Aisha Steel Mills Limited: performance and outlook

Aisha Steel Mills Limited (ASL) reported net profit of Rs335.96 million for 1QFY27, up 309.51 percent year-on-year, as sales rose sharply, Business Recorder reported. Revenue reached Rs18,039.27 million, supported by an 85 percent increase in sales volume to 80,053 tons.

Gross profit increased 110 percent, while operating profit advanced 85.76 percent. Higher export freight, administrative costs and provisions contributed to rising expenses, but finance costs declined 7.69 percent. For FY26, ASL had returned to profit with earnings of Rs981.149 million after recording a loss in FY25. The company’s outlook points to potential demand support from automobile and white goods activity, while international steel prices, energy and freight costs remain pressures on margins.