Karachi, April 25 – International Packaging Films Limited IPAK Group has recorded a 66% increase in its revenues for the nine-month period ended March 31, 2025, demonstrating strong topline expansion and bottom-line growth despite a challenging macroeconomic environment.
Financial Performance Highlights
Revenue Growth
- Consolidated Revenue (9M FY25): PKR 26.04 billion (vs. PKR 15.69 billion in the same period last year).
- Q3 FY25 Revenue: PKR 9.8 billion, up 13.6% QoQ (from PKR 8.6 billion in Q2) and 75% YoY (vs. PKR 5.6 billion in Q3 FY24).
- Standalone Revenue (Q3 FY25): PKR 4.1 billion, up 51% QoQ (from PKR 2.7 billion in Q2) but a marginal 3% decline YoY (vs. PKR 4.2 billion in Q3 FY24).
Earnings Per Share (EPS)
- Consolidated EPS (Q3 FY25): PKR 0.59, up 25.5% QoQ (from PKR 0.47) and 31.1% YoY (vs. PKR 0.45 in Q3 FY24).
- Cumulative EPS (9M FY25): PKR 1.40.
- Standalone EPS (Q3 FY25): PKR 0.36, a sharp increase from PKR 0.06 in Q2 and broadly in line with PKR 0.38 in Q3 FY24.
- Cumulative Standalone EPS (9M FY25): PKR 0.44, reflecting a return to consistent profitability.
EBITDA Performance
- Standalone EBITDA: PKR 1.75 billion.
- Consolidated EBITDA: PKR 3.57 billion, highlighting strong cash generation and operational leverage.
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Key Growth Drivers
- Export Market Expansion: Successful diversification into new geographies, including the Middle East, Asia, Africa, the US, and Europe.
- Foreign Exchange Earnings: Exceeded USD 22 million in the current financial year, supporting national non-traditional export objectives.
- Product Line Diversification: Entry into new product segments has reinforced IPAK’s leadership in the flexible packaging films sector.
Operational Synergies & Future Outlook
- Capacity Expansions: Successful commissioning of major group-level expansions has enhanced operational synergies.
- Cost Optimization: Shared procurement, centralized planning, and resource optimization are improving cost efficiency.
- Sustainable Growth: Profitability and operational efficiencies are gaining momentum alongside revenue growth.
IPAK Group Management’s Commitment
Despite macroeconomic volatility, IPAK Group continues to outperform industry trends. The management remains focused on sustainable value creation for shareholders, driven by strategic expansions and operational excellence.