Karachi: Bestway Cement Limited released its financial results for the quarter ending September 30, 2026, showing a significant increase in profitability despite challenges in operational costs and expenses. The financial report, dated October 26, 2026, reveals notable insights into the company's financial health and strategic adjustments during this period.
The company reported a gross turnover of 50.05 billion rupees for the quarter, an increase from 41.22 billion rupees in the same period last year. After accounting for rebates, discounts, sales tax, and excise duty, the net turnover stood at 32.30 billion rupees, compared to 25.89 billion rupees in the previous year. This reflects a very large or significant move in the company's net turnover, showcasing its robust market performance.
Bestway Cement's gross profit reached 10.14 billion rupees, up from 7.21 billion rupees recorded in the corresponding quarter of 2025. Despite increased selling and distribution expenses, administrative expenses, and other operating expenses, the company achieved an operating profit of 8.20 billion rupees, a marked improvement from last year's 6.05 billion rupees.
According to information available from the Pakistan Stock Exchange (PSX), the company's profit before tax escalated to 10.21 billion rupees from 8.18 billion rupees, demonstrating a big move in pre-tax profitability. This outcome reflects comprehensive adjustments in its operational and financial strategies, including a reported finance and other income of 298.42 million rupees, a significant increase from 135.98 million rupees the previous year.
The financial results further detail the company's liabilities and equity status. Total liabilities as of September 30, 2026, were recorded at 156.24 billion rupees, with long-term financing increasing to 31.19 billion rupees from 21.09 billion rupees in June 2026. However, current liabilities saw a decrease, standing at 64.94 billion rupees compared to 75.42 billion rupees at the end of June 2026.
In terms of equity, Bestway Cement reported total equity of 134.08 billion rupees, slightly up from 133.88 billion rupees as of June 2026. The company's financial position underscores its strategic efforts to bolster reserves and optimize asset utilization, with property, plant, and equipment valued at 184.86 billion rupees, remaining a substantial component of its non-current assets.
The condensed interim statement of profit or loss also highlights a substantial net profit for the period, amounting to 6.84 billion rupees, compared to 5.50 billion rupees in the prior year, resulting in earnings per share of 11.47 rupees, up from 9.22 rupees. This financial performance reflects a strong market position and effective cost management strategies amid fluctuating market conditions.
The company's financial results underscore its resilience and ability to navigate market complexities, marking a significant milestone in its operational strategy and financial planning. As part of the designated market category, Bestway Cement Limited continues to align its resources and strategic initiatives to sustain growth and shareholder value.