Pakistan’s cement sector delivered a strong opening to fiscal year 2026, with combined earnings rising 55 percent year over year and 20 percent quarter over quarter to Rs37.5 billion, according to industry figures compiled by Topline Research. The performance was supported by higher dispatches and a reduction in fuel expenses, although profitability varied among leading companies.
Net sales for the cement sector reached Rs181.7 billion in the first quarter of FY26, marking an increase of 15 percent year over year and 6 percent quarter over quarter. The rise in revenue was driven by growth in both domestic and export dispatches.
Removing the impact of Lucky Cement Ltd. from the calculation, sector profitability dropped 10 percent quarter over quarter to Rs23 billion, indicating that LUCK’s strong financial results played a major role in lifting overall earnings.
Domestic cement dispatches improved 14 percent year over year and 3 percent quarter over quarter to 9.6 million tons in the quarter. Export volumes rose 21 percent year over year but declined 3 percent quarter over quarter to 2.6 million tons.
Average retail prices in the north slipped 2 percent quarter over quarter to Rs1,382 per bag, while southern region prices increased 3 percent to Rs1,449 per bag.