KARACHI: Lucky Cement Limited reported consolidated earnings of Rs22.62 billion for the second quarter of FY26, translating into earnings per share of Rs15.44, up 6.0 per cent year on year, in line with market expectations, according to Topline Research. The company did not announce any cash dividend, also in line with expectations.
On a consolidated basis, net revenue rose 9.0 per cent year on year to Rs 123.5 billion, remaining largely flat quarter on quarter. Topline Research attributed the annual growth mainly to improved performance from subsidiaries, particularly Lucky Motors, in line with broader auto industry sales trends.
On an unconsolidated basis, net sales declined 2.0 per cent year on year due to lower retention prices, despite domestic cement dispatches rising 9.0 per cent year on year and 8 per cent quarter on quarter in unit terms during the quarter.
Standalone earnings increased 18 per cent year on year but fell 41 per cent quarter on quarter to Rs5.89 per share, largely due to a sharp decline in other income following the absence of dividend income. The company had received a Rs6 billion dividend from Lucky Electric in the previous quarter. Standalone gross margins stood at 36 per cent, compared with 35 per cent a year earlier.
Share of profit from associates increased 4.0 per cent year on year to Rs5.32 billion, while consolidated finance costs declined 29 per cent year on year, reflecting lower debt levels.
