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

    OxfordAQA professional development manager to deliver teacher training sessions across Pakistan

    September 21, 2026

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

    September 21, 2026

    The Board of Engro Corporation announces Mr. Junaid Iqbal as the successor for the role of President and CEO of Engro Corporation, effective April 2027

    September 21, 2026
    Facebook X (Twitter) Instagram
    News Update TimesNews Update Times
    • Home
    • Pakistan

      September SNIDs inaugurated at the Rotary Community Centre Karachi

      September 20, 2026

      Sindh Pledges Full Support to Put Pakistan at Forefront of Global Tech Revolution

      September 14, 2026

      CEO CBD PUNJAB IMRAN AMIN INSPECTS CBD BAB DISTRICT AND NSIT CITY, ORDERS EXPEDITED SITE CLEARANCE AT BAB-E-PAKISTAN

      September 8, 2026

      Cheezious Makes Food Safety History as 16 Lahore Outlets Receive Five-Star PFA Rating

      September 4, 2026

      Civil Society Calls for Restoration of Zewar-e-Taleem, Increase in Stipend and Expansion Across Punjab

      September 4, 2026
    • Business

      OxfordAQA professional development manager to deliver teacher training sessions across Pakistan

      September 21, 2026

      The Board of Engro Corporation announces Mr. Junaid Iqbal as the successor for the role of President and CEO of Engro Corporation, effective April 2027

      September 21, 2026

      SE Fruits and Vegetable IPO book-building fully subscribed within two hours

      September 21, 2026

      JS Bank wins ESG Award for Community Health Outreach Programme

      September 21, 2026

      Pakistan International Auto Show 2026 Concludes with Over 300,000 Visitors

      September 20, 2026
    • Technology

      AI comes to help smallholder farmers as Agtrinsic expands Disease Intelligence Engine for South Asia

      September 15, 2026

      Supernet Technologies’ Rs915 million rights issue attracts 98.16% subscription

      September 14, 2026

      Google DeepMind’s AlphaGenome Atlas Powers a Comprehensive Map of the Human Epigenome and Genetic Regulation

      September 14, 2026

      Pakistan, Google Sign Landmark MoU to Support the Country’s $30B Digital Economy

      August 24, 2026

      4 Ways to Smart-Shop with Search

      August 11, 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

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

      September 21, 2026

      Inspector Jamshed Steps onto the Global Screen as IJ.

      August 29, 2026

      Spotify Celebrates Atif Aslam’s Subah Aye Na with Fans and Artists in Karachi

      August 24, 2026

      Karachi to Host Grand Entertainment Musical Show on September 19

      August 24, 2026

      Journey from England to Pakistan: Samad Aariz Takes On Showbiz After Business

      August 24, 2026
    • Education

      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

      IBA KARACHI WELCOMES NEW STUDENTS AT THEORIENTATION GALA 2026

      August 24, 2026

      (AKU) hosted a screening of A Cry from the Mountains

      August 21, 2026
    • Health

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

      August 31, 2026

      Sightsavers, NEF and PIRS Join Hands for Integrated School Health Programme

      August 29, 2026

      AKU Wins the International AMEE ASPIRE to Excellence Award 2026 in Healthcare Simulation

      August 25, 2026

      AKUH Receives Third Consecutive International Platinum Award for Heart Attack Care

      August 18, 2026

      The Aga Khan University launches Manual of Pediatrics to Strengthen Child Health Care in Pakistan

      August 6, 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

    OxfordAQA professional development manager to deliver teacher training sessions across Pakistan

    September 21, 2026

    The Board of Engro Corporation announces Mr. Junaid Iqbal as the successor for the role of President and CEO of Engro Corporation, effective April 2027

    September 21, 2026

    SE Fruits and Vegetable IPO book-building fully subscribed within two hours

    September 21, 2026
    Leave A Reply Cancel Reply

    Top Posts

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

    May 14, 2025196 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026147 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025104 Views

    The Youth 4GCED Regional Workshop launch Regional Workshop Begins in Lahore

    November 1, 202484 Views
    Don't Miss
    Business

    OxfordAQA professional development manager to deliver teacher training sessions across Pakistan

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

    September 21, 2026

    The Board of Engro Corporation announces Mr. Junaid Iqbal as the successor for the role of President and CEO of Engro Corporation, effective April 2027

    September 21, 2026

    SE Fruits and Vegetable IPO book-building fully subscribed within two hours

    September 21, 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

    OxfordAQA professional development manager to deliver teacher training sessions across Pakistan

    September 21, 2026

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

    September 21, 2026

    The Board of Engro Corporation announces Mr. Junaid Iqbal as the successor for the role of President and CEO of Engro Corporation, effective April 2027

    September 21, 2026
    Most Popular

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

    May 14, 2025196 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026147 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025104 Views
    © 2026 News Update Times.
    • Home
    • Pakistan
    • Business
    • Technology

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