Karachi: Fauji Fertilizer Company Ltd. (FFC) announced a significant increase in its earnings for the first quarter of the calendar year 2026, with standalone earnings reaching PkR17.5 billion, marking a 32% rise from the same period last year. This growth was primarily attributed to higher offtakes and increased other income, supported by dividend contributions from TEL.

According to AKD Securities Limited, FFC's urea sales surged by 12% year-on-year in the first quarter to 601,000 tons, despite an overall industry decline of 6%. This growth has expanded FFC's market share to 58%, up from 49% in the same period last year. The company currently holds 13% of the total industry inventory, which equates to 106,000 tons as of March 2026.