Karachi: Cherat Cement Company Limited has reported a slight increase in its net profit for the quarter ending September 30, 2026, despite facing rising costs in several areas. The company's financial results, released on October 22, 2026, show a net profit of Rs. 2,222.43 million, up from Rs. 2,095.50 million in the same period last year.

The company's turnover netted Rs. 10,508.85 million, compared to Rs. 10,285.28 million the previous year. The cost of sales increased to Rs. 6,747.29 million from Rs. 6,547.58 million, resulting in a gross profit of Rs. 3,761.56 million, marginally up from Rs. 3,737.70 million. Administrative expenses rose from Rs. 165.77 million to Rs. 191.25 million, while distribution costs and other expenses also saw increases.

Despite these rising costs, the company managed to record an operating profit of Rs. 3,550.93 million, slightly higher than last year's Rs. 3,509.20 million. According to information available from the Pakistan Stock Exchange (PSX), Cherat Cement’s finance costs decreased significantly, falling to Rs. 46.95 million from Rs. 94.93 million, contributing to the improved profit before tax of Rs. 3,503.98 million compared to Rs. 3,414.27 million last year.

Current income tax expenses decreased slightly to Rs. 1,250.55 million from Rs. 1,284.54 million, while deferred tax expenses also saw a minor reduction. Earnings per share increased to Rs. 11.44, up from Rs. 10.79 in the previous year.

The balance sheet for the period ending September 30, 2026, reveals total assets of Rs. 56,617.78 million, up from Rs. 52,294.24 million as of June 30, 2026. Non-current assets remained relatively stable, with fixed assets recorded at Rs. 28,181.34 million. Current assets saw an increase, notably in short-term investments, which rose to Rs. 15,803.02 million from Rs. 11,726.28 million.

The company's equity and liabilities showed an increase in reserves to Rs. 39,738.91 million from Rs. 37,571.15 million, while non-current liabilities slightly decreased. Current liabilities, however, rose significantly due to increased trade and other payables.

Cherat Cement’s financial statements highlight a period of moderate growth, with a minor move in net profit margins amidst fluctuating operational costs and financial strategies. The market will continue to monitor the company's performance as it navigates these economic pressures.