In a challenging macroeconomic environment marked by elevated inflation, revenue experienced a moderate decline of 6%. Profit after tax reached BDT 112 crore, a 19% contraction driven by rising energy costs and rising inflation from the West Asia crisis. Despite external headwinds, a steadfast focus on operational efficiency and strict cost discipline allowed the company to maintain its industry-leading margins, a press release said.
Iqbal Chowdhury, CEO of the company said: “Despite a challenging landscape defined by persistent inflation and higher energy costs, we remain committed to resilience through innovation and operational excellence. While these macroeconomic headwinds have pressured our margins, our specialized product portfolio -including Water Protect and Fair Face – continued its strong performance, reinforcing our market leadership and consumer trust.
We commenced the year by strategically diversifying our portfolio with the launch of Holcim Coastal Guard and Powercrete, specialized solutions engineered to meet the unique demands of coastal environments and the ready-mix segment. These additions are expected to serve as key performance drivers in the coming quarters. Simultaneously, our sustainability efforts through Geocycle have yielded significant results, co-processing around 12,000 tons of non-recyclable resources and achieving 13% fossil fuel replacement with alternative fuels to drive both environmental stewardship and operational efficiency. To navigate current market volatility, we have proactively implemented rigorous cost-efficiency measures and strategic pricing reviews. By balancing this commitment to innovation with operational efficiency, we are well-positioned to catalyze improved performance and maintain sustained momentum.”
Business Performance:
Particulars Q1 2026 Q1 2025 Change (%) Net Sales mBDT 8,038 8,515 -6%
Operating EBIT mBDT 1,233 1,777 -31% Operating EBIT Margin % 15% 21% Profit After tax mBDT 1,122 1,391 -19% Profit After tax margin % 14% 16% Earnings per Share (EPS) BDT 0.97 1.20 -19%
Net sales decreased by 6% to 8,038 mBDT compared to 8,515 mBDT in Q1, 2025. Operating EBIT reached 1,233 mBDT, 31% less than the same quarter of the last year. Earnings per Share (EPS) declined by 19% to BDT 0.97 from BDT 1.20 in Q1, 2025.
