International Industries Limited Reports Significant Decline in Profit Amidst Financial Results Review


Karachi: International Industries Limited’s Board of Directors recently convened to review the company’s annual financial performance for the fiscal year ending June 30, 2025. Meeting on August 21, 2025, the board recommended a final cash dividend of Rs.4.00 per share, equivalent to 40% of the share value. The annual general meeting is scheduled for September 26, 2025, at the Jasmine Hall, Beach Luxury Hotel, Off: M.T. Khan Road, Karachi, with an option for members to attend via video conferencing.



The company’s unconsolidated statement of profit or loss revealed a notable financial shift. Revenue from contracts with customers was reported at 25.10 billion, down from the previous year’s 29.20 billion, reflecting a Big move in revenue figures. The cost of sales decreased to 21.95 billion from 25.36 billion. Consequently, the gross profit stood at 3.15 billion compared to 3.84 billion in the previous fiscal year.



Selling and distribution expenses were marginally reduced, while administrative expenses remained relatively stable. Notably, there was a reversal in the loss allowance on trade debts, resulting in a marginal gain. The operating profit dropped to 1.39 billion from 2.00 billion, marking a Big move in the operating profit margin. Finance costs saw a Moderate move, decreasing to 609.25 million from 1.47 billion.



According to information available from the Pakistan Stock Exchange (PSX), the company’s profit before income tax experienced a Big move, declining to 1.57 billion from 1.76 billion. The income tax expense, however, increased significantly, resulting in a final profit for the year of 1.10 billion, down from 1.47 billion, indicating a Very large or significant move. The earnings per share dropped to Rs.8.37 from Rs.11.17.



The book closure for share transfers is set between September 18 and September 26, 2025. Transfers received by September 17, 2025, will be eligible to attend the annual general meeting and claim the final cash dividend. The designated market category for these financial disclosures remains a focus for stakeholders and analysts monitoring the company’s fiscal health.