Flying Cement Company Limited has reported a significant improvement in its financial performance for the nine-month period ended March 31, 2026, with higher sales and a substantial increase in profitability compared with the same period last year.

According to the company’s unaudited financial statements, gross sales for the nine months rose to approximately Rs16.26 billion, compared with Rs10.26 billion in the corresponding period of the previous year. After sales tax and other duties, net sales increased to around Rs10.52 billion, from approximately Rs6.75 billion previously.

The stronger sales performance also translated into a notable improvement in gross profit. Flying Cement recorded a gross profit of about Rs1.54 billion during the nine-month period, compared with nearly Rs820 million a year earlier.

Operating performance improves

The company’s operating profit climbed to approximately Rs1.38 billion, compared with around Rs599 million in the same period of the previous year. This indicates a substantial improvement in the company’s core operating performance.

Profit before taxation stood at approximately Rs1.03 billion, compared with about Rs589 million previously. After taxation, the company posted a profit of Rs534.32 million, up from approximately Rs275.31 million in the comparable period.

This improvement was also reflected in earnings per share. Basic earnings per share increased to Rs0.77, compared with Rs0.40 in the previous year.

Third-quarter results remain positive

Flying Cement also delivered improved results during the quarter ended March 31, 2026. Net sales for the quarter reached approximately Rs3.52 billion, compared with around Rs2.83 billion in the same quarter last year.

Quarterly gross profit increased to nearly Rs440 million, while operating profit stood at approximately Rs386 million. Profit after taxation was around Rs201.6 million, compared with approximately Rs194.5 million in the corresponding quarter of the previous year.

The company’s basic earnings per share for the quarter stood at Rs0.29, slightly higher than Rs0.28 recorded in the same period last year.

No dividend or bonus announced

Despite the improvement in earnings, the company informed the Pakistan Stock Exchange that its Board of Directors recommended no cash dividend, bonus issue or right shares for the period. The company also reported no other entitlement, corporate action or price-sensitive information in its notification.

Cash position and financial position

The financial position statement shows total assets of approximately Rs30.12 billion as of March 31, 2026. The company had total equity and liabilities of the same amount, reflecting the balance of its financial position.

Meanwhile, the cash flow statement shows that net cash generated from operating activities was negative during the period, while the company also recorded cash outflows for investing activities. Financing activities provided a positive cash inflow of approximately Rs85.16 million. Cash and cash equivalents stood at roughly Rs276.71 million at the end of the period.

A stronger financial year so far

Overall, Flying Cement’s nine-month results point to a considerably stronger financial performance compared with the previous year. The combination of higher net sales, improved gross profit and stronger operating earnings helped the company lift its after-tax profit to more than Rs534 million.

For investors and market observers, the key development is the sharp improvement in profitability and earnings per share. However, the company’s cash-flow position remains an important area to watch as it moves toward the end of the financial year.