Macter International 1Q profit falls 34% to Rs96m

October 22, 2026 (MLN): Consolidated profit after taxation of Macter International Limited (PSX: MACTER) fell 33.98% year-on-year to Rs95.92m for the quarter ended September 30, 2026, compared with Rs145.29m in the same period last year.

Basic and diluted earnings per share (EPS) declined 34.78% to Rs2.10 from Rs3.22 in the corresponding quarter last year.

The decline came from a 28% rise in selling and distribution expenses and a 60% jump in finance cost, which outweighed higher revenue and a stronger gross profit.

Revenue from contracts with customers grew 11.72% to Rs3.20bn from Rs2.86bn. Cost of sales rose at a slower pace of 9.70% to Rs1.72bn from Rs1.57bn, lifting gross profit 14.17% to Rs1.47bn from Rs1.29bn.

Selling and distribution expenses increased 28.10% to Rs1.06bn from Rs825.14m, while administrative expenses rose 9.50% to Rs192.21m from Rs175.52m. Other expenses fell 34.48% to Rs14.12m from Rs21.54m, and other income declined 50.68% to Rs3.94m from Rs7.99m.

As a result, operating profit fell 22.61% to Rs213.48m from Rs275.84m.

Finance cost rose 60.02% to Rs54.06m from Rs33.78m, adding to the pressure.

Profit before income tax declined 34.14% to Rs159.42m from Rs242.06m. Income tax expense fell 34.38% to Rs63.50m from Rs96.77m, which left profit after taxation at Rs95.92m.

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