October 30, 2025 (MLN): Symmetry Group Limited (PSX: SYM) reported a profit after tax of Rs47m for the quarter ended September 30, 2025, representing a solid 13.69% increase from Rs41.3m in the corresponding period last year.
Earning per share stood at Rs0.16 compared to Rs0.14 in SPLY, reflecting a 14.29% improvement in shareholder returns.
Revenue (net sales) grew 5.14% year-on-year to Rs188.4m from Rs179.2m, demonstrating healthy top-line expansion during the period. Cost of services increased 13.95% to Rs76.6m from Rs67.2m.
Gross profit remained relatively flat, declining marginally by 0.15% to Rs111.8m against Rs112m, with the gross margin compressing to 59.3% from 62.5% in the prior year, indicating moderate pressure from rising service delivery costs despite revenue growth.
Administrative and selling expenses increased 17.35% to Rs62.8m from Rs53.5m. Other income surged significantly by 292.43% to Rs9.83m from Rs2.5m last year, providing substantial support to profitability.
Finance costs declined 33.05% to Rs7.12m from Rs10.64m in the previous year, providing meaningful relief to the bottom line.
Operating profit declined 16.17% to Rs49m from Rs58.5m, reflecting the impact of higher operating expenses.
Profit before levies and taxation increased 17.76% to Rs51.7m from Rs50.3m. Taxation (net) fell sharply by 47.28% to Rs4.76m from Rs9.02m in SPLY.
The company concluded 1QFY26 with a profit for the period of Rs47m, delivering a net profit margin of 24.9% compared to 23.1% in 1QFY25.
The profit growth was driven by solid 5.14% revenue expansion, a substantial 292% surge in other income, a 33% reduction in finance costs, and a significant 47% decrease in taxation, which more than offset the impact of a 17% increase in administrative and selling expenses and modest gross margin compression, marking an improvement in overall financial performance despite operational cost pressures.
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STATEMENT OF PROFIT OR LOSS FOR THE QUARTER ENDED SEPTEMBER 30, 2025 (Rs.) |
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|
Description |
2025 |
2024 |
Change% |
|
Revenue - net (Net Sales) |
188,383,013 |
179,177,457 |
5.14% |
|
Cost of services |
(76,585,545) |
(67,210,815) |
13.95% |
|
Gross profit |
111,797,468 |
111,966,642 |
-0.15% |
|
Administrative and selling expenses |
(62,785,538) |
(53,502,459) |
17.35% |
|
Operating profit |
49,011,930 |
58,464,183 |
-16.17% |
|
Other income / (expense) - net |
9,826,463 |
2,504,009 |
292.43% |
|
Finance costs |
(7,124,356) |
(10,641,985) |
-33.05% |
|
Profit before levies and taxation |
51,714,037 |
50,326,207 |
2.76% |
|
Taxation - net |
(4,757,317) |
(9,023,479) |
-47.28% |
|
Profit after taxation |
46,956,720 |
41,302,728 |
13.69% |
|
- Equity holders of the parent |
46,152,293 |
41,262,301 |
11.85% |
|
- Non-controlling interest |
804,427 |
40,427 |
1889.83% |
|
Earning per share - basic and diluted |
0.16 |
0.14 |
14.29% |