April 25, 2025 (MLN): Tariq Glass Industries Restricted (PSX: TGL) reported a modest 0.92% improve in web revenue for the nine-month interval ended March 31, 2025, reaching Rs3.51 billion (EPS: Rs20.39), in comparison with Rs3.48bn (EPS: Rs20.2) in the identical interval final yr (SPLY).

The corporate has declared an interim money dividend for the monetary yr ending June 30, 2025, at a price of 20%, or Rs2 per share, along with the interim money dividend already paid on March 14, 2025, on the identical price of Rs2 per share.

Regardless of the small rise in web revenue, the corporate noticed a big 15.51% development in income, which surged to Rs24.83bn from Rs21.5bn in SPLY.

The rise in income was partly offset by an increase in the price of gross sales, which climbed by 8.71% YoY to Rs17.14bn.

Consequently, the gross revenue improved by 34.23% YoY to Rs7.69bn, bolstering the gross margin for the interval.

On the expense facet, administrative bills rose by 17.09% YoY, reaching Rs435.67 million, whereas promoting and distribution bills declined by 6.10% YoY to Rs379.35m.

Working revenue witnessed a strong 38.81% improve, reaching Rs6.88bn, pushed by increased revenues.

Nonetheless, different revenue decreased by 28.57% YoY to Rs113.54m, and finance prices decreased by 7.52% YoY to Rs376.99m, exhibiting some reduction in curiosity burden.

Notably, the corporate's share of loss from associates elevated considerably by 287.83%, rising to Rs241.52m, which impacted the general backside line. Different bills additionally noticed a pointy 39.88% YoY improve, amounting to Rs467.86m.

Consequently, revenue earlier than taxation rose by 13.02% YoY to Rs5.9bn, whereas taxation surged by 37.13% YoY to Rs2.39bn, barely affecting web earnings.

Monetary Outcomes for the 9 Month Ended March 31, 2025
Class Mar-25 Mar-24 %Change
Income 24,831,285,126 21,496,370,285 15.51%
Price of Gross sales (17,139,214,626) (15,766,001,948) 8.71%
Gross Revenue 7,692,070,500 5,730,368,337 34.23%
Administrative Bills (435,669,693) (372,069,156) 17.09%
Promoting and Distribution Bills (379,345,664) (404,004,412) -6.10%
Working Revenue 6,877,055,143 4,954,294,769 38.81%
Different Revenue 113,538,362 158,940,553 -28.57%
Finance Price (376,986,537) (407,630,057) -7.52%
Discount Buy Achieve 915,162,011  
Share of Lack of Affiliate (241,516,500) (62,274,011) 287.83%
Different Bills (467,858,300) (334,469,925) 39.88%
Revenue Earlier than Taxation 5,904,232,168 5,224,023,340 13.02%
Taxation (2,394,493,835) (1,746,146,204) 37.13%
Internet Revenue for the Interval 3,509,738,333 3,477,877,136 0.92%
Earnings Per Share – Primary and Diluted (Rs.) 20.39 20.2 0.94%

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Posted on: 2025-04-25T16:57:22+05:00

The publish TGL studies development in web revenue for 9 months appeared first on Mettis International Hyperlink.

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