{"url":"https://newsforagent.com/news/2026-10-25/beco-steel-profit-sales-2026","markdown_url":"https://newsforagent.com/news/2026-10-25/beco-steel-profit-sales-2026.md","title":"Beco Steel Net Profit Jumps 179% to Rs.311 Million","headline":"Beco Steel Posts Record Rs.9.86 Billion Sales as Profit Rises 179% in 2026","description":"Beco Steel reported net sales of Rs.9,860.50 million and net profit of Rs.311.47 million in 2026, and plans a 72,000-ton rebar plant plus a 5 MW solar project.","section":"Earnings & Results","published_at":"2026-10-25T23:40:10+00:00","modified_at":"2026-10-25T23:40:10+00:00","author":"News Desk","key_takeaways":["Beco Steel's net sales rose 32.33% to Rs.9,860.50 million in 2026, with net profit up 179.39% to Rs.311.47 million.","Shareholders' equity increased 9.7% to Rs.3,537.2 million, turning an accumulated loss of Rs.305.3 million into accumulated profit of Rs.6.2 million.","The company plans a rebar plant with annual capacity of 72,000 tons and a 5 MW solar power project.","Bansal Wire Industries reported Q2FY27 net profit of ₹52.9 crore, up 38% year-on-year."],"companies":[{"name":"Beco Steel","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00sjecp/beco-steel","website":"https://becosteel.com"}],"source":{"publisher":"Business Recorder","title":"Beco Steel Limited","url":"https://www.brecorder.com/news/40445895/beco-steel-limited"},"other_sources":[{"publisher":"ScanX","url":"https://scanx.trade/stock-market-news/companies/bansal-wire-q2-results-ebitda-rises-1-04b-rupees-margin-8/54197752"},{"publisher":"Financial Express","url":"https://www.financialexpress.com/business/industry-steel-prices-climb-to-4-year-highs-why-nomura-is-bullish-on-tata-steel-jsw-steel-4360204/"},{"publisher":"CNBCTV18","url":"https://www.cnbctv18.com/market/earnings/rajratan-global-wire-bets-thailand-expansion-drive-global-growth-keeps-volume-guidance-intact-q2-earnings-results-boardroom-20017015.htm"},{"publisher":"Moomoo","url":"https://www.moomoo.com/news/post/1001706383/dalian-heavy-industry-002204-sz-announced-its-financial-results-for"}],"tags":["Earnings & Results","Beco Steel"],"body_markdown":"[Beco Steel](https://akta.pro/company-profiles/00sjecp/beco-steel) Limited reported net sales of Rs.9,860.50 million and net profit of Rs.311.47 million for 2026, increases of 32.33 percent and 179.39 percent respectively, [Business Recorder](https://www.brecorder.com/news/40445895/beco-steel-limited) reported on October 25, 2026. The Pakistan Stock Exchange-listed company, formerly Ravi Textile Mills, is an integrated steel producer making products from scrap and billet to specialty steel.\n\n## Beco Steel's 2026 Profit and Sales Growth\n\nBeco Steel's operating profit margin reached 4.64 percent in 2026, and shareholders' equity rose 9.7 percent to Rs.3,537.2 million. The company said the equity increase came entirely from profit for the year. An accumulated loss of Rs.305.3 million at June 30, 2025 became accumulated profit of Rs.6.2 million, while net current liabilities of Rs.284.2 million turned into net current assets of Rs.79.4 million. The current ratio improved to 1.02 from 0.93.\n\nNet sales growth came from improvement in both local and export sales, with Hong Kong the major export market. Cost of sales escalated by 33.52 percent on higher fuel and power charges and scrap cost, particularly after the onset of tensions in the Middle East. Gross profit ticked up by 10.54 percent, though gross margin dropped to 4.33 percent. Other income of Rs.226.30 million, up 58,394.33 percent year-on-year, followed reversal of a provision against litigation after a tax demand of Rs.224.174 million raised by the Federal Board of Revenue was decided in the company's favor. Finance cost mounted by 156 percent.\n\n## Beco Steel's Ownership and Funding Records\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Beco Steel is a Lahore-based manufacturer of cold-rolled steel tubes, pipes and fabricated steel products, founded in 1962 and operating with 101 to 250 employees. The same records give a revenue estimate of $10 million to $25 million and a valuation estimate of $10 million to $50 million. As of June 30, 2026, the company had 1,249.625 million shares outstanding held by 16,195 shareholders, with directors and sponsors holding 47.52 percent and Chaudhry Steel Re-rolling Mills (Private) Limited holding 21.94 percent.\n\n## Bansal Wire and Rajratan Expansion Plans\n\nBansal Wire Industries reported Q2FY27 net profit of ₹52.9 crore, up 38 percent year-on-year, with EBITDA of ₹105 crore and record sales volume of 1,28,867 MT, [ScanX](https://scanx.trade/stock-market-news/companies/bansal-wire-q2-results-ebitda-rises-1-04b-rupees-margin-8/54197752) reported on October 22, 2026. Rajratan Global Wire reiterated 15-20 percent annual volume growth guidance for the next two years and plans to raise Thailand's capacity to 110,000 tonnes from 60,000, [CNBCTV18](https://www.cnbctv18.com/market/earnings/rajratan-global-wire-bets-thailand-expansion-drive-global-growth-keeps-volume-guidance-intact-q2-earnings-results-boardroom-20017015.htm) reported on October 22, 2026.\n\n## Beco Steel's Rebar Plant and Solar Project\n\nBeco Steel is planning a rebar plant with an annual capacity of 72,000 tons, which is expected to broaden its product portfolio and sales mix, and a 5 MW solar power project intended to help control energy cost once operational. The company is also eyeing international markets to diversify its sales mix, and copper exports offer diversification and growth potential. Higher scrap and energy cost can take a toll on margins and profitability.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}