Amreli Steels swings to Rs548m profit in FY26
The Amreli Steels Limited (PSX: ASTL) swung to a net profit of Rs547.92m for the year ended June 30, 2026, reversing a loss of Rs3.81bn recorded in the corresponding period last year a complete earnings turnaround driven by an exceptional gain on debt restructuring and a substantial reduction in finance costs. Showing this sharp recovery, the company's basic and diluted earnings per share (EPS) swung to Rs1.69 from a loss per share of Rs12.83 in FY25. The top-line showed strong growth, with net sales rising 33% year-on-year to Rs21.34bn from Rs16.08bn in the prior year.