Lahore: Ibrahim Fibers Limited announced its financial results for the quarter and nine months ending September 30, 2025, revealing a notable decrease in profits compared to the previous year. The Board of Directors approved the financial results during a meeting held at 1-Ahmed Block, New Garden Town, Lahore, on October 24, 2025.
The company reported no cash dividend, bonus shares, or rights shares for the period, and confirmed there were no other entitlements or corporate actions. Additionally, there was no price-sensitive information disclosed.
For the quarter ended September 30, 2025, the company recorded net sales of 24.91 billion rupees, a decrease from 27.05 billion rupees in the same quarter of 2024. This represents a significant move of -7.90%. The cost of goods sold also decreased to 23.41 billion rupees from 24.81 billion rupees. Consequently, the gross profit for the quarter was 1.49 billion rupees, down from 2.24 billion rupees in the previous year.
The nine-month period ending September 30, 2025, saw net sales of 78.24 billion rupees, compared to 91.04 billion rupees in the same period of 2024, marking a very large move of -14.06%. The cost of goods sold for this period decreased to 71.72 billion rupees, compared to 84.02 billion rupees in the previous year. The gross profit for the nine months was 6.51 billion rupees, slightly lower than the 7.02 billion rupees recorded in 2024.
Selling, distribution, administrative, and other operating expenses for the quarter amounted to 1.07 billion rupees, down from 1.26 billion rupees in the same period last year. Finance costs were 207.41 million rupees, a decrease from 370.63 million rupees. Profit before levy and taxation stood at 437.86 million rupees compared to 988.24 million rupees for the quarter ended September 30, 2024.
According to information available from the Pakistan Stock Exchange (PSX), the company’s profit before taxation for the nine-month period was 2.69 billion rupees, down from 2.91 billion rupees in 2024. The provision for taxation decreased to 1.09 billion rupees from 1.18 billion rupees, resulting in a profit for the nine months of 1.59 billion rupees, compared to 1.73 billion rupees in the same period of 2024.
The earnings per share for the quarter were 0.49 rupees, a decline from 1.88 rupees in the previous year. For the nine months, earnings per share were 5.13 rupees, compared to 5.56 rupees in 2024.
Ibrahim Fibers Limited's comprehensive income for both the quarter and the nine-month period matched the profit figures, with no other comprehensive income reported.
In terms of cash flows, the company generated 4.97 billion rupees from operating activities, down from 5.04 billion rupees the previous year. The net cash used in investing activities was 6.70 billion rupees, compared to 1.11 billion rupees in 2024. Financing activities contributed 2.31 billion rupees, a reversal from the net cash used of 317.31 million rupees in the previous year. The net increase in cash and cash equivalents was 575.35 million rupees for the nine-month period.
The financial outlook for Ibrahim Fibers Limited remains cautious due to the decline in sales and profits, with the market closely monitoring the company's next moves in a challenging economic climate.