Karachi: Frontier Ceramics Limited has released its 44th annual report for the fiscal year ending June 30, 2026, revealing a substantial increase in profit after taxation. The report, dated October 8, 2026, outlines the company's financial performance, highlighting a profit after taxation of 165.19 million rupees, a notable increase from 50.14 million rupees in the previous year.
The company's net sales for the year stood at 4.82 billion rupees, up from 4.39 billion rupees in 2025. Despite an increase in the cost of sales to 4.50 billion rupees from the prior year's 3.99 billion rupees, Frontier Ceramics Limited managed to achieve a gross profit of 323.49 million rupees. This marks a decline from the previous year's gross profit of 400.89 million rupees.
The report indicates that the company's operating profit was 214.58 million rupees, a decrease from 309.80 million rupees reported in 2025. However, the company's other income rose significantly to 92.38 million rupees from 5.85 million rupees the previous year.
According to information available from the Pakistan Stock Exchange (PSX), Frontier Ceramics Limited's finance cost increased slightly to 31.46 million rupees from 29.10 million rupees in 2025. This did not significantly impact the profit before levy and taxation, which stood at 275.50 million rupees, down slightly from 286.56 million rupees the previous year.
The taxation expense for the year was reduced significantly to 110.31 million rupees from the previous year's 236.42 million rupees. As a result, the profit after taxation experienced a very large move upward, culminating in 165.19 million rupees. The earnings per share, both basic and diluted, rose to 4.36 rupees from 1.32 rupees, reflecting the overall improved financial performance of the company.