Interloop Limited Earnings Outlook Amid Expansion Challenges

Karachi: Interloop Limited (ILP) anticipates a modest improvement in earnings for the second quarter of the fiscal year 2025, with an expected earnings per share (EPS) of Rs0.68. This reflects a quarter-over-quarter improvement, though year-over-year earnings remain pressured due to the ongoing operational ramp-up of its newly opened apparels plant.

According to a statement by JS Global, ILP might declare a token dividend ranging from Rs0.25 to Rs0.50 per share, although the possibility of skipping this dividend remains due to increased cash flow demands from current expansion projects.

The investment firm reiterated its Buy rating for the stock, setting a target price of Rs115. ILP’s earnings are projected to experience a turnaround in fiscal year 2026, driven by the completion of the apparels plant ramp-up and the gradual expansion in hosiery and denim segments expected to unfold over fiscal years 2026 to 2027.

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