Lahore: Imperial Limited has released its financial results for the quarter ending September 30, 2024, revealing a decline in both revenue and profit compared to the same period last year. The Board of Directors, in a meeting held on February 10, 2025, announced there will be no cash dividend, bonus shares, rights shares, or any other corporate actions for this period.

According to the financial report, the company earned a revenue of 73.05 million rupees for the quarter, down from 92.79 million rupees in the corresponding quarter of 2023. The gross profit also decreased to 25.23 million rupees, compared to 43.88 million rupees the previous year. Administrative expenses slightly increased, resulting in a further dip in operating profit, which stood at 20.99 million rupees compared to 38.45 million rupees in 2023.

The finance cost also saw a reduction from 5.41 million rupees to 4.19 million rupees, which means the profit before taxation and tax levies was recorded at 14.70 million rupees, a significant drop from 30.26 million rupees in the same quarter of the previous year. The company recorded a net profit of 14.70 million rupees after taxation and levies, a decrease from 30.26 million rupees in 2023. The earnings per share also fell from 11.31 rupees to 0.15 rupees.

According to information available from the Pakistan Stock Exchange (PSX), Imperial Limited maintains a designated market category of "Financials." As per the balance sheet, the unappropriated profit as of September 30, 2024, was 990.20 million rupees, while the revaluation surplus on property, plant, and equipment was reported at 5.53 billion rupees, reflecting the company's substantial asset base.

The company's financial position as of September 30, 2024, shows total equity of 10.35 billion rupees, a slight increase from 10.29 billion rupees as of July 1, 2024. Despite the decline in profits, the company's balance sheet reflects stability in its core financial structure, which Imperial Limited aims to strengthen in the coming quarters.