FFL achieves highest-ever profit after tax in first quarter

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By MG News | April 23, 2025 at 03:36 PM GMT+05:00

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April 23, 2025 (MLN): Fauji Foods Limited (PSX: FFL) reported a profit after tax of Rs335 million [EPS: Rs0.13] for the three-month period ended March 31, 2025, marking a significant 224.5% increase compared to Rs103m [EPS: Rs0.04] in the same period last year.

This represents the company’s highest-ever quarterly profit from operations.

FFL’s strong financial turnaround was driven by its ongoing strategy to deliver sustained growth, which continues to bear fruit.

The company also achieved its highest-ever quarterly revenue of Rs7.91bn, a 44.94% increase over Rs5.46bn in Q1 2024.

Despite a 48.16% rise in cost of revenue, gross profit surged by 31.71% to Rs1.41bn, showcasing improved operational efficiency and margin management.

Marketing and distribution expenses increased by 31.5%, and administrative expenses rose by 25.27%, reflecting the company’s broader business scale.

A substantial 76.63% decline in other expenses, however, significantly enhanced overall profitability.

Although finance costs rose by 49.88%, strong growth in operating profit up 35.78% to Rs478m alongside a 36.17% boost in other income to Rs133m, bolstered performance.

Profit before income tax climbed by 209.15% to Rs540m, up from Rs175m in the same period last year, despite the increased levy and taxation.

Tax expenses rose to Rs180m, up 184.05% year-on-year.

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS for the period of three months (Rs in '000)
Particulars March 2025 (Rupees) March 2024 (Rupees) %Change
Revenue from contracts with customers - net 7,907,237,721 5,455,459,118 44.94%
Cost of revenue (6,487,027,975) (4,385,007,392) 47.94%
Gross profit 1,420,209,746 1,070,451,726 32.67%
Marketing and distribution expenses (696,687,226) (529,790,815) 31.50%
Administrative expenses (244,997,133) (196,013,645) 24.99%
Profit from operations 478,525,387 344,647,266 38.84%
Other income 133,661,653 95,495,130 39.97%
Other expenses (51,603,695) (220,853,945) -76.63%
Finance cost (10,962,082) (6,835,332) 60.37%
Profit before levy and income tax 549,621,263 21,245,319 2487.02%
Levy (8,627,584) (37,081,725) -76.73%
Profit before income tax 540,993,679 175,371,394 208.48%
Taxation (179,530,310) (63,204,525) 184.05%
Profit after taxation 335,397,297 103,355,869 222.26%
Earnings per share - basic and diluted 0.13 0.04 225.00%

Copyright Mettis Link News

 

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