Lucky Core Industries Limited announced its 9mfy25 financial results today, where the company posted a profit after tax (PAT) of PKR 8.9 billion (EPS: PKR 96.5), compared to a PAT of PKR 7.9 billion (EPS: PKR 85.9) during the same period last year. The 12% year-over-year (Yoy) increase during the 9mfy25 is attributed to improved operating performance and lower finance costs. On a quarterly basis, profitability plummeted by 10% year-over-year (Yoy), reaching PKR 2.6 billion in 3qfy25.

Result Highlights

•        During 9mfy25, net sales increased by 1% year-over-year (Yoy) to PKR 92.0 billion, while during 3qfy25, sales witnessed a modest downturn of 4% Yoy.

•        During 3qfy25, sales experienced a modest 4% year-over-year (Yoy) decline.

•        Gross margins increased by 100 basis points year-over-year (Yoy) to 22.8% during the 9mfy25, amid revisions in sales prices and improved margins in the pharma segment following the deregulation of prices.

•        During 9MFY25, LCI booked an exchange loss of PKR 28mn compared to exchange gain of PKR 130mn in SPLY amid a recovery in Pak Rupee against the greenback during the period.

•        The other income of the company increased by 6% YoY to PKR 2,961mn during 9MFY25, which is attributable to higher income from cash and cash balances. However, during 3q FY25, the other income decreased by 42% year-over-year to PKR 516 million.

•        Finance costs of the company declined by 36% year-over-year (Yoy) to PKR 1,755 million during the 9 months of FY25, owing to lower interest rates.

• The company booked effective taxation at 37.2% in 3qfy25, compared to 34.5% in 3qcy24.

Courtesy- AHL Research