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Lahore: Service Industries Ltd. (SRVI) announced a substantial increase in its financial performance during its corporate briefing today, highlighting notable earnings growth for the calendar year 2024 and the first nine months of 2025. The company’s earnings rose by 82% in CY24, reaching PkR7.8 billion, compared to PkR4.3 billion in the previous year, driven mainly by an increase in volume and improved margins.
For the nine months ending in 2025, SRVI reported earnings of PkR11.9 billion, marking a 96% increase from PkR6.1 billion in the same period last year. This growth was largely due to a surge in other income following the sale of its subsidiary SGF shares and a one-off tax reversal.
Service Industries Ltd. maintains full ownership of Service Retail Pvt. Ltd., Service Tyres Pvt. Ltd., SIL Gulf FZE, and Service Industries Capital Pvt. Ltd. The company also holds a 49.4% stake in Service Long March Tyres Pvt. Ltd. and a 75.01% stake in Service Global Footwear Ltd.
The company’s strategic diversification and asset management appear to have played a crucial role in its robust financial performance, as noted during the briefing.