Karachi: Fauji Cement Company Ltd. (FCCL) has reported a 38% year-on-year increase in profits for the fourth quarter of the fiscal year 2026, achieving earnings of PkR5.4 billion, or PkR2.2 per share, surpassing market expectations due to higher-than-anticipated gross margins. The company also announced a cash dividend of PkR1.5 per share, representing a 23% payout.

According to AKD Securities Limited, FCCL's revenue climbed by 10% year-on-year to PkR23.9 billion, up from PkR21.8 billion in the same period last year. This growth was primarily driven by an 8% year-on-year increase in retention prices and a rise in local sales. The company's local sales rose by 15% year-on-year to 1.36 million tons during the quarter, although total sales decreased by 2% year-on-year due to the absence of exports caused by the Afghan border closure. Despite a reduction in gross margins to 37.6% from 39.1% in the same period last year, mainly due to higher coal prices, the company exceeded profit expectations.