EFERT 9MCY26 profit jumps 14%

October 19, 2026 (MLN): Engro Fertilizers Limited (PSX: EFERT) reported a 14% surge in its consolidated net profit for the nine months ended September 30, 2026 (9MCY26), reaching Rs16.24bn compared to Rs14.27bn in the corresponding period last year.

Alongside the financial results, the board declared an interim cash dividend for the third quarter ended September 30, 2026, of Rs5.50 per share (55%).

Reflecting this bottom-line momentum, basic and diluted earnings per share (EPS) for the nine-month period expanded to Rs12.16, up from Rs10.69 in 9MCY25.

For the third quarter (Q3CY26) alone, net profit jumped 57% to Rs9.12bn (EPS of Rs6.83) compared to Rs5.81bn (EPS of Rs4.35) in Q3CY25.

The primary driver behind the nine-month performance was a strong 11% expansion in net sales alongside solid gross margin improvements.

Net sales for 9MCY26 grew to Rs150.44bn, up from Rs135.45bn. Despite cost of sales increasing 9% to Rs99.02bn, gross profit expanded 16% to Rs51.43bn compared to Rs44.37bn in 9MCY25.

On the operational front, administrative expenses remained well-controlled, edging up 3% to Rs3.83bn, while selling and distribution costs rose 19% to Rs14.26bn.

Operating subtotal reached Rs33.34bn (up 16%), with operational performance further supported by net gains on SIDC remeasurement and subsidy receivables totaling Rs1.53bn.

Below the operating line, EFERT absorbed higher debt-servicing burdens, with finance costs expanding 38% to Rs5.69bn (up from Rs4.12bn in 9MCY25). Other operating expenses stood at Rs2.48bn, while "other income" contributed Rs1.23bn, pushing profit before taxation up 18% to Rs27.93bn.

The company absorbed a corporate taxation charge of Rs11.68bn for the period (up 24% from Rs9.45bn in 9MCY25).

Backed by strong top-line sales growth, expanded gross margins, and a stellar third-quarter performance, Engro Fertilizers Limited securely closed the nine-month period with its net profit reaching Rs16.24bn.

Copyright Mettis Link News