Karachi, April 27, 2026: Macter International Limited has reported a solid improvement in profitability for the nine months ended March 31, 2026, with consolidated profit after tax rising to Rs529.3 million, compared with Rs488.1 million in the same period last year.
According to the company’s financial results submitted to the Pakistan Stock Exchange, consolidated revenue increased to Rs9.27 billion during the nine-month period, up from Rs7.68 billion a year earlier. This represents growth of around 20.8%, reflecting stronger sales during the period.
The improvement in revenue also translated into a stronger gross profit. Consolidated gross profit reached Rs4.51 billion, compared with Rs3.49 billion in the corresponding period of 2025.
However, expenses also moved higher. Selling and distribution expenses increased to Rs2.74 billion from Rs2.09 billion, while administrative expenses rose to Rs679.1 million from Rs500.9 million. Despite these higher costs, operating profit improved to Rs1.04 billion, compared with Rs875.7 million last year.
Finance costs remained broadly elevated at Rs99.3 million, while income tax expense increased substantially to Rs413.5 million from Rs289.4 million. Even after the higher tax burden, consolidated profit after taxation climbed to Rs529.3 million.
For shareholders, consolidated earnings per share stood at Rs11.50, compared with Rs10.64 in the same period of 2025. Profit attributable to owners of the holding company was Rs526.9 million, while non-controlling interests accounted for Rs2.4 million.
Quarterly performance
The company also posted a year-on-year improvement in quarterly profit. Consolidated revenue for the quarter rose to Rs2.91 billion from Rs2.54 billion, while profit after tax increased to Rs92.5 million from Rs91.2 million.
The quarterly earnings improvement came despite higher selling, distribution and administrative expenses, indicating that the growth in sales continued to support the company’s bottom line.
Balance sheet expands
Macter International’s consolidated total assets stood at Rs7.78 billion as of March 31, 2026, compared with Rs6.62 billion at the end of June 2025.
Stock-in-trade increased to Rs3.07 billion, while trade debts more than doubled to Rs1.16 billion from Rs508.6 million. Property, plant and equipment also increased to Rs2.93 billion, compared with Rs2.67 billion at June 30, 2025.
On the equity side, total equity increased to Rs4.05 billion from Rs3.61 billion. The company’s accumulated profit attributable to the holding company rose to Rs2.35 billion from Rs1.92 billion.
Investment in capacity continues
Macter International continued to invest in its fixed assets during the period. Consolidated additions to property, plant and equipment amounted to approximately Rs522 million, although this remained below the Rs689 million recorded during the same period last year.
The company’s cash flow statement shows that net cash generated from operating activities stood at Rs101.7 million, while investing activities consumed nearly Rs495.9 million, largely due to capital expenditure. Financing activities generated Rs212.2 million during the period.
No interim payout announced
Alongside the financial results, the Board of Directors recommended no cash dividend, bonus shares or right shares for the period ended March 31, 2026. The decision was announced following the board meeting held on April 25, 2026.
Overall, Macter International’s nine-month results point to continued revenue growth and a moderate improvement in profitability. While rising operating expenses, taxation and investment requirements remain important factors, the company’s higher sales, gross profit and earnings indicate that it maintained positive financial momentum through the first nine months of the 2026 financial year.
