BSRM Steels more than doubled its net profit in the July-September quarter of 2026, as revenue rose 13 per cent year-on-year, according to the company’s unaudited financial statements approved by its board on Wednesday.
The steelmaker reported net profit after tax of Tk210.41 crore for the first quarter, up from Tk97.62 crore in the same period a year earlier.
Quarterly earnings per share (EPS) increased to Tk5.60 from Tk2.60, a rise of 116 per cent.
Revenue grew to Tk2,969.34 crore from Tk2,637.57 crore during the quarter.
Net operating cash flow per share also increased to Tk7.92 from Tk5.24.
The company’s net asset value stood at Tk4,182.33 crore on 30 September, compared with Tk3,998.74 crore on 30 June. NAV per share rose to Tk111.25 from Tk106.36 over the same period.
The latest quarterly results follow a stronger annual performance.
For the financial year ended 30 June 2026, BSRM Steels reported EPS of Tk19.03, up from Tk13.77 in the previous year.
The board had recommended a 60 per cent cash dividend for FY2026. The company’s annual general meeting is scheduled for 17 December at 10:30 am through a digital platform.
Share trading will remain suspended on 15 November, the record date for the dividend.
