April 28, 2025 (MLN): Cherat Packaging Restricted (PSX: CPPL) reported a major decline in web revenue for the quarter ended March 31, 2025, with a lower of 86.86%, amounting to Rs85.23 million in comparison with Rs648.46m in the identical interval final 12 months.
The earnings per share (EPS) dropped to Rs1.74 from Rs13.21 within the prior 12 months, reflecting a pointy decline in profitability.
Regardless of a slight 1.17% year-on-year (YoY) enhance in web turnover, which stood at Rs3.31 billion in comparison with Rs3.27bn in the identical quarter final 12 months, the corporate’s profitability took successful.
The price of gross sales decreased by 2.04% YoY to Rs2.99bn, which contributed to a rise in gross revenue of 47.51%, standing at Rs312.55m.
On the expense facet, distribution prices rose by 16.02% YoY, totaling Rs73.58m, whereas administrative bills remained comparatively secure, displaying a slight lower of 1.89%.
Nonetheless, different bills surged by 38.11% YoY to Rs4.23m, and different revenue fell drastically by 96.62% to Rs26.69m, contributing to the decline in profitability.
Working revenue dropped by 75.59% YoY to Rs216.94m. Finance prices noticed a lower of 36.40%, amounting to Rs104.15m, serving to mitigate a number of the losses.
The corporate recorded a major discount in revenue tax expense, which fell by 93.59% YoY to Rs6.10m.
This resulted in a considerable lower in revenue earlier than tax, which fell by 87.72% YoY to Rs91.32m, primarily because of the sharp drop in different revenue and working revenue.
| Assertion of Revenue or Loss for the Quarter Ended March 31, 2025 (Rupees '000) | |||
| Description | Mar-25 | Mar-24 | %Change |
| Turnover – Internet | 3,309,672 | 3,271,419 | 1.17% |
| Value of Gross sales | (2,997,127) | (3,059,543) | -2.04% |
| Gross Revenue | 312,545 | 211,876 | 47.51% |
| Distribution Prices | (73,578) | (63,416) | 16.02% |
| Administrative Bills | (44,490) | (45,345) | -1.89% |
| Different Bills | (4,229) | (3,062) | 38.11% |
| Whole Bills | (122,297) | (111,823) | 9.37% |
| Different Revenue | 26,687 | 788,796 | -96.62% |
| Working Revenue | 216,935 | 888,849 | -75.59% |
| Finance Prices | (104,148) | (163,758) | -36.40% |
| Revenue Earlier than Revenue Tax, Minimal Taxes & Ultimate Taxes | 112,787 | 725,091 | -84.45% |
| Minimal Taxes | (20,265) | (19,670) | 3.02% |
| Ultimate Taxes | (1,198) | (1,199) | -0.08% |
| Revenue Earlier than Revenue Tax | 91,324 | 743,562 | -87.72% |
| Revenue Tax | (6,095) | (95,103) | -93.59% |
| Internet Revenue for the Interval | 85,229 | 648,459 | -86.86% |
| Earnings Per Share (Primary & Diluted) | 1.74 | 13.21 | -86.83% |
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Posted on: 2025-04-28T17:12:13+05:00
The submit Cherat Packaging stories round 87% drop in quarterly revenue appeared first on Mettis International Hyperlink.
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