Walton Hi-Tech Industries’ revenue rose 16 per cent in the July-September quarter of 2026, but higher operating expenses limited profit growth.
The electronics giant reported revenue of Tk1,679.43 crore for the first quarter, up from Tk1,451.03 crore in the same period a year earlier.
Net profit after tax increased by 1.7 per cent to Tk224.74 crore from Tk220.89 crore, while earnings per share (EPS) edged up to Tk6.74 from Tk6.63.
Net operating cash flow per share (NOCFPS), however, fell 74 per cent to Tk3.53 from Tk13.45 amid increased payments to suppliers and other operating outflows, according to the company’s unaudited financial statements.
Gross profit grew to Tk542.63 crore from Tk467.91 crore.
However, total operating expenses, including administrative and selling and distribution costs, rose to Tk279.41 crore from Tk207.12 crore.
As a result, operating profit increased only marginally to Tk263.22 crore from Tk260.78 crore.
Finance costs declined to Tk31.44 crore from Tk41.47 crore, while finance income rose to Tk13.05 crore from Tk3.35 crore.
Profit before tax increased to Tk234.43 crore from Tk221.21 crore.
The total income tax expense also rose to Tk9.69 crore from Tk31.37 lakh in the corresponding quarter last year.
The company attributed the decline mainly to a substantial increase in payments to suppliers and other operating outflows.
The company’s net asset value per share, excluding revaluation, rose to Tk287.06 on 30 September 2026 from Tk280.24 on 30 June. Including revaluation, it increased to Tk388.01 from Tk381.26.
The latest quarterly results follow Walton’s annual performance for the financial year ended 30 June 2026.
The company reported an annual EPS of Tk33.75, compared with Tk31.11 a year earlier, while NOCFPS increased to Tk63.72 from Tk52.91.
For FY2026, the company declared a 180 per cent cash dividend and a 10 per cent stock dividend.
