October 24, 2025 (MLN): Murree Brewery Company Limited (PSX: MUREB) reported a profit after tax of Rs960.4m for the quarter ended September 30, 2025, up 5.1% from Rs913.9m in the corresponding quarter last year.
Earnings per share increased 5.1% to Rs34.72 compared to Rs33.03 in SPLY.
The company also declared Rs5 per share dividend.
Net turnover rose 13.6% year-on-year to Rs8.07bn from Rs7.10bn, demonstrating solid demand during the quarter. Cost of sales increased 14.4% to Rs5.93bn from Rs5.19bn.
Gross profit grew 11.5% to Rs2.14bn against Rs1.92bn in SPLY, with the gross margin declining marginally to 26.5% from 27% in the prior year quarter.
Selling and distribution expenses rose 4.5% to Rs441.1m, while administrative expenses increased 2.7% to Rs209.7m. Other expenses declined 2.7% to Rs111.8m. Other income increased 25.3% to Rs26.8m from Rs21.4m last year.
The company recorded an operating profit of Rs1.4bn, up 17.2% from Rs1.20bn in SPLY.
Finance costs declined 50.5% to Rs1m from Rs2.1m in the previous year. Finance income decreased 43.1% to Rs172.0m from Rs302.3m last year.
Profit before income tax and final taxes stood at Rs1.57bn, up 5.1% from Rs1.5bn in SPLY. Final taxes/levies increased marginally by 1.2% to Rs340 thousand from Rs336 thousand.
Profit before income tax rose 5.1% to Rs1.57bn from Rs1.50bn in the prior period.
Income tax expense increased 5.1% to Rs613.7m from Rs583.9m in SPLY.
The company concluded with a net profit of Rs960.4m, delivering a net profit margin of 11.9% compared to 12.9% in SPLY.
The profit growth was driven by strong revenue expansion and improved operating profit, though partially offset by significantly lower finance income and margin compression.
|
STATEMENT OF PROFIT OR LOSS FOR THE QUARTER ENDED SEPTEMBER 30, 2025 (Rs.000) |
|||
|
Description |
3MFY25 |
3MFY24 |
change% |
|
NET TURNOVER |
8,071,583 |
7,103,993 |
13.6% |
|
COST OF SALES |
(5,932,323) |
(5,185,995) |
14.4% |
|
GROSS PROFIT |
2,139,260 |
1,917,998 |
11.5% |
|
Selling and distribution expenses |
(441,148) |
(422,348) |
4.5% |
|
Administrative expenses |
(209,677) |
(204,197) |
2.7% |
|
Other expenses |
(111,846) |
(114,906) |
-2.7% |
|
Other income |
26,812 |
21,403 |
25.3% |
|
Operating profit |
1,403,401 |
1,197,950 |
17.2% |
|
Finance costs |
(1,040) |
(2,102) |
-50.5% |
|
Finance income |
171,997 |
302,284 |
-43.1% |
|
Net finance income / (cost) |
170,957 |
300,182 |
-43.0% |
|
Profit before income tax and final taxes |
1,574,358 |
1,498,132 |
5.1% |
|
Final taxes - levies |
(340) |
(336) |
1.2% |
|
Profit before income tax |
1,574,018 |
1,497,796 |
5.1% |
|
Income tax expense |
(613,660) |
(583,935) |
5.1% |
|
Profit for the period |
960,359 |
913,860 |
5.1% |
|
Earning per share |
34.72 |
33.03 |
5.1% |