National Foods Limited posts 64% surge in nine-month profit

April 23, 2025 (MLN): National Foods Limited (PSX: NATF) recorded a significant increase of 63.84% YoY in its consolidated profit after tax, reaching Rs3.6 billion [EPS: Rs12.52] during the nine months ended March 31, 2025, compared to Rs2.2bn [EPS: Rs6.82] in the same period last year (SPLY).

The company declared an interim cash dividend of Rs2 per share, i.e., 40%.

According to the results, the company’s net sales climbed by 15.92% YoY to Rs74.27bn, up from Rs64.07bn in SPLY.

Despite a 14.19% YoY rise in the cost of sales to Rs52.95bn, the gross profit improved by 20.46% YoY to Rs21.32bn.

However, selling and distribution costs increased by 16.32% YoY, amounting to Rs11.11bn, while administrative expenses surged 28.56% YoY to Rs3.72bn.

On the other hand, impairment loss on trade debts dropped by 31.70% YoY.

The operating profit saw a healthy rise of 23.92% YoY, standing at Rs6.47bn, while other income witnessed a remarkable increase of 3125.87% YoY to Rs275.33m.

Other expenses also increased by 125.76% YoY to Rs276.99m. Finance costs rose by 9.82% YoY to Rs2bn.

Profit before income tax grew by 30.30% YoY to Rs4.3bn, with the company incurring a lower income tax expense of Rs698.62m, down 36.58% YoY.

This contributed to a total comprehensive income of Rs3.42bn, up 80.75% YoY.

Of this, profit attributable to the owners of the holding company was Rs2.92bn, reflecting an increase of 83.66% YoY, while profit attributable to non-controlling interest stood at Rs680.19m, up 12% YoY.

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