Lucky Cement Posts Record Quarterly Profit of Rs. 21.9 Billion

Lucky Cement Limited reported its highest-ever quarterly consolidated profit after tax (PAT) of Rs. 21.9 billion, marking a 23 percent year-on-year increase for the first quarter of fiscal year 2026, according to Arif Habib Ltd. Earnings per share (EPS) rose to Rs. 15.01, up from Rs. 12.19 in the same period last year, driven by a strong performance from local cement operations and subsidiaries. Net revenue surged 11 percent year-on-year to Rs. 123.6 billion, compared to Rs. 111.5 billion last year, supported by higher sales in local cement, pharmaceuticals, animal health, automobiles, and mobile phones. Local cement revenue grew 14 percent year-on-year, mainly due to robust domestic dispatches. The pharma and animal health segments also showed solid growth, rising 25 percent and 22 percent, respectively, as product volumes expanded across key markets. Gross margins improved slightly to 25.5 percent, compared to 24.8 percent last year, reflecting better pricing and cost efficiencies. Other income climbed 27 percent to Rs. 4.18 billion, helped by higher returns on short-term investments. Finance costs rose 40 percent to Rs. 4.8 billion, mainly due to higher borrowing costs. The company recorded an effective tax rate of 21.3 percent, up from 19.7 percent in the same quarter last year. Lucky Cement Limited is Pakistan’s largest producer and exporter of cement, with operations spanning local and international markets. The company operates modern production plants in Karachi and Pezu and has diversified investments in power, automobiles, pharmaceuticals, and chemicals.