Dhaka, Nov. 13 -- Walton Hi-Tech Industries secured a remarkable 48 per cent year-on-year growth in profit to Tk 2.21 billion in the first quarter of FY26, driven by higher sales and lower finance costs.

Higher sales and significantly lower finance costs, largely due to lower impact from the currency devaluation after partial repayment of debts helped secure a healthy profit growth, said the company in its earnings note.

The company's sales grew more than 19 per cent year-on-year to Tk 14.51 billion, while finance costs dropped sharply by 65 per cent year-on-year to Tk 381 million in the quarter to September.

Finance costs were reduced by cutting short-term debts to Tk 12.15 billion in September this year from Tk 17.88 billion in June ...