Bestway Cement profit rises 24% to Rs7bn

October 26, 2026 (MLN): Profit for the period of Bestway Cement Limited (PSX: BWCL) rose 24.47% year-on-year to Rs6.84bn for the three months ended September 30, 2026, compared with Rs5.50bn in the same period last year.

Earnings per share (EPS) increased 24.40% to Rs11.47 from Rs9.22 in the corresponding quarter last year.

The growth came from higher turnover, a 41% rise in gross profit, lower finance cost and a more than doubling of finance and other income. Higher operating expenses, a lower share of profit from equity-accounted investees and a heavier tax charge partly offset the gains.

Gross turnover grew 21.42% to Rs50.05bn from Rs41.22bn. Rebates and discounts fell 10.14% to Rs1.63bn from Rs1.81bn, while sales tax and excise duty rose 19.18% to Rs16.12bn from Rs13.53bn. Net turnover increased 24.80% to Rs32.30bn from Rs25.89bn.

Cost of sales rose at a slower pace of 18.65% to Rs22.16bn from Rs18.68bn, lifting gross profit 40.71% to Rs10.14bn from Rs7.21bn.

Selling and distribution expenses increased 80.39% to Rs525.29m from Rs291.20m, while administrative expenses rose 75.57% to Rs884.73m from Rs503.93m. Other operating expenses grew 45.00% to Rs530.58m from Rs365.91m.

As a result, operating profit climbed 35.63% to Rs8.20bn from Rs6.05bn.

Finance and other income (net) more than doubled to Rs298.42m from Rs135.98m, and finance cost fell 11.11% to Rs1.25bn from Rs1.41bn.

Share of profit of equity-accounted investees, net of tax, declined 12.93% to Rs2.96bn from Rs3.40bn.

Profit before tax grew 24.89% to Rs10.21bn from Rs8.18bn. Income tax expense rose 25.75% to Rs3.37bn from Rs2.68bn, which absorbed part of the gains and left profit for the period at Rs6.84bn.

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