Tokyo Cement post turnover of Rs. 16, 322 Mn. for FY25/26 Q2

Tokyo Cement Group (Tokyo Cement) reported a turnover of Rs. 16,322 million and a Profit After Tax (PAT) of Rs. 1,003 million for the second Quarter ending 30th September 2025, compared to a turnover of Rs. 13,833 million and a PAT of Rs. 1,082 million, in the same period last year. Whilst volume growth remained stable quarter-on-quarter, profit margins contracted with the capitalisation of the Trincomalee expansion projects.

The quarter started with renewed optimism, highlighting a sustained boom in construction activities. Manufacturers and suppliers of construction materials reported continued volume growth, supported by a stable pricing environment, which further propelled sectoral performance.

Reflecting the industry’s steady recovery, September recorded the highest sales volumes in cement sales since the onset of the 2022 economic crisis. Another key enabler of this growth was the notably lesser rainfall experienced in 2025 compared to the previous two years, which allowed construction sites to operate relatively uninterrupted.

Lower interest rates and improved macroeconomic stability spurred a significant expansion in private sector credit, driving increased investment activity across both construction and real estate sectors.

Tokyo Cement maintains its conservative short- to medium-term outlook but remains confident in the country’s economic fundamentals. The Group is well positioned to capture the anticipated growth in demand arising from renewed development activity with a robust production capacity.