CIC Holdings Posts Robust 1HFY26 Performance Driven by Key Sectors š
Diversified conglomerate CIC Holdings PLC reported strong top and bottom-line growth for the first half of FY26, underpinned by margin recovery and operational efficiency. ⢠Financial Highlights (YoY Growth): ⢠Consolidated Revenue reached Rs. 41.6 Billion (Bn), a solid increase of 7.2%. ⢠Profit After Tax (PAT) rose to Rs. 3.25 Bn, marking an impressive growth of 14.7%. ⢠Operating Profit (EBIT) strengthened to Rs. 5.7 Bn, recording 18.6% YoY growth. ⢠Gross Profit margin stood at ~27%, with total gross profit rising 11.68% YoY to Rs. 11.2 Bn. ⢠Sectoral Performance (Segmental Profit Growth): ⢠Crop Solutions (largest contributor at ~40% of revenue) recorded a segmental profit of Rs. 2.11 Bn, up 16% YoY, despite cost pressures from a delayed Maha season. ⢠Health & Personal Care delivered the sharpest profit growth, increasing 33% YoY to Rs. 1.30 Bn. ⢠Livestock Solutions also showed significant growth, with segmental profit soaring 32% YoY to Rs. 1.16 Bn. ⢠The Group's five core business sectors collectively generated Rs. 5.40 Bn in segmental operating profit (up 16% YoY), demonstrating broad-based resilience. ⢠Balance Sheet: Total assets reached Rs. 98.6 Bn, positioning the Group close to the Rs. 100 Bn milestone. EPS improved 12% YoY (pre-split) to Rs. 6.86.