ISL triples profit to Rs1.6bn in H1FY26

January 27, 2026 (MLN): International Steels Limited (PSX: ISL) posted a profit after taxation of Rs1.61bn for the six months ended December 31, 2025, tripled from Rs534.09m in the corresponding period last year.

Earnings per share (EPS) increased to Rs3.71 from Rs1.23, tripled during the period.

Revenue from contracts with customers surged 38.18% YoY to Rs43.95bn from Rs31.80bn, demonstrating strong demand during the period.

After accounting for cost of sales of Rs39.29bn (up 33.53% YoY), the company reported a gross profit of Rs4.66bn, nearly doubling from Rs2.38bn in 6MFY25.

Selling and distribution expenses increased 56.33% to Rs1.29bn, while administrative expenses rose 38.30% to Rs317.87m.

Other expenses surged 372.79% to Rs405.22m. Finance costs increased 11.19% to Rs621.71m.

This led to an operating profit of Rs3.05bn, more than doubling from Rs1.32bn in the prior year.

Other income declined 64.95% to Rs52.39m from Rs149.45m in the prior period.

The company also recorded share of net income of associate of Rs411.12m during 6MFY26.

Profit before income tax tripled to Rs2.48bn from Rs826.61m.

Income tax expense tripled to Rs867.28m from Rs292.52m in 6MFY25.

The company closed 6MFY26 with a net profit of Rs1.61bn, delivering exceptional growth.

The Board has approved an interim cash dividend of Rs2.00 per share (20% of face value of Rs10 each) for the period ended December 31, 2025.

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