Karachi: International Packaging Films Limited announced its financial results for the fiscal year ending June 30, 2026, revealing marked financial growth despite the impacts of deferred tax charges. The Board of Directors convened on September 10, 2026, at the company’s registered office in Karachi to discuss and approve the financial outcomes.

The company declared a final cash dividend of Rs. 2.00 per share, translating to a 20% payout. No bonus or right shares were announced, and no other corporate actions or price-sensitive information were disclosed.

A significant deferred tax charge of PKR 452 million was recognized, affecting the consolidated profit after tax, which stood at PKR 4,952.08 million. Excluding this non-cash accounting charge, the profit would have been approximately PKR 5,404 million. According to information available from the Pakistan Stock Exchange (PSX), the company's revenue from contracts with customers surged to PKR 42.17 billion, up from PKR 34.37 billion in the previous fiscal year, marking a very large or significant move of 22.7%.

Gross profit increased to PKR 9.39 billion, compared to PKR 4.99 billion the previous year. The operating profit rose to PKR 8.14 billion from PKR 3.82 billion, despite higher administrative and other operating expenses. Finance costs were reduced to PKR 1.86 billion from PKR 2.22 billion, contributing to an improved profit before income tax of PKR 6.28 billion, a big move from PKR 1.61 billion in the prior year.

The company scheduled its Annual General Meeting for October 26, 2026, at the PSX Auditorium in Karachi. The share transfer books will be closed from October 19 to October 26, 2026, for entitlements and voting rights determination.

Total comprehensive income for the year reached PKR 4,930.16 million, with earnings per share improving to PKR 6.73 from PKR 1.64, underscoring a robust financial performance in a challenging fiscal environment.