NICL's profit doubles to Rs2bn, declares 20% dividend

MG News | September 16, 2025 at 03:53 PM GMT+05:00

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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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