October 22, 2025 (MLN): Ghandhara Industries Limited (PSX: GHNI) reported a profit after tax of Rs1.58bn for the period ended September 30, 2025, surging 2.5 times from Rs638.6m in the corresponding period last year.
Earnings per share jumped 2.5 times to Rs36.98 compared to Rs14.99.
Net sales nearly doubled, increasing 97% YoY to Rs11.92bn from Rs6.05bn, reflecting exceptionally strong demand during the quarter. Cost of sales rose 94% to Rs9.08bn from Rs4.68bn.
Gross profit more than doubled, increasing 2.1 times to Rs2.85bn against Rs1.37bn in 3QFY24, with the gross margin improving to 23.9% from 22.7% in the prior year quarter, indicating operating leverage benefits from higher volumes.
Distribution expenses rose 16.7% to Rs314.5m, while administrative expenses declined marginally by 2.1% to Rs115m. Other expenses surged 2.2 times to Rs169.6m. Other income increased 2.4 times to Rs274.4m from Rs113.5m last year.
The company recorded a profit from operations of Rs2.52bn, up 2.5 times from Rs1.02bn.
Finance costs dropped significantly by 70.7% to Rs10m from Rs34m in the previous year.
Profit before income taxation, revenue and final taxes stood at Rs2.51bn, up 2.5 times from Rs990.8m. Final taxes increased 6.6 times to Rs6.9m, while profit before income taxation surged 2.5 times to Rs2.51bn.
Taxation increased 2.6 times to Rs930.3m from Rs351.3m in the prior period.
The company concluded with a net profit of Rs1.58bn, delivering a net profit margin of 13.2% compared to 10.6%in SPLY. The exceptional profit growth was driven by robust sales expansion, improved gross margins, and substantially lower finance costs.
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STATEMENT OF PROFIT OR LOSS FOR THE PERIOD ENDED SEPTEMBER 30, 2025 (Rs.000) |
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|
Description |
3MFY25 |
3MFY24 |
change% |
|
Sales - net |
11,924,375 |
6,052,712 |
97.0% |
|
Cost of sales |
(9,076,652) |
(4,678,786) |
94.0% |
|
Gross profit |
2,847,723 |
1,373,926 |
107.3% |
|
Distribution expenses |
(314,475) |
(269,510) |
16.7% |
|
Administrative expenses |
(114,987) |
(117,492) |
-2.1% |
|
Other expenses |
(169,613) |
(75,633) |
124.3% |
|
Other income |
274,374 |
113,452 |
141.8% |
|
Profit from operations |
2,523,022 |
1,024,743 |
146.2% |
|
Finance cost |
(9,962) |
(33,963) |
-70.7% |
|
Profit before income taxation, revenue and final taxes |
2,513,060 |
990,780 |
153.6% |
|
Final taxes |
(6,899) |
(903) |
664.0% |
|
Profit before income taxation |
2,506,161 |
989,877 |
153.2% |
|
Taxation |
(930,324) |
(351,273) |
164.8% |
|
Profit after taxation |
1,575,837 |
638,604 |
146.8% |
|
Earning per share |
36.98 |
14.99 |
146.7% |