NASCON Allied Industries Q3 2026 Unaudited Results

NASCON Allied Industries Plc reported revenue of ₦116.9 billion for the nine months ended 30 September 2026, broadly flat compared to ₦117.3 billion in the same period of 2025. Gross profit rose 4% to ₦59.4 billion, lifting the gross margin to 51% from 49% in the prior year period. Cost of sales fell 4% to ₦57.5 billion, contributing to the margin improvement.

EBITDA grew 9% to ₦40.1 billion, with an EBITDA margin of 34% against 31% previously. Finance income more than doubled, rising 109% to ₦8.3 billion, helping push profit before tax up 19% to ₦43.5 billion. Profit after tax increased 18% to ₦28.7 billion, with earnings per share at ₦14.16.

On the balance sheet, cash and cash equivalents rose 47% to ₦62.3 billion. Total equity grew 35% to ₦83.7 billion, while total assets reached ₦157.6 billion, up 40%. Current liabilities climbed 60% to ₦66.1 billion. Property, plant and equipment expanded 158% to ₦31.1 billion compared to the prior year period. Net cash from operating activities was ₦32.1 billion for the period.