Murree Brewery profit rises 22% to Rs1bn, declares Rs6.5 dividend

October 23, 2026 (MLN): Profit for the period of Murree Brewery Company Limited (PSX: MUREB) rose 22.38% year-on-year to Rs1.18bn for the quarter ended September 30, 2026, compared with Rs960.36m in the same period last year.

Basic and diluted earnings per share (EPS) increased 22.38% to Rs42.49 from Rs34.72 in the corresponding quarter last year.

Along with the results, the company announced an interim cash dividend of Rs6.50 per share (65%) for the quarter ended September 30, 2026. No interim dividend was paid earlier.

The growth came from higher turnover, a stronger gross margin, lower selling and distribution expenses and higher finance income. Higher administrative and other expenses, along with a heavier tax charge, partly offset the gains.

Net turnover grew 9.15% to Rs8.81bn from Rs8.07bn. Cost of sales rose at a slower pace of 7.33% to Rs6.37bn from Rs5.93bn, lifting gross profit 14.19% to Rs2.44bn from Rs2.14bn.

Selling and distribution expenses fell 7.06% to Rs409.99m from Rs441.15m, while administrative expenses rose 11.85% to Rs234.52m from Rs209.68m. Other expenses increased 18.86% to Rs132.94m from Rs111.85m, and other income declined 39.11% to Rs16.33m from Rs26.81m.

As a result, operating profit climbed 19.83% to Rs1.68bn from Rs1.40bn.

Finance costs fell 61.92% to Rs0.40m from Rs1.04m, while finance income rose 7.17% to Rs184.32m from Rs172.00m. Net finance income grew 7.59% to Rs183.93m from Rs170.96m.

Profit before income tax and final taxes rose 18.50% to Rs1.87bn from Rs1.57bn. The company booked no final taxes (levies), against Rs0.34m last year, taking profit before income tax up 18.52% to Rs1.87bn from Rs1.57bn.

Income tax expense increased 12.48% to Rs690.26m from Rs613.66m, which absorbed part of the gains and left profit for the period at Rs1.18bn.

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