Interloop Ltd. (ILP): 2QFY25 Result Review — Earnings dented by gross margin contraction - By AKD Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Interloop Ltd. (ILP) announced its 2QFY25 financial results, reporting profitability of PkR1.2bn (EPS: PkR0.82), compared to PkR3.0bn (EPS: PkR2.13) in SPLY, a decline of 61% YoY. The said decline is largely attributable to gross margin contraction and higher operating expenses. Earnings came in line with our expectations. Additionally, as expected, company skipped its half-yearly payout due to ongoing CAPEX requirements.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">On a sequential basis, earnings increased by 5.2x, driven by improved gross margins amid softening input prices and a decline in finance cost due to lower financing rates.</span></li></ul><ul><li><span style="font-family:Arial, Helveti...