Cherat Cement Company Limited has released its unaudited financial results for the first quarter ended September 30, 2026, showing a modest increase in revenue and net profit despite challenging market conditions.
- Revenue for the quarter reached PKR 10,508.85M, up 2% from PKR 10,285.28M in the same period last year.
- Net profit after tax (PAT) rose by approximately 6% to PKR 2,222.43M, compared to PKR 2,095.50M in Q1 2025.
- Earnings per share (EPS) increased to PKR 11.44 from PKR 10.79.
- Domestic cement dispatches grew by 7% year-on-year, while total sales volume declined by 15% due to the absence of exports.
- Finance costs decreased significantly by 51%, attributed to the repayment of long-term loans.
- The company is pursuing diversification, including a potential acquisition of shares in Nimir Industrial Chemicals Limited.
- Total assets increased to PKR 56,617.78M from PKR 52,294.24M as of June 30, 2026.
- The outlook remains cautiously optimistic, supported by recovering domestic demand despite ongoing economic challenges.