AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Lahore: Nishat Mills Limited (NML) shared its financial performance for FY25 during a corporate briefing session, revealing notable revenue growth but a decline in net profit after tax. The company reported an 11% increase in standalone revenue, reaching PkR178.2 billion compared to PkR160.3 billion in the previous fiscal year. This growth was attributed to a 29.7% rise in local sales, driven by marketing initiatives and product diversification.
Despite the revenue increase, NML’s net profit after tax fell by 6% to PkR6.0 billion, with earnings per share at PkR17.1. The decline was primarily due to reduced dividend income and increased taxation.
The company’s gross margin showed improvement, rising to 11.2% from 10.8% in the same period last year. This was largely due to strong sales performance and better cost management strategies.
NML’s briefing provided insights into its financial outcomes and future outlook, underlining the challenges of balancing revenue growth with profitability amidst changing financial conditions.