Pakistan Cables Ltd (PCAL) reported earnings of PKR 166 million (EPS: PKR 3.1) in FY26, reversing a net loss of PKR 281 million (LPS: PKR 5.2) in the previous year, according to AKD Research.

The company’s topline rose 16.2% year-on-year to PKR 33.8 billion, supported by volumetric growth. Gross profit increased 16% to PKR 3.5 billion, while gross margin remained steady at 10.4%. Profitability was further boosted by PKR 420 million in share of profit from associate Chinoy Engineering & Construction Ltd (CECL), enabling the turnaround.

Analysts noted that improved volumes and associate contributions drove PCAL’s return to profitability.