AGP posts Rs1.06bn profit for March 2025, soars 126% YoY

April 30, 2025 (MLN): AGP Limited (PSX: AGP) has reported a net profit of Rs1.06 billion for the period ended 31 March 2025, marking a 126% increase from Rs467.1 million in SPLY.

The company posted earnings per share of Rs3.04, compared to Rs1.43 in the same quarter of 2024.

Revenue from contracts with customers rose by 21% to Rs7.16bn from Rs5.92bn, driven by robust sales performance.

Gross profit climbed 30% to Rs4.12bn, supported by controlled cost of sales, which increased by only 10% to Rs3.04bn.

Administrative expenses dropped 14% to Rs213.3m, while marketing and selling expenses jumped 21% to Rs1.73bn, reflecting higher promotional activity.

Despite an 18% rise in other expenses to Rs70m and a 58% drop in other income to Rs21.2m, AGP’s operating performance remained strong.

Finance costs nearly halved to Rs385.3m, down 47% from Rs730m a year earlier.

Profit before tax surged 135% to Rs1.75bn, and after accounting for a 150% rise in taxation to Rs691.6m.

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