Fauji Fertilizer Company Limited (FFC) has reported a solid net profit of Rs 41.8 billion for the first half of 2026. This works out to earnings per share of Rs 29.1.
In the second quarter alone, the company earned Rs 24.4 billion, or Rs 16.93 per share. It also announced a cash dividend of Rs 14.50 per share for the quarter. This is higher than the Rs 8.50 paid in the previous quarter. Total interim dividends for the year so far now stand at Rs 23 per share.
Net sales in the second quarter rose 14 percent from last year to reach Rs 104.3 billion. Stronger demand for urea helped the growth. Prilled urea sales jumped 42 percent, while granular urea volumes increased 17 percent. FFC’s average urea market share also improved to 55 percent in June 2026, up from 47 percent a year earlier.
However, sales of Sona DAP fell 35 percent because of high prices. The company raised urea prices by Rs 100 per bag in April after ending some discounts. Better margins on DAP and higher international prices also supported results. Gross margin stood at 33.1 percent in the quarter.
Other income rose sharply to Rs 17.6 billion. This included dividends from Askari Bank and returns from investments in power and other businesses. Finance costs increased because the company took more loans to fund investments.
Overall, FFC continues to show steady performance driven by urea demand, market share gains, and income from its wider investments.