Lucky Cement Limited plans to increase its cement production capacity in Pakistan and the Democratic Republic of Congo as it prepares for higher demand and seeks to expand its international business.

According to the company’s corporate briefing for the first quarter of fiscal year 2027, Lucky Cement plans to add 3.2 million tons per year of production capacity at its Karachi plant. The expansion is expected to begin commercial operations in December 2027.

In Congo, the company plans to increase capacity at its integrated cement facility by 1.6 million tons annually. Construction mobilization began in early second quarter of fiscal year 2028, with completion expected within 18 months of the start of work.

The company expects the Karachi project to support domestic and export sales, while the Congo expansion will strengthen its presence in international markets.

Lucky Cement Expands Solar and Wind Power

Lucky Cement is also investing in renewable energy to increase its power generation capacity.

The company plans to install an additional 15 megawatts of solar power at its Pezu plant, alongside a 15MW battery energy storage system. The solar addition will take its total installed solar capacity to 104.3MW.

It is also installing wind turbines with a combined capacity of 22.5MW. Once commissioned, expected in the second quarter of FY28, total installed wind capacity will reach 51.3MW.

Following these additions, Lucky Cement’s overall renewable energy capacity is expected to reach 221.6MW.

Domestic Cement Sales Increase 13%

Lucky Cement’s domestic sales rose 13 percent to 1.8 million tons in the first quarter of FY27, compared with 1.6 million tons in the same period last year.

Its share of the domestic market increased to 16.8 percent from 16.1 percent.

Export volumes fell 1.9 percent to 0.81 million tons from 0.83 million tons. However, the company’s share of the export market increased to 35.2 percent from 31.9 percent.

Standalone Profit Rises, Consolidated Earnings Fall

Lucky Cement’s standalone revenue increased 21 percent year-on-year to Rs. 41.1 billion in the first quarter of FY27, up from Rs. 33.9 billion.

Gross profit rose 14 percent to Rs. 15.1 billion, while operating profit increased 12 percent to Rs. 11.8 billion. Profit after tax climbed 17 percent to Rs. 17.1 billion from Rs. 14.6 billion.

At the consolidated level, revenue grew 5 percent to Rs. 131.9 billion, while gross profit increased 3 percent to Rs. 34 billion.

Operating profit declined 0.7 percent to Rs. 26.6 billion. Consolidated profit after tax fell 4 percent to Rs. 22.6 billion from Rs. 23.6 billion a year earlier.

The company described Pakistan’s economic outlook as cautiously positive, citing improved macroeconomic stability, economic reforms and stronger external indicators. However, it warned that fiscal pressures, structural weaknesses and geopolitical risks could weigh on sustainable economic growth.