for the quarter ended September 30, 2026, up 57.08% from Rs706.34 million a year earlier, Mettis Global reported. Earnings per share rose 56.34% to Rs1.11 from Rs0.71, and the company declared a cash dividend of Rs1 per share, equivalent to 10%.

Revenue edged up 2.32% to Rs10.22 billion, while cost of sales declined 10.31% to Rs7.07 billion, lifting gross profit 49.49% to Rs3.16 billion. Operating profit increased 82.70% to Rs1.73 billion, with finance costs down 51.59% to Rs9.10 million; however, taxation almost doubled to Rs699.01 million and the associate profit share fell 33.59% to Rs89.46 million. These results show how lower production costs supported quarterly earnings despite limited revenue growth and a heavier tax charge.