Gharibwal Cement Limited held a corporate briefing session to discuss its audited accounts for the fiscal year ending June 30, 2026, highlighting operational performance and financial metrics.
- Revenue increased by 13.3% to PKR 22,312.81M, driven by a 17.3% rise in dispatches.
- Gross profit fell by 8.2% to PKR 4,210.26M, leading to margin compression due to higher costs.
- EBITDA decreased by 7.5% to PKR 4,443.30M, reflecting ongoing pressure on profitability.
- Net profit rose by 6.3% to PKR 2,345.08M, aided by an improved effective tax rate.
- The shift to imported coal increased average coal costs by 25.3%, impacting overall profitability.
- Power generation from green sources covered 54% of total needs, significantly reducing fuel costs.
- The company maintains a conservative capital structure with a debt-to-equity ratio of 0.034:1, ensuring financial flexibility.
- A Q&A session addressed operational queries, including average retention prices and fuel mix.