Monday, August 31 2026

Power Cement FY26 profit surges to Rs3.8bn
Power Cement Limited (PSX: POWER) reported an extraordinary 4.6x (364%) surge in its net profit for the fiscal year ended June 30, 2026, reaching Rs3.78bn compared to Rs815m in the preceding year. Reflecting this explosive profitability, basic earnings per share (EPS) surged more than six-fold to Rs2.86 (diluted EPS of Rs2.72), up from Rs0.44 in FY25. The primary drivers behind the financial expansion were higher clinker dispatches, better market price realization, expanded gross margins, and substantial debt-servicing relief. Total cement and clinker dispatches increased by 7.49% to 2.56 million tons, fueled by a 31.21% boom in clinker exports (896,510 tons) that comfortably offset a dip in cement exports. Clinker production grew 13.38% to 2.42 million tons, boosting capacity utilization to 75% (up from 67% in FY25). Consequently, net revenue grew by 15% year-on-year to Rs33.98bn. With the cost of sales rising by just 4% to Rs21.89bn supported by the commissioning of a new 7.5 MW wind power project gross profit expanded 44% to Rs12.09bn compared to Rs8.40bn in FY25.
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Related symbols: power (news stock)