Close Menu
News Update TimesNews Update Times

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Spotify Hands Creative Control to Tyler, the Creator for Its Latest Fc Barcelona Jersey Takeover

    October 16, 2026

    IBA KARACHI & AKU-IED SIGN PARTNERSHIP AGREEMENT FOR SCHOOL MANAGEMENT SERIES 2026–2027

    October 16, 2026

    TECNO POVA Curve 2 5G Launches in Pakistan – The World’s Slimmest 8000mAh 5G Phone at PKR 99,999

    October 16, 2026
    Facebook X (Twitter) Instagram
    News Update TimesNews Update Times
    • Home
    • Pakistan

      Retailers Urge Islamabad Administration to Reverse Ban on Plastic Bottles

      October 14, 2026

      Pakistan leaders urged to accelerate investment in eye care togenerate millions in economic benefits

      October 8, 2026

      foodpanda facilitates fully funded Umrah for delivery riders

      September 24, 2026

      CBD PUNJAB ACCELERATES DEVELOPMENT WORK AT NSIT CITY; CELESTIA IT TOWER ENTERS FINAL CONSTRUCTION PHASES

      September 24, 2026

      September SNIDs inaugurated at the Rotary Community Centre Karachi

      September 20, 2026
    • Business

      TECNO POVA Curve 2 5G Launches in Pakistan – The World’s Slimmest 8000mAh 5G Phone at PKR 99,999

      October 16, 2026

      Mega Motor Renews Partnership for BYD Karachi Marathon 2027, Announces ‘She Runs’ to Train Women Athletes

      October 15, 2026

      Inside TCL’s Vision for the Next Generation of Display Technology

      October 15, 2026

      PIBF, Lahore Leads University Sign MoU to Promote Youth Skills and Entrepreneurship

      October 15, 2026

      SHINE Humanity Pakistan Partners with Art of Giving to Bring Rural Healthcare Closer to Karachi’s Givers

      October 14, 2026
    • Technology

      BingX EU Secures MiCAR License, Advancing Regulated Crypto Services Across Europe

      October 15, 2026

      Industry Leaders Highlight AI, Workforce Readiness & Service Export Growth at 22nd P@SHA ICT Awards

      September 25, 2026

      Supernet Technologies Limited’s consolidated PAT increased to PKR 467 million from PKR 78 million in the previous year!

      September 24, 2026

      From Jakarta to Pakistan: 4Thrives Walee Set to Defend Their Global Crown at Home

      September 23, 2026

      DB-Investing-AIExpanding technology footprint with AI-First Fintech platform dbinvesting.ai

      September 23, 2026
    • Sports

      Young Cricketer Arham Mehfooz Shines with Outstanding All-Round Performance, Named Man of the Match

      August 18, 2026

      BingX Launches Global Community Initiative Following Enzo Fernández’s World Cup Goal

      July 8, 2026

      tapmad Secures Exclusive Digital and Television Rights for the FIFA World Cup in Pakistan

      May 18, 2026

      BingX Names World Champion Enzo Fernández as Global Ambassador Ahead of 2026 FIFA World Cup

      May 13, 2026

      Rising global sport padel finds new home in Lahore

      April 28, 2026
    • Entertainment

      Spotify Hands Creative Control to Tyler, the Creator for Its Latest Fc Barcelona Jersey Takeover

      October 16, 2026

      TikTok strengthens AI transparency and safety efforts to help users navigate AI-generated content

      October 8, 2026

      From Pakistan’s Airwaves to an International Stage: Sophiya Anjam Celebrates 20 Years in Media  

      October 7, 2026

      Meet Prem G, the Pakistani American Artist Bringing a Desi Soul to Electronic Music

      September 29, 2026

      Coke Studio Nu.WAV continues with Rangeen, produced by Umair and featuring Hasan Raheem and Izzchugtai

      September 21, 2026
    • Education

      IBA KARACHI & AKU-IED SIGN PARTNERSHIP AGREEMENT FOR SCHOOL MANAGEMENT SERIES 2026–2027

      October 16, 2026

      AAS-in-Asia 2026 concludes at LUMS, brings over 1,000 scholars from 37 countries to Lahore

      September 28, 2026

      SIMPACT 2026 Brings AI to the Forefront of Simulation Education

      September 20, 2026

      EMGS Study in Malaysia Education Fair 2026 Draws Strong Response from Pakistani Students in Islamabad

      September 15, 2026

      (TTWF) marked International Literacy Day 2026

      September 9, 2026
    • Health

      PSQCA Faces Criticism over Hasty Reconstitution of Food Standards Committees

      October 10, 2026

      Pedalling for a Cause: Faysal Bank and Patients’ Aid Foundation Unite Against Breast Cancer

      October 5, 2026

      Sindh Health Department, LUMS, and Aga Khan University sign historic agreement to bring national AI Hub for Maternal and Child Health to primary healthcare

      September 25, 2026

      World Lung Day: What We Breathe Matters

      September 25, 2026

      The Church of Jesus Christ of Latter-day Saints contributes $1.2 Million to strengthen maternal and newborn health in Pakistan

      August 31, 2026
    • Other
      • World
      • Blog
      • Opinion
      • About
      • Contact us
    News Update TimesNews Update Times
    Home»Business»IPAK Group delivers strong nine-month performance
    Business

    IPAK Group delivers strong nine-month performance

    yasirBy yasirApril 16, 2026No Comments
    Facebook Twitter WhatsApp
    Share
    Facebook Twitter WhatsApp

    IPAK Group has delivered a strong performance for the nine months ended 31 March 2026, with consolidated net profit increasing significantly to PKR 2.36 billion compared to PKR 749 million in the corresponding period last year, translating into earnings per share (EPS) of PKR 3.50. This performance reflects improved operating dynamics, higher capacity utilization across subsidiaries, and continued cost discipline across the Group.

