Karachi: Pakistan Tobacco Company Limited has declared a third interim cash dividend, marking a notable financial milestone for the company. During a Board of Directors meeting held on August 4, 2026, in Karachi, the company announced a cash dividend of Rs. 35.00 per share, equivalent to 350%. This dividend is in addition to the interim dividend of Rs. 70.00 per share, or 700%, that has already been distributed earlier this year.
The financial results of the company for the second quarter, ending on June 30, 2026, were released alongside the dividend announcement. The domestic turnover for the quarter stood at Rs. 116.09 billion, compared to Rs. 100.10 billion for the same period last year, reflecting a Very large or significant move. Despite a decline in export turnover from Rs. 4.06 billion to Rs. 3.43 billion, the overall gross turnover increased significantly to Rs. 119.52 billion from the previous year's Rs. 104.17 billion.
According to information available from the Pakistan Stock Exchange (PSX), the company's net turnover for the half-year ending June 30, 2026, reached Rs. 83.07 billion, up from Rs. 69.39 billion in the previous year, indicating a Very large or significant move. The gross profit for the same period was reported at Rs. 40.91 billion, compared to Rs. 32.84 billion last year.
The operating profit for the half-year was Rs. 30.33 billion, a noteworthy increase from Rs. 24.14 billion in the corresponding period of 2025. The company also reported a profit before income tax of Rs. 30.48 billion, compared to Rs. 24.85 billion last year. However, the income tax expense for the period was Rs. 11.96 billion, up from Rs. 10.59 billion in 2025.
In terms of earnings per share, the company reported Rs. 72.52 for the half-year ending June 30, 2026, compared to Rs. 55.81 in the previous year. This increase in earnings per share reflects the company's robust financial performance and its ability to generate value for shareholders.
The company has also provided details regarding its financial position as of June 30, 2026. Non-current assets were reported at Rs. 32.09 billion, while current assets stood at Rs. 70.18 billion. The total liabilities, both current and non-current, amounted to Rs. 52.64 billion. Share capital and reserves were reported at Rs. 49.64 billion.
The shareholders eligible for the third interim dividend will be those whose names appear in the Register of Members by August 13, 2026. The company's share registrar, FAMCO Share Registration (Pvt.) Ltd, will close the share book transfer books from August 17 to August 19, 2026, inclusive of both days.
The financial performance and the announcement of the third interim cash dividend demonstrate the company's solid footing in the market, as reflected in the designated market category of the Pakistan Stock Exchange.