Karachi: Fecto Cement Limited has reported a marked decrease in its quarterly profit for the period ending September 30, 2026. The company announced its unaudited financial results on October 28, 2026, highlighting significant changes in its financial performance compared to the same quarter last year.

The company's net sales revenue stood at 3.77 billion rupees, an increase from 3.56 billion rupees in the corresponding quarter of 2025. Despite the increase in sales, the cost of sales surged to 3.39 billion rupees from 2.90 billion rupees, leading to a reduction in gross profit to 380.50 million rupees from 661.79 million rupees last year.

Administrative expenses were slightly reduced to 122.99 million rupees from 126.72 million rupees, while distribution costs rose marginally to 35.50 million rupees from 33.84 million rupees. The company reported a decline in other operating expenses which stood at 23.37 million rupees compared to 34.63 million rupees the previous year. Meanwhile, other operating income increased to 17.50 million rupees from 10.84 million rupees, resulting in an operating profit of 216.14 million rupees, down from 477.44 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), Fecto Cement's share of profit from its associate improved to 6.56 million rupees from a loss of 1.17 million rupees in the prior year. However, interest income from cash and cash equivalents saw a notable decline to 0.84 million rupees from 15.64 million rupees.

The profit before financing and income taxes dropped to 223.54 million rupees from 491.90 million rupees. Interest expenses on borrowings and lease liabilities rose to 29.11 million rupees from 25.83 million rupees, culminating in a profit before income taxes of 194.43 million rupees, compared to 466.07 million rupees in the previous year.

The company reported no levies during the quarter, contrasting with 44.52 million rupees in the same period last year. Taxation expenses decreased to 83.39 million rupees from 213.77 million rupees, resulting in a profit for the period of 111.04 million rupees, down from 207.78 million rupees—a significant move of 46.55%.

Fecto Cement's earnings per share fell to 2.21 rupees from 4.14 rupees as the company navigates through a challenging economic environment marked by rising costs and interest rates within the market category.