Lucky Core 6MFY26 profit drops 28%, maintains dividend at Rs5.25

January 27, 2026 (MLN): Lucky Core Industries Limited (PSX: LCI) posted a profit after taxation of Rs4.60bn for the six months ended December 31, 2025, down 27.8% compared to Rs6.37bn in the corresponding period last year.

Earnings per share (EPS) declined to Rs9.96 from Rs13.80.

Net turnover declined 9.5% YoY to Rs56.34bn from Rs62.25bn, showing lower sales volumes during the period.

After accounting for cost of sales of Rs43.79bn (down 8.7% YoY), the company reported a gross profit of Rs12.55bn, down 12% from Rs14.26bn in 6MFY25.

Selling and distribution expenses decreased 6.5% to Rs3.46bn, while administration and general expenses increased 12.2% to Rs1.30bn. This led to an operating profit of Rs7.78bn, down 17.2% YoY.

Finance costs decreased 13.9% to Rs1.12bn. Exchange losses surged to Rs29.12m from Rs8.17m, while workers’ profit participation and welfare funds declined 26.6% and 30.3% to Rs196.3m and Rs132.3m, respectively.

Other charges were slightly lower at Rs82.1m.

Other income decreased 47.2% to Rs1.20bn. Share of profit from associate improved significantly to Rs80.36m from Rs32.24m in 6MFY25.

Profit before final and income tax declined 26.8% to Rs7.42bn from Rs10.13bn.

Total income tax decreased 25% to Rs2.82bn, including higher final taxes of Rs90.3m versus Rs12.5m in the prior period.

The company closed 6MFY26 with a net profit of Rs4.60bn, delivering a net profit margin of 8.2% compared to 10.2% in the same period last year.

The profit decline was primarily driven by lower net sales, reduced other income, and increased taxation, partially offset by lower finance costs and decreased operating and selling expenses.

The Board has approved an interim cash dividend of Rs5.25 per share (262.5% of face value of Rs2 each) for FY26, payable to shareholders whose names appear in the Register of Members on February 06, 2026 (close of business).

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