Pakistan Tobacco delivers Rs20/share dividend

October 24, 2025 (MLN): Pakistan Tobacco Company Limited (PSX: PAKT) reported a profit after tax of Rs24.52bn for the nine months ended September 30, 2025, up 23.1% from Rs19.91bn in the corresponding period last year.

Earnings per share increased 23.1% to Rs95.96 compared to Rs77.95 in 9MFY24.

The company declared dividend at Rs20 per share.

Domestic turnover rose 3% year-on-year to Rs263.09bn from Rs255.54bn, while export turnover surged 71.6% to Rs11.80bn from Rs6.88bn, driving overall revenue growth.

Gross turnover increased 4.8% to Rs274.89bn from Rs262.42bn.

Excise duties declined 2.7% to Rs130.28bn from Rs133.87bn, while sales tax rose 4.0% to Rs42.06bn from Rs40.43bn.

Net turnover grew 16.4% to Rs102.55bn from Rs88.12bn in 9MFY24. Cost of sales increased 8.8% to Rs50.13bn from Rs46.06bn.

Gross profit surged 24.6% to Rs52.42bn against Rs42.06bn in 9MFY24, with the gross margin improving significantly to 51.1% from 47.7% in the prior year period, indicating strong operational efficiency and pricing power.

Selling and distribution costs declined 1.9% to Rs5.01bn, while administrative expenses rose 7.1% to Rs4.17bn. Other expenses increased 33.2% to Rs3.12bn from Rs2.34bn last year. Other income surged 2.5 times to Rs332.9m from Rs135.0m in 9MFY24.

Total expenses and income (net) increased 6.8% to Rs11.96bn from Rs11.20bn last year.

The company recorded an operating profit of Rs40.46bn, up 31.1% from Rs30.86bn in 9MFY24.

Finance income declined 71.4% to Rs1.69bn from Rs5.90bn in the previous year. Finance costs decreased 48.4% to Rs590.8m from Rs1.15bn last year.

Net finance income dropped 77% to Rs1.09bn from Rs4.75bn in 9MFY24.

Profit before income tax stood at Rs41.56bn, up 16.7% from Rs35.62bn in 9MFY24.

Income tax expense increased 8.5% to Rs17.04bn from Rs15.70bn in the prior period.

The company concluded 9MFY25 with a net profit of Rs24.52bn, delivering a net profit margin of 23.9% compared to 22.6% in 9MFY24.

The strong profit growth was driven by robust export performance, improved gross margins, and enhanced operating efficiency, though partially offset by significantly lower net finance income.

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