Walton Hi-Tech Industries PLC has reported a profit of Tk642.94 crore for the first nine months of FY2025–26, reflecting resilience in a challenging macroeconomic and cost-pressured environment.
According to unaudited financial statements for July 2025 to March 2026, the company’s net profit declined by Tk53.49 crore compared to the same period last year. The board of directors reviewed and approved the financial results at its 51st meeting held on 29 April.
Despite the profit dip, Walton recorded notable improvements in operational efficiency. Net operating cash flow per share stood at Tk22.32 at the end of the third quarter, a significant turnaround from a negative Tk1.67 in the previous year. The company attributed this improvement to stronger customer collections and tighter liquidity management.
Management emphasized a shift in focus toward internal cash generation rather than dependence on bank borrowing. This approach, combined with disciplined working capital management, helped strengthen overall liquidity despite higher payments to the government.
One of the key pressures during the period came from the doubling of VAT on major product categories such as refrigerators and air conditioners—from 7.5% to 15%. Although this increased the cost burden, Walton chose not to raise product prices, taking consumer purchasing capacity into account.
Earnings per share for the nine-month period stood at Tk19.29, slightly lower than Tk20.90 in the same period last year. Meanwhile, net asset value per share was reported at Tk265.70 excluding revaluation and Tk366.80 including revaluation.
During the period, Walton also adjusted its commercial strategy by restructuring its rebate system and introducing target-based incentives for distributors. The company said these measures are aimed at improving supply chain efficiency and market performance.
Despite external pressures, Walton’s management remains optimistic about sustaining long-term growth, supported by cost control initiatives, financial discipline, and ongoing strategic reforms across its operations.
