Sazgar Engineering Reports Higher Profit and Sales for Nine Months, Declares Rs20 Interim Dividend
Sazgar Engineering Works Limited has reported improved financial performance for the nine-month period ended March 31, 2026, with higher sales and profitability compared with the corresponding period of the previous year.
According to the company’s unaudited financial results, sales for the nine months increased to Rs115.20 billion, compared with Rs81.44 billion in the same period of 2025. The growth in revenue was accompanied by an improvement in gross profit, which reached approximately Rs29.44 billion, up from Rs24.79 billion a year earlier.
Profitability continues to improve
Sazgar Engineering recorded profit before taxation of Rs24.04 billion during the nine months ended March 31, 2026, compared with Rs21.04 billion in the corresponding period last year.
After taxation, the company posted net profit of Rs14.88 billion, compared with Rs12.85 billion in the same period of 2025. This represents an increase of roughly 16% year on year.
Earnings per share also strengthened, rising to Rs246.15 for the nine-month period from Rs212.67 previously.
The company also delivered solid quarterly results. For the third quarter ended March 31, 2026, sales stood at around Rs47.54 billion, compared with Rs36.71 billion in the same quarter of 2025. Net profit increased to approximately Rs6.44 billion, from Rs6.23 billion, while quarterly earnings per share rose to Rs106.51 from Rs103.06.
Rs20 per share interim dividend announced
Alongside the financial results, the Board of Directors recommended an interim cash dividend of Rs20 per share, equivalent to 200%. The company noted that this dividend is in addition to the Rs30 per share interim dividend already paid, bringing the two interim distributions to Rs50 per share.
The entitlement will be available to shareholders whose names appear in the Register of Members as of April 30, 2026. The company announced that its share transfer books would remain closed from May 1 to May 3, 2026, both days inclusive.
Stronger financial position
Sazgar Engineering’s balance sheet also reflected a stronger position at March 31, 2026. Total assets stood at approximately Rs79.88 billion, compared with Rs41.74 billion at June 30, 2025. Shareholders’ equity increased to around Rs35.56 billion from Rs23.71 billion over the same period.
Cash generation also remained positive. For the nine months, net cash generated from operating activities was approximately Rs26.61 billion, while cash and cash equivalents at the end of the period stood at about Rs33.26 billion, compared with Rs10.72 billion a year earlier.
Overall, the results point to continued growth in Sazgar Engineering’s revenue and earnings, supported by improved profitability and a stronger cash position. The additional interim dividend also highlights the company’s decision to return a portion of its earnings to shareholders.
