Fauji Cement posts around 34% rise in nine-month profit

By MG News | April 24, 2025 at 12:31 PM GMT+05:00

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April 24, 2025 (MLN): Fauji Cement Company Limited (PSX: FCCL) reported a net profit of Rs9.41 billion [EPS: Rs3.84] for the nine-month period ended March 31, 2025, reflecting a 33.57% increase compared to Rs7.04bn [EPS: Rs2.87] in the same period last year (SPLY).

The company’s net revenue rose by 13.05% to Rs67.15bn, up from Rs59.4bn in SPLY, driven by improved sales performance and pricing strategies.

Gross profit surged by 26.6% to Rs23.05bn from Rs18.21bn, supported by stronger margins and cost control.

Other income also saw a notable rise of 48.18% to Rs552.86m, benefiting from enhanced returns on financial assets.

Selling and distribution expenses declined by 12.03% to Rs2.25bn, indicating improved operational efficiency, while administrative expenses increased by 11.45% to Rs1.26bn.

Other expenses rose sharply by 79.78% to Rs1.04bn.

Operating profit grew significantly by 33.1% to Rs19.06bn. On the financing side, finance cost rose by 23.01% to Rs4.64bn, while finance income surged by 290% to Rs772.95m, partially offsetting the impact of higher interest rates.

As a result, net finance cost increased moderately by 8.21% to Rs3.87bn.

The company recorded a profit before taxation of Rs15.19bn, up 41.39% from Rs10.74bn in SPLY. Income tax expense rose by 56.25% to Rs5.78bn, reflecting a higher effective tax rate.

STATEMENT OF PROFIT OR LOSS (UN.AUDITED) FOR THE NINE MONTH PERIOD ENDED MARCH 31, 2025 (Rs '000)
Description	Mar-25	Mar-24	%Change
Revenue - net	67,154,184	59,400,121	13.05%
Cost of sales	(44,099,993)	(41,190,185)	7.06%
Gross profit	23,054,191	18,209,936	26.60%
Other income	552,861	373,098	48.18%
Selling & distribution expenses	(2,249,800)	(2,557,575)	-12.03%
Administrative expenses	(1,256,628)	(1,127,488)	11.45%
Other expenses	(1,043,679)	(580,523)	79.78%
Operating profit	19,056,945	14,317,448	33.10%
Finance cost	(4,640,430)	(3,772,323)	23.01%
Finance income	772,948	198,193	290.00%
Net finance cost	(3,867,482)	(3,574,130)	8.21%
Profit before taxation	15,189,463	10,743,318	41.39%
Income tax expense	(5,782,434)	(3,700,803)	56.25%
Profit for the period	9,407,029	7,042,515	33.57%
Earnings per share (Rs.)	3.84	2.87	33.80%

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