NICL's profit doubles to Rs2bn, declares 20% dividend
MG News | September 16, 2025 at 03:53 PM GMT+05:00
September 16, 2025 (MLN): Nimir Industrial Chemicals Limited (PSX: NICL) has informed its financial results for the year ended June 30, 2025, reporting a remarkable surge in profitability, with profit after tax more than doubling.
The company's profit after tax reached Rs 2.02
billion, a significant increase of 101.69% compared to the Rs1.00bn
recorded in the previous year.
This strong performance was also showed in the earnings
per share (EPS), which rose to Rs 18.29, marking a substantial increase of 101.65%
from Rs 9.07 in the last fiscal year.
The impressive financial results were supported by robust
revenue growth. The net revenue from contracts with customers grew to Rs45.26bn,
up 7.94% from Rs41.93bn in the fiscal year 2024.
This growth, coupled with a notable reduction in financial
expenditures, underpinned the company's strong bottom line.
A key factor contributing to the rise in profitability was a
significant decrease in finance costs, which fell by 33.42% to Rs2.53bn
from Rs3.80bn.
Despite a sharp increase of 198.52% in other expenses
to Rs458.86m, the company's operating profit still saw an increase of 5.92%,
reaching Rs5.40bn.
Following the stellar results, the company's board of
directors recommended a final cash dividend of 20% (i.e., Rs 2.0 per
share). No bonus or right shares were declared.
|
STATEMENT OF PROFIT OR
LOSS FOR THE YEAR ENDED JUNE 30, 2025(Rs.000) |
|||
|
Descriptions |
2025 |
2024 |
Change% |
|
Revenue from contracts
with customers - Gross |
53,163,090,725 |
49,308,211,799 |
7.82% |
|
Less: Sales tax and
trade discounts |
(7,907,601,066) |
(7,382,854,925) |
7.11% |
|
Revenue from contracts
with customers - Net |
45,255,489,659 |
41,925,356,874 |
7.94% |
|
Cost of revenue |
(38,565,317,428) |
(35,747,348,048) |
7.88% |
|
Gross profit |
6,690,172,231 |
6,178,008,826 |
8.29% |
|
Distribution cost |
(588,845,615) |
(500,584,120) |
17.63% |
|
Administrative expense |
(701,785,654) |
(579,540,257) |
21.09% |
|
Operating profit |
5,399,540,962 |
5,097,884,449 |
5.92% |
|
Other expense |
(458,863,133) |
(153,712,949) |
198.52% |
|
Other income |
327,339,162 |
304,582,631 |
7.47% |
|
Finance cost |
(2,527,409,354) |
(3,795,851,002) |
-33.42% |
|
Profit before income tax
and levy |
2,740,607,637 |
1,452,903,129 |
88.63% |
|
Levy |
(624,935,165) |
(268,284,529) |
132.94% |
|
Profit before income tax |
2,115,672,472 |
1,184,618,600 |
78.60% |
|
Taxation |
(92,988,591) |
(181,744,041) |
-48.84% |
|
Profit after income tax |
2,022,683,881 |
1,002,874,559 |
101.69% |
|
Earning per share -
Basic and diluted |
18.29 |
9.07 |
101.65% |
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