BSRM's profit grows for third straight year, up 14.5pc in FY26
Bangladesh, Oct. 16 -- Bangladesh Steel Re-Rolling Mills (BSRM) registered 14.49 per cent year-on-year growth in profit in FY26, extending its growth trajectory for the third consecutive year amid macroeconomic worries.
The drivers of the growth were an unaffected supply of raw materials, timely L/C (letter of credit) opening, lower finance costs, price adjustment and the company's goodwill.
BSRM reported a consolidated profit of Tk 7.03 billion in FY26, up from Tk 6.14 billion in the previous year. The increase in earnings was backed by a 13.77 per cent year-on-year rise in revenue to Tk 109.95 billion in FY26.
The revenue growth indicates improved sales performance and suggests that the company maintained strong demand for its steel...
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