KARACHI: Safe Mix Concrete Limited has reported a strong financial performance for the nine months ended March 31, 2026, posting a significant increase in profitability on the back of higher sales and improved operating performance. The company’s board approved the unaudited financial results at its meeting held on April 27, 2026.
According to the financial statements, net revenue climbed to Rs. 1.73 billion, compared with Rs. 1.12 billion recorded during the corresponding period last year, reflecting robust business growth. The increase in sales also helped the company raise its gross profit to Rs. 271.2 million, up from Rs. 161.1 million in the same period of 2025.
Despite higher administrative and selling expenses associated with business expansion, Safe Mix Concrete generated an operating profit of Rs. 192.98 million, significantly higher than Rs. 110.07 million recorded a year earlier. The improved operational efficiency translated into stronger earnings before taxation.
For the nine-month period, the company reported a profit after tax of Rs. 100.48 million, representing an increase of nearly 90% compared with Rs. 52.92 million earned during the same period last year. Consequently, earnings per share (EPS) rose to Rs. 4.02, up from Rs. 2.12 in the corresponding period of 2025.
On a quarterly basis, Safe Mix Concrete earned Rs. 22.35 million during the quarter ended March 31, 2026, compared with Rs. 14.26 million in the same quarter last year. Quarterly EPS improved to Rs. 0.89, versus Rs. 0.57 previously.
The company’s balance sheet also reflected expansion in its asset base, with total assets increasing to approximately Rs. 1.29 billion as of March 31, 2026, compared with Rs. 982.64 million at the end of June 2025. Shareholders’ equity strengthened to Rs. 471.78 million, supported by higher retained earnings generated during the period.
Cash flow from operating activities remained healthy, with the company generating Rs. 187.35 million in net operating cash during the nine-month period, demonstrating its ability to convert earnings into cash despite increased working capital requirements.
The board did not recommend any cash dividend, bonus shares, right shares, or any other corporate action along with the financial results, opting instead to retain earnings to support future business growth.
The latest results underscore Safe Mix Concrete Limited’s strong operational momentum, with rising revenues, improved profitability, and a healthier financial position positioning the company for continued growth in Pakistan’s construction materials sector.
