IPAK Group delivers strong nine-month performance with consolidated net profit rising to PKR 2.36 billion

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.