Nishat Mills Limited (NML): 2QFY25 EPS arrived at PKR 9.10, up ~1.9xYoY/2.4xQoQ - By Taurus Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Board Meeting: February 28, 2025</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">2QFY25: &ndash; EPS: PKR 9.10, PAT: PKR 3.2Bn, up ~1.9x over the SPLY, higher than expectations.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In 2QFY25, NML&rsquo;s sales clocked-in at PKR 46Bn, up 24%YoY/6%QoQ, attributable to increase in sales volume and stable market share. Gross margin arrived 13%, up 1pptsYoY/15pptsQoQ, mainly due to the effective cost management. Other income saw a significant increase of 44%YoY/59%QoQ, arriving at PKR 3.7Bn, attributable to dividend income from equity investments. Finance cost arrived at PKR 1.8Bn, down 31%YoY and QoQ, mainly due ...