Karachi: International Steels Limited (ISL), a prominent entity in the designated market category of steel manufacturing, has announced a total dividend of 50% per share for the fiscal year ending June 30, 2026. The announcement was made following a board meeting held on August 19, 2026, where the company’s annual audited financial results were reviewed and approved.
The Board of Directors declared a final cash dividend of Rs. 3.00 per share, equivalent to 30%, complementing an interim cash dividend of Rs. 2.00 per share, or 20%, previously disbursed. As a result, shareholders will benefit from a cumulative dividend payout of Rs. 5.00 per share for the year. The decision underscores ISL’s robust financial performance and commitment to delivering value to its investors.
According to information available from the Pakistan Stock Exchange (PSX), ISL’s balance sheet reflects a notable increase in total assets, which amounted to Rs. 55,593.75 million as of June 30, 2026, up from Rs. 50,067.52 million the previous year. This growth is largely attributed to a rise in current assets, particularly stock-in-trade and trade debts. The company’s revenue from contracts with customers surged to Rs. 93,349.19 million, marking a very large or significant move from Rs. 62,310.88 million in the prior year.
The financial statement also shows a gross profit of Rs. 10,727.83 million, more than doubling the Rs. 5,344.24 million recorded last year. ISL’s profit before income tax rose significantly to Rs. 5,548.21 million from Rs. 2,449.61 million, while profit for the year reached Rs. 3,673.23 million, reflecting a strong operational performance. Earnings per share increased to Rs. 8.44 from Rs. 3.58, further highlighting the company’s successful financial year.
The 19th Annual General Meeting of International Steels Limited is scheduled for Monday, October 5, 2026, at the Beach Luxury Hotel in Karachi, with a provision for virtual attendance. The company’s share transfer books will be closed from September 29 to October 5, 2026, to determine the shareholders entitled to the final dividend and the right to participate in the meeting.
ISL’s annual report will be disseminated electronically and available on its website at least 21 days before the AGM, ensuring stakeholders have access to comprehensive financial information.