AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Ghandhara Industries Ltd. (GHNI) announced a significant financial upturn for the fiscal year 2025 at its corporate briefing, citing a substantial increase in sales volume driven by axle load implementation. The company’s topline soared to PkR37.5 billion, a significant rise from PkR14.6 billion in the previous fiscal year, marking a 2.6-fold year-on-year increase.
The surge in revenue was attributed to a 2.3-fold increase in volumetric sales, with a total of 3,402 units sold during FY25. The axle load implementation was highlighted as a key factor driving this growth.
GHNI’s earnings for FY25 reached PkR4.6 billion, translating to earnings per share of PkR107.6. This is a substantial improvement from the previous year’s earnings of PkR781 million, or PkR18.3 per share.
The company’s management reported an improvement in gross margins, which rose to 24.3% in FY25 from 19.6% in FY24. This improvement was attributed to strategic price increases, cost-effective procurement practices, and efficient cost management initiatives.
The briefing provided insights into the company’s financial health and strategic direction, shedding light on the factors contributing to its robust performance in FY25.