Islamabad: Pakistan Tobacco Company Limited has announced its financial results for the first quarter ending March 31, 2026, revealing a notable increase in profitability. The company’s board of directors, in a meeting held on April 28, 2026, at the Serena Business Complex in Islamabad, recommended a second interim cash dividend for the year ending December 31, 2026, at Rs.35.00 per share, equivalent to 350%. This dividend is in addition to the interim dividend already paid at the same rate.

The financial results for the first quarter show that the company achieved a gross turnover of Rs.102.27 billion, which includes domestic turnover of Rs.99.59 billion and export turnover of Rs.2.68 billion. The net turnover for the period amounted to Rs.38.10 billion, increasing from Rs.30.65 billion in the same period last year. The gross profit rose to Rs.21.39 billion from Rs.13.86 billion, marking a very large or significant move of 54.30%.

Operating profit for the quarter reached Rs.16.04 billion, up from Rs.10.58 billion, while profit before income tax was Rs.15.99 billion, an increase from Rs.10.61 billion in the first quarter of 2025. The company’s profit for the period stood at Rs.9.34 billion, compared to Rs.6.27 billion in the previous year. Earnings per share increased to Rs.36.57 from Rs.24.53.

According to information available from the Pakistan Stock Exchange (PSX), the company’s financial position has strengthened, with a cash dividend payout reflecting robust earnings. The balance sheet shows a total equity of Rs.48.10 billion as of March 31, 2026.

Cash flows from operating activities generated Rs.6.96 billion, a significant increase from the negative cash flow of Rs.372.83 million recorded in the corresponding period last year. However, net cash used in financing activities was Rs.705.24 million, compared to Rs.1.51 billion in the previous year. The company’s cash and cash equivalents increased to Rs.7.99 billion at the end of the quarter.

The board of directors noted that the entitlement will be paid to shareholders listed on the Register of Members by May 8, 2026. The share book transfer books will be closed from May 11 to May 13, 2026. The company’s quarterly report will be transmitted through PUCARS within the specified timeframe.