Interloop Limited (ILP): 2QFY25 EPS arrived-in at at PKR 0.82, down 61%YoY/up 4.2xQoQ - By Taurus Research
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Board Meeting: February 19, 2025</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">2QFY25A: – EPS: PKR 0.82, PAT: PKR 1.15Bn, down ~61%YoY over the SPLY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In 2QFY25, ILP’s net sales clocked-in at PKR 42.3Bn, up 20%YoY/2%QoQ primarily driven by higher volumetric sales. Gross
margins arrived ~20%, down 7pptsYoY/up 2pptsQoQ mainly due to rising energy costs, higher input costs, and higher costs
of apparel project due to ramp-up phase we believe. Other income declined ~18%YoY to arrive at PKR 173Mn. Moreover,
finance cost clocked-in at PKR 2.6Bn, up 4%YoY/down 5%QoQ. Whereas, tax rate arrived at 30%Yo...
