Engro Holdings' 9MCY25 profit rises to Rs86bn

October 30, 2025 (MLN): Engro Holdings Limited (PSX: ENGROH) reported a profit after tax of Rs86.15bn for the nine months ended September 30, 2025, surging from Rs24.33bn in the corresponding period last year.

Earnings per share increased 2.6 times to Rs34.89 compared to Rs13.21 in 9MCY24.

Revenue increased 7% year-on-year to Rs406.85bn from Rs380.55bn, demonstrating steady growth during the period. Cost of revenue rose 12% to Rs308.23bn from Rs276bn.

Gross profit declined 6% to Rs98.62bn against Rs104.55bn in 9MCY24, with the gross margin contracting to 24.2% from 27.5% in the prior year period, reflecting higher input costs relative to revenue growth.

Selling and distribution expenses increased 10% to Rs10.59bn from Rs9.66bn, while administrative expenses surged 54% to Rs16.80bn from Rs10.91bn. Other income declined 39% to Rs11.41bn from Rs18.60bn last year. Other operating expenses decreased 5% to Rs4.15bn from Rs4.37bn.

The company recorded an operating profit of Rs138.96bn, up 2 times from Rs68.89bn in 9MCY24.

Finance costs increased 9% to Rs30.91bn from Rs28.24bn in the previous year.

Share of income from joint venture and associates increased 14% to Rs6.11bn from Rs5.39bn last year.

Profit before income tax, minimum tax and final tax stood at Rs114.16bn, up 2.4 times from Rs46.04bn in 9MCY24. Minimum tax and final tax increased 2.8 times to Rs5.59bn from Rs3.29bn.

Taxation increased 22% to Rs22.15bn from Rs18.14bn in the prior period.

Profit from continuing operations surged 3.5 times to Rs86.43bn from Rs24.62bn in 9MCY24.

The company reported a loss from discontinued operations of Rs273.9m compared to Rs291.0m in the prior period, declining by 6%.

The company concluded 9MCY25 with a net profit of Rs86.15bn.

The exceptional profit growth was driven by significant positive adjustments and remeasurement gains on the carrying value of thermal assets totaling Rs60.28bn, compared to combined losses of Rs30.01bn in the prior year, which more than offset margin compression and higher administrative expenses, marking a substantial improvement in overall financial performance.

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