Rawalpindi: Fauji Cement Company Limited announced its financial results for the fiscal year ending June 30, 2026, on Friday, showcasing significant growth in key performance metrics. The board of directors convened at the company's head office in Rawalpindi, where they approved a final cash dividend of 15%, amounting to Rs 1.50 per ordinary share, for its shareholders.

The company's annual general meeting is scheduled for September 28, 2026, in Islamabad, providing an opportunity for stakeholders to discuss these promising results further. Fauji Cement Company has announced that its share transfer books will remain closed from September 22 to September 28.

For the fiscal year 2026, Fauji Cement Company achieved a notable 6% increase in dispatches, totaling 5.7 million tons compared to 5.4 million tons in the previous fiscal year. The company's net revenue climbed to Rs 93.69 billion, up from Rs 88.96 billion in the prior year, reflecting a 5% year-over-year rise. The company's gross profit margin held steady at 35%, attributed to its cost optimization measures.

The company's profit after tax surged to Rs 16.2 billion from Rs 13.3 billion in fiscal year 2025, marking a very large or significant move of approximately 21.5%. According to information available from the Pakistan Stock Exchange (PSX), this growth is underpinned by strategic initiatives, including increased use of local coal and alternative fuels, enhanced in-house power generation, and early debt repayment.

Additionally, Fauji Cement's board authorized management to explore a potential merger with Attock Cement Pakistan Limited, a move that could reshape the company's strategic landscape and market positioning.

The company's total assets stood at Rs 175.49 billion, an increase from Rs 160.85 billion the previous year, while total equity and reserves rose to Rs 97.37 billion from Rs 84.27 billion. Non-current liabilities decreased to Rs 36.87 billion from Rs 45.94 billion, indicative of effective financial management.

Fauji Cement Company continues to demonstrate robust financial health as it navigates competitive market dynamics, positioning itself for future growth and consolidation opportunities.