Home Business Fauji Cement Reports Rs. 3.25 Billion Profit in Three Months

Fauji Cement Reports Rs. 3.25 Billion Profit in Three Months

by Hameed

Fauji Cement Company Limited (FCCL) recently reported a net profit of Rs3.25 billion, or earnings per share (EPS) of Rs1.32, for the quarter ending September 2024. This marks a 24.2% increase in profits compared to the same period last year. On Friday, FCCL’s shares rose by nearly 7% during intraday trading, reflecting investor confidence in the company’s performance.

The company’s revenue grew by 13.0%, reaching Rs22.96 billion, up from Rs20.31 billion last year. FCCL also saw a notable rise in its gross profit, which increased by 24.7% to Rs7.88 billion for the first quarter of the 2025 fiscal year.

An improvement in gross margins was another highlight, rising to 34.3% from 31.1% in the same quarter last year. This growth is attributed to stronger domestic sales, stable selling prices, and the company’s effective cost management strategies.

These results suggest that FCCL’s focus on domestic market expansion, along with efficient cost optimization, has contributed to its strong financial performance. The company’s steady revenue growth and increased profitability reflect a successful strategy in a competitive industry, which could continue to boost investor interest in FCCL’s stock.

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