    Group’s consolidated sales increased by 16.8% to PKR 30.43 billion (2025: PKR 26.06 billion), supported by improving demand conditions and the strength of the Group’s integrated manufacturing platform across BOPP, BOPET, and CPP film segments.

    Exports remained a key pillar of growth, with consolidated export sales rising to PKR 7.34 billion (2025: PKR 6.07 billion), representing approximately 24.14% of total sales, reflecting sustained traction in international markets and the Group’s focus on value-added specialty films.

    Profitability improved significantly during the period, with consolidated gross profit rising to PKR 5.78 billion (2025: PKR 3.62 billion), while operating profit reached PKR 4.64 billion (2025: PKR 2.76 billion), reflecting margin expansion and enhanced operational efficiency.

    Finance costs declined by 13.42% to PKR 1.44 billion despite higher business volumes, driven by effective working capital management and stronger internal cash flow generation.

    On a standalone basis, IPAK delivered stable sales of PKR 9.94 billion, while profitability improved significantly due to a favorable product mix and operational efficiencies. Gross profit increased by 26.6% to PKR 2.24 billion, and net profit nearly doubled to PKR 810 million compared to PKR 424 million in the same period last year.

    Group CEO Naveed Godil highlighted Group’s achievements for the third quarter ending March 2026. Despite significant disruptions in the supply chain, IPAK emerged as the only film manufacturing group capable of meeting dominant share of the nation’s food packaging demand. He added that “this accomplishment underscores our strong operational capabilities and exceptional supply chain management, as our dedicated team worked tirelessly to ensure the country’s essential packaging needs were met. Alhumdulillah, we remain committed to maintaining this level of excellence going forward”.

    Looking ahead, the Group remains confident in its outlook, supported by its diversified presence across all major flexible packaging film segments and a continued focus on exports, product innovation, and cost optimization. Management remains committed to expanding its global footprint while maintaining operational excellence and financial discipline to drive long-term shareholder value.

    Share. Facebook Twitter WhatsApp
    yasir

    Related Posts

    TECNO POVA Curve 2 5G Launches in Pakistan – The World’s Slimmest 8000mAh 5G Phone at PKR 99,999

    October 16, 2026

    Mega Motor Renews Partnership for BYD Karachi Marathon 2027, Announces ‘She Runs’ to Train Women Athletes

    October 15, 2026

    Inside TCL’s Vision for the Next Generation of Display Technology

    October 15, 2026
    Leave A Reply Cancel Reply

    Top Posts

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025197 Views

    foodpanda and HBL expand strategic partnership for greater digital payment adoption

    October 8, 2026158 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026149 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025106 Views
    Don't Miss
    Entertainment

    Spotify Hands Creative Control to Tyler, the Creator for Its Latest Fc Barcelona Jersey Takeover

    IBA KARACHI & AKU-IED SIGN PARTNERSHIP AGREEMENT FOR SCHOOL MANAGEMENT SERIES 2026–2027

    October 16, 2026

    TECNO POVA Curve 2 5G Launches in Pakistan – The World’s Slimmest 8000mAh 5G Phone at PKR 99,999

    October 16, 2026

    Mega Motor Renews Partnership for BYD Karachi Marathon 2027, Announces ‘She Runs’ to Train Women Athletes

    October 15, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • WhatsApp

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    NUT is an innovative digital platform, delivering real-time, quality news and analysis on global & Local events. We aspire to empower our readers with accurate, insightful, and diverse perspectives,

    Email: info@newsupdatetimes.com
    Contact: +92 301 4776567

    Facebook X (Twitter) Instagram WhatsApp
    Our Picks

    Spotify Hands Creative Control to Tyler, the Creator for Its Latest Fc Barcelona Jersey Takeover

    October 16, 2026

    IBA KARACHI & AKU-IED SIGN PARTNERSHIP AGREEMENT FOR SCHOOL MANAGEMENT SERIES 2026–2027

    October 16, 2026

    TECNO POVA Curve 2 5G Launches in Pakistan – The World’s Slimmest 8000mAh 5G Phone at PKR 99,999

    October 16, 2026
    Most Popular

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025197 Views

    foodpanda and HBL expand strategic partnership for greater digital payment adoption

    October 8, 2026158 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026149 Views
    © 2026 News Update Times.
    • Home
    • Pakistan
    • Business
    • Technology

    Type above and press Enter to search. Press Esc to cancel.