Pakistan Tobacco Company Limited (PTC) reported a strong financial performance for the first quarter ended March 31, 2026, posting a significant increase in profitability driven by higher sales and improved operating performance. Alongside the quarterly results, the company’s Board of Directors announced a second interim cash dividend of Rs. 35 per share (350%) for the year ending December 31, 2026. This dividend is in addition to the first interim dividend of Rs. 35 per share already paid earlier this year.

According to the company’s unaudited financial statements, profit after tax rose to Rs. 9.34 billion, compared with Rs. 6.27 billion recorded during the corresponding quarter last year, reflecting a year-on-year increase of nearly 49%. Consequently, earnings per share (EPS) improved to Rs. 36.57, up from Rs. 24.53 in the same period of 2025.

PTC’s gross turnover increased substantially to Rs. 102.27 billion during the quarter from Rs. 79.92 billion a year earlier. After accounting for excise duties and sales tax, net turnover reached Rs. 38.10 billion, compared to Rs. 30.65 billion in the corresponding period last year.

The company’s gross profit surged to Rs. 21.39 billion, up from Rs. 13.86 billion, while operating profit improved to Rs. 16.04 billion, highlighting stronger operational efficiency despite higher selling, distribution, and administrative expenses.

On the balance sheet, Pakistan Tobacco Company reported total shareholders’ equity of Rs. 48.10 billion as of March 31, 2026, compared with Rs. 46.96 billion at the end of December 2025. The company also strengthened its liquidity position, with cash and bank balances increasing to Rs. 5.09 billion from Rs. 1.69 billion at year-end, supported by robust operating cash flows.

The Board has fixed May 8, 2026, as the date for determining shareholders eligible to receive the second interim dividend. The company’s share transfer books will remain closed from May 11 to May 13, 2026 (both days inclusive).

The strong quarterly performance reflects Pakistan Tobacco Company’s continued ability to generate healthy earnings despite operating in a highly regulated environment. Improved domestic turnover, higher profitability, and generous shareholder payouts reinforce the company’s solid financial position and commitment to delivering value to its investors.