trending Market Intelligence /marketintelligence/en/news-insights/trending/F0eOzj6p9AKCPATGCdnSbA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Ghandhara Industries fiscal Q1 profit climbs YOY

A Community Bank Shares its “Going Green” Story with Stakeholders

Podcast

Street Talk Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Street Talk – Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

European Energy Insights February 2021


Ghandhara Industries fiscal Q1 profit climbs YOY

Ghandhara Industries Ltd said its normalized net income for the fiscal first quarter ended Sept. 30 came to 5.20 Pakistani rupees per share, a gain from 1.24 rupees per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 110.6 million rupees, a gain from 26.5 million rupees in the prior-year period.

The normalized profit margin climbed to 11.7% from 3.4% in the year-earlier period.

Total revenue grew 19.5% on an annual basis to 942.7 million rupees from 789.0 million rupees, and total operating expenses grew 6.2% year over year to 747.8 million rupees from 704.3 million rupees.

Reported net income rose from the prior-year period to 126.2 million rupees, or 5.93 rupees per share, from 24.6 million rupees, or 1.15 rupees per share.

As of Nov. 3, US$1 was equivalent to 105.42 Pakistani rupees.