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

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

0:00

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%

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	152,011.26 202.91M	-2.25% -3500.30
ALLSHR	90,933.96 349.11M	-1.93% -1787.62
KSE30	45,975.85 87.34M	-2.50% -1180.47
KMI30	220,290.57 84.33M	-2.27% -5117.55
KMIALLSHR	59,449.18 202.18M	-1.86% -1128.08
BKTi	42,093.29 29.70M	-2.76% -1193.09
OGTi	31,521.03 8.65M	-2.71% -879.26

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	67,120.00	68,875.00 65,850.00	-1220.00 -1.79%
BRENT CRUDE	109.24	109.74 99.08	8.08 7.99%
RICHARDS BAY COAL MONTHLY	112.50	0.00 0.00	6.40 6.03%
ROTTERDAM COAL MONTHLY	113.00	114.50 113.00	-0.40 -0.35%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	112.06	113.97 97.50	11.94 11.93%
SUGAR #11 WORLD	14.96	15.50 14.91	-0.33 -2.16%