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

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By MG News | April 28, 2025 at 03:43 PM GMT+05:00

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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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