Karachi: Engro Fertilizers Ltd. (EFERT) has reported a significant increase in profitability for the third quarter of calendar year 2026, with consolidated earnings reaching PkR9.1 billion, marking a 57% year-over-year increase. The company attributes this growth to higher offtakes, according to a press release from AKD Securities Limited. The earnings per share rose to PkR6.8 from PkR4.4 in the same period last year, aligning with analyst expectations. Additionally, EFERT announced a dividend of PkR5.5 per share, surpassing anticipated payouts.

According to AKD Securities Limited, the company's revenue saw a 45% year-over-year increase, reaching PkR79.6 billion. This growth was driven by a 21% and 2.7 times increase in Urea and DAP offtakes, respectively. The gross margins improved from 32.6% to 35.0%, bolstered by higher prices and a greater proportion of urea in the sales mix.