Lucky Cement’s bottom line booms in Q1FY26
28-Oct-2025
MettisGlobal
October 28, 2025 (MLN): Lucky Cement Limited (PSX: LUCK) has reported a profit after taxation (PAT) of Rs 23.56 billion for the quarter ended September 30, 2025, reflecting a 19% year-on-year increase.
This is due to higher contributions from joint ventures and lower finance costs helped offset margin pressure from rising input expenses.
The company’s strong bottom-line performance translated into a 22.63% jump in earnings per share (EPS) to Rs15.01, up from Rs12.24 (restated) a year earlier.
Despite cost-side challenges, the net profit margin improved by 1.32 percentage points to 19.06%, showcasing greater operational efficiency.
Gross revenue rose 13.54% to Rs155.38bn, while net revenue increased 10.72% to Rs123.6bn, after accounting for a sharp 25.46% rise in sales tax and excise duty.
However, the cost of sales grew faster, up 15.29% to Rs 92.11bn, squeezing the gross profit margin by 2.96 percentage points to 25.47%, compared to 28.43% last year.
Consequently, gross profit dipped marginally by 0.78% to Rs 31.48bn.
Finance cost dropped 40.03% to Rs4.81bn, saving the company over Rs3.20bn due to effective debt management and lower borrowing rates.
Share of profit from joint ventures and associates rose 27.38% to Rs5.4bn, supported by strong performance from affiliated entities. Other income (net) improved 26.58% to Rs4.14bn.
Distribution and administrative expenses remained tightly managed, declining by 6.61% and 1.06%, respectively.
As a result, profit before taxation and levy increased 21.49% to Rs29.95bn.
Even with taxation rising nearly 40% to Rs6.21bn, the company sustained its growth momentum, ending the quarter with a profit after tax of Rs23.56bn.
|
Statement of Profit/Loss for the period ended on September
30, 2025 (Rs’000) |
|||
|
2025 |
2024 |
Change |
|
|
Gross Revenue |
155379585 |
136852319 |
13.54% |
|
Less: Sales tax and excise duty |
-27607769 |
-22004348 |
25.46% |
|
Rebates and incentives |
-4176367 |
-3222527 |
29.60% |
|
Net Revenue |
123595449 |
111625444 |
10.72% |
|
Cost of sales |
-92114251 |
-79895829 |
15.29% |
|
Gross Profit |
31481198 |
31729615 |
-0.78% |
|
Distribution cost |
-4157480 |
-4451612 |
-6.61% |
|
Administrative expenses |
-2109979 |
-2132538 |
-1.06% |
|
Finance cost |
-4807710 |
-8017398 |
-40.03% |
|
Other income / expense - net |
4143155 |
3273225 |
26.58% |
|
Share of profit - joint ventures and associates |
5403607 |
4242081 |
27.38% |
|
Profit before taxation and levy |
29952791 |
24643373 |
21.49% |
|
Levy |
-181236 |
-404675 |
-55.21% |
|
Profit before taxation |
29771555 |
24238698 |
22.83% |
|
Taxation |
-6210065 |
-4438664 |
39.91% |
|
Profit after taxation |
23561490 |
19800034 |
19.00% |
|
Earnings per share - basic and diluted (Rs) |
15.01 |
12.24 |
22.63% |