October 23, 2025 (MLN): Agritech Limited (PSX: AGL) has successfully achieved a monumental financial turnaround, reporting a consolidated profit after taxation (PAT) of Rs2.20 billion for the nine months ended September 30, 2025. This contrasts sharply with the substantial loss of Rs2.08bn reported in the same period last year.
The company's performance was underpinned by robust top-line growth and a massive surge in non-core income, effectively offsetting challenging operational cost increases.
Net Sales grew by 24.23% to Rs23.63bn, up from Rs19.02bn in 9M/FY24. This volume translated into a Gross Profit of Rs3.94bn, a rise of 16.30%.
The biggest factor driving the profit swing was a 441.32% increase in Other Income, which soared to Rs5.02bn from Rs926.77 million. Furthermore, the company realized significant financial relief as Finance Costs dropped by 40.67% to Rs3.07bn.
However, the period was marked by extremely high expense growth in some areas. Selling and Distribution expenses ballooned by 176.95%, while "Other expenses" saw an astronomical surge of over 13,800%, demanding close scrutiny. The substantial decline in these expenses, coupled with reduced taxation, ultimately cemented the net profit for the period.
The Profit per Share (EPS) showed this turnaround, standing at Rs 4.25, compared to a loss per share of Rs (4.91) in the preceding year.
|
Statement of Profit and Loss for the Nine Month ended September 30, 2025 (Rs.) |
|||
|
Description |
2025 |
2024 |
Change% |
|
Sales - Net |
23,625,634,242 |
19,018,319,338 |
24.23% |
|
Cost of sales |
(19,686,599,700) |
(15,631,436,943) |
25.94% |
|
Gross profit |
3,939,034,542 |
3,386,882,395 |
16.30% |
|
Selling and distribution expenses |
(1,824,246,119) |
(658,683,806) |
176.95% |
|
Administrative and general expenses |
(702,215,510) |
(651,278,829) |
7.82% |
|
Other expenses |
(516,868,996) |
(3,718,386) |
13800.36% |
|
Other income |
5,016,830,810 |
926,773,148 |
441.32% |
|
Operating profit |
5,912,534,727 |
2,999,974,522 |
97.09% |
|
Finance cost |
(3,069,832,670) |
(5,174,374,399) |
-40.67% |
|
Profit / (Loss) before final & minimum taxes |
2,842,702,057 |
(2,174,399,877) |
|
|
Final and Minimum Tax |
(894,827,290) |
(318,562,209) |
180.90% |
|
Profit / (Loss) before taxation |
1,947,874,767 |
(2,492,962,086) |
|
|
Taxation |
253,049,379 |
408,003,835 |
-37.98% |
|
Profit / (Loss) after taxation |
2,200,924,146 |
(2,084,958,251) |
|
|
Profit / (Loss) per share - basic |
4.25 |
(4.91) |
|