Sazgar's 3MFY25 profit rises nearly 5%

MG News | October 15, 2025 at 03:44 PM GMT+05:00

0:00

October 15, 2025 (MLN): Sazgar Engineering Works Limited (PSX: SAZEW) reported a net profit after tax of Rs4.42bn for the quarter ended September 30, 2025, up 4.7% from Rs4.22bn in the corresponding quarter last year.

Earnings per share increased to Rs73.07 compared to Rs69.77 in 1QFY24.

The company has declared a cash dividend of Rs15 per share for the quarter.

Net sales surged 28.5% YoY to Rs33.82bn from Rs26.33bn, demonstrating robust demand during the quarter. Cost of sales rose 35.2% to Rs25.30bn from Rs18.71bn.

Gross profit increased 11.8% to Rs8.52bn against Rs7.62bn in 1QFY24, with the gross margin contracting to 25.2% from 28.9% in the prior year quarter, depicting higher input costs relative to sales growth.

Distribution and marketing costs remained relatively stable, declining 30% to Rs964.1 million, while administrative expenses increased significantly by 67.9% to Rs206.5m.

Other operating expenses rose 11.1% to Rs542.1m. Total operating expenses climbed 26.8% to Rs1.71bn from Rs1.35bn last year.

The company recorded an operating profit of Rs6.81bn, up 8.6% from Rs6.27bn in 1QFY24.

Other income increased 27.4% to Rs513.7m from Rs403.4m in the previous year. Finance costs surged 37.9% to Rs79.2m from Rs57.5m.

Profit before taxation stood at Rs7.24bn, up 9.5% from Rs6.62bn in 1QFY24. The company reported a levy/final taxation recovery of Rs450,270 in 1QFY24, which was absent in the current quarter.

Taxation increased 17.9% to Rs2.83bn from Rs2.4bn in the prior period.

Net profit from continuing operations rose 4.7% to Rs4.42bn. Notably, 1QFY24 included a net loss after taxation from discontinued operations of Rs20,804, which was absent in 1QFY25.

The company concluded 1QFY25 with a net profit of Rs4.42bn, delivering a net profit margin of 13.1% compared to 16% in 1QFY24.

STATEMENT OF PROFIT OR LOSS FOR THE QUARTER ENDED SEPTEMBER 30, 2025 (Rs.)
Description	3MFY25	3MFY24	change%
Sales - net	33,824,586,046	26,331,994,025	28.5%
Cost of sales	(25,303,158,669)	(18,711,356,826)	35.2%
Gross profit	8,521,427,377	7,620,637,199	11.8%
Distribution and marketing costs	(964,061,415)	(740,040,243)	30.3%
Administrative expenses	(206,482,500)	(122,982,682)	67.9%
Other operating expenses	(542,134,823)	(488,034,673)	11.1%
Total Operating Expenses	(1,712,678,738)	(1,351,057,598)	26.8%
Operating Profit	6,808,748,639	6,269,579,601	8.6%
Other income	513,724,814	403,388,762	27.4%
Finance cost	(79,225,740)	(57,455,177)	37.9%
Profit before Levy and Taxation	7,243,247,713	6,615,513,186	9.5%
Levy / final taxation	-	(450,270)
Profit before Taxation	7,243,247,713	6,615,062,916	9.5%
Taxation	(2,826,235,320)	(2,397,588,835)	17.9%
Net Profit after taxation for the period from continuing operations	4,417,012,393	4,217,474,081	4.7%
Net loss after taxation for the period from discontinued operations	-	(20,804)
Net profit for the period	4,417,012,393	4,217,453,277	4.7%
Earnings per share - basic and diluted	73.07	69.77	4.7%

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	167,085.58 225.68M	0.48% 802.03
ALLSHR	101,220.72 685.91M	0.47% 477.65
KSE30	50,772.02 134.57M	0.57% 290.16
KMI30	239,923.35 145.03M	0.77% 1831.31
KMIALLSHR	66,042.80 345.76M	0.65% 425.34
BKTi	45,106.39 29.18M	0.06% 24.91
OGTi	33,583.05 26.44M	1.52% 502.39

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,425.00	92,995.00 88,405.00	-3415.00 -3.68%
BRENT CRUDE	63.86	64.09 63.06	0.60 0.95%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	0.10 0.11%
ROTTERDAM COAL MONTHLY	97.25	97.25 97.25	0.05 0.05%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	60.14	60.50 59.42	0.47 0.79%
SUGAR #11 WORLD	14.82	15.02 14.73	-0.06 -0.40%