Lahore: Flying Cement Company Limited has released its financial results for the fiscal year ending June 30, 2026, revealing a decline in net profit amid increased finance costs. The report, dated October 5, 2026, highlights the company's revenue dynamics and financial performance over the past year.

The company reported a revenue from contracts with customers, gross, of 22.24 billion rupees for 2026, up from 17.09 billion rupees in the previous year. However, after accounting for sales tax and federal excise duty, the net revenue stood at 14.52 billion rupees, reflecting an increase from 11.20 billion rupees in 2025. Despite an increase in gross revenue, the cost of sales rose to 12.64 billion rupees from 9.51 billion rupees, leading to a gross profit of 1.88 billion rupees, compared to 1.69 billion rupees in 2025.

The company's operating profit increased to 1.52 billion rupees from 1.20 billion rupees in the previous year. This improvement was bolstered by other income of 352.52 million rupees, a significant rise from 116.82 million rupees. However, finance costs surged to 607.99 million rupees from 110.40 million rupees, impacting the overall profitability.

According to information available from the Pakistan Stock Exchange (PSX), the profit before taxation decreased to 1.05 billion rupees from 1.14 billion rupees in the previous year. The income tax expense also increased, resulting in a net profit of 486.42 million rupees, down from 648.82 million rupees in 2025. Consequently, the earnings per share fell to 0.70 rupees from 0.93 rupees.

On the balance sheet, the company's total assets stood at 29.58 billion rupees, a slight decrease from 29.74 billion rupees in the previous year. The equity and liabilities structure showed total equity of 13.87 billion rupees, with non-current liabilities at 5.76 billion rupees and current liabilities at 9.95 billion rupees.

The financial results underscore challenges faced by the company in managing finance costs and maintaining profitability. As the fiscal year concluded, Flying Cement's financial position reflected both growth in revenue and pressures from increased expenses, particularly in finance costs, which played a crucial role in the decline of net profits.