Roshan Packages wraps up 9MFY25 with 34% decline in profit

By MG News | April 28, 2025 at 03:43 PM GMT+05:00
April 28, 2025 (MLN): Roshan Packages Limited posted a net profit of Rs79.9 million for the nine months ended March 31, 2025, reflecting a 34% decline compared to Rs120.6m recorded in the same period last year, according to the company's consolidated financial results.
Earnings per share (EPS) came in at Rs0.56 during the nine-month period, compared to Rs0.85 recorded in 9MFY24.
The company’s net revenue rose by 11% to Rs7.85 billion, up from Rs7.05bn in 9MFY24, driven by increased sales volume despite persistent cost pressures.
Cost of revenue grew in tandem by 11% to Rs7.17bn, resulting in a gross profit of Rs678m, up 10% compared to Rs614m during the same period last year.
Meanwhile, operating profit improved by 13% to Rs323m, supported by a 64% jump in other income, which clocked in at Rs79m.
However, the bottom line was squeezed by soaring finance costs, which surged by 80% to Rs238m amid high-interest rates and increased borrowings.
Consequently, profit before tax declined by 18% to Rs163m, against Rs197m last year. After accounting for taxation of Rs83m, Roshan Packages reported a final net profit of Rs80m.
Consolidated Financial Results for the nine months period ended March 31, 2025 (Rs '000) |
|||
Mar-25 |
Mar-24 |
% Change |
|
Revenue from contracts with customers |
8,332,114 |
9,138,059 |
9.68% |
Less: Sales Tax |
(1,279,162) |
(1,288,642) |
0.74% |
Net Revenue |
7,052,952 |
7,849,417 |
11.29% |
Cost of Revenue |
(6,438,946) |
(7,171,509) |
11.36% |
Gross Profit |
614,006 |
677,908 |
10.42% |
Administrative Expenses |
(246,933) |
(203,341) |
-17.66% |
Provision for Expected Credit Losses |
35,704 |
-41,094 |
-215.09% |
Selling and Distribution Expenses |
(89,052) |
(86,391) |
-2.99% |
Other Operating Expenses |
(28,752) |
(24,348) |
-15.30% |
Operating Profit |
284,973 |
322,724 |
13.25% |
Other Income |
48,360 |
79,301 |
64.02% |
Finance Cost |
(132,367) |
(237,912) |
79.73% |
Profit Before Income Tax, Final Tax & Minimum Tax Differential |
200,966 |
164,113 |
-18.34% |
Final Tax |
(3,982) |
(1,606) |
-59.70% |
Profit Before Taxation |
196,984 |
162,507 |
-17.53% |
Taxation |
(76,430) |
(82,588) |
8.07% |
Profit for the Period |
120,554 |
79,919 |
-33.71% |
Earnings Per Share (Rs) |
0.85 |
0.56 |
-34.12 |
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