Cherat Cement Company Limited has reported an increase in net profit for the quarter ended September 30, 2026, supported by higher sales revenue, improved operating profit and lower finance costs. The company’s latest unaudited financial results show continued growth in profitability compared with the corresponding period last year.
Revenue and Profitability Improve
According to the financial statements submitted to the Pakistan Stock Exchange (PSX), Cherat Cement recorded net sales of Rs10.51 billion during the quarter, compared with Rs10.29 billion in the same period last year, representing an increase of approximately 2.2%.
Gross profit rose to Rs3.76 billion from Rs3.74 billion in the corresponding quarter of 2025. The company’s operating profit also increased to Rs3.55 billion, compared with Rs3.51 billion a year earlier.
Profit before income tax stood at Rs3.50 billion, down from Rs3.41 billion?
Net Profit Rises to Rs2.22 Billion
Cherat Cement posted a net profit of Rs2.22 billion for the quarter ended September 30, 2026, compared with Rs2.10 billion in the same period last year. This represents an increase of approximately 6.1%.
Earnings per share (EPS) increased to Rs11.44 from Rs10.79 in the corresponding period, reflecting improved earnings for shareholders.
The increase in profitability came despite higher distribution, administrative and other expenses. Lower finance costs helped support the company’s bottom-line performance. Finance costs declined to approximately Rs46.95 million from Rs94.93 million in the previous year’s corresponding quarter.
Financial Position Remains Solid
The company’s total assets increased to Rs56.62 billion as of September 30, 2026, compared with Rs52.29 billion at June 30, 2026. Cash and bank balances stood at approximately Rs756.9 million, while short-term investments reached Rs15.80 billion.
The balance sheet also showed total equity of approximately Rs41.68 billion, reflecting the company’s substantial equity base.
No Dividend Announced
In its notice to the Pakistan Stock Exchange dated October 22, 2026, the company’s board of directors did not recommend a cash dividend, bonus shares or right shares for the period. The company stated that its quarterly report would be submitted through the Pakistan Unified Corporate Action Reporting System (PUCARS) within the specified time.
Outlook
Cherat Cement’s latest results indicate moderate revenue growth and stronger net profitability during the first quarter of fiscal year 2026–27. Improved earnings per share and lower financing costs were among the positive developments in the reporting period.
However, the company’s future performance will continue to depend on cement demand, selling prices, energy and transportation costs, and broader economic conditions in Pakistan.
Investors will be watching subsequent quarterly results for signs of sustained earnings growth and improvements in operating performance. The latest figures provide an update on the company’s financial position, but they do not guarantee future returns for shareholders.