KARACHI: International Packaging Films Limited (IPAK Group) reported a strong financial performance for the nine months ended March 31, 2026, with consolidated net profit rising sharply to Rs2.36 billion, compared to Rs749 million in the same period last year, driven by improved operating efficiencies and higher capacity utilization.
Earnings per share (EPS) stood at Rs3.50 for the period under review, reflecting significant growth in profitability across the group’s operations.
The group’s consolidated sales increased by 16.8 percent to Rs30.43 billion, up from Rs26.06 billion a year earlier, supported by improving demand and the strength of its integrated manufacturing platform spanning BOPP, BOPET, and CPP film segments.
Exports continued to play a key role in overall performance, with export sales rising to Rs7.34 billion from Rs6.07 billion last year, accounting for around 24.14 percent of total revenues, indicating sustained traction in international markets and growing demand for value-added specialty films.
Profitability indicators showed notable improvement, with gross profit increasing to Rs5.78 billion compared to Rs3.62 billion in the corresponding period last year, while operating profit rose to Rs4.64 billion from Rs2.76 billion, reflecting margin expansion and enhanced operational efficiency.
Finance costs declined by 13.42 percent to Rs1.44 billion despite higher business volumes, attributed to effective working capital management and improved internal cash flow generation.
On a standalone basis, IPAK reported sales of Rs9.94 billion, while net profit nearly doubled to Rs810 million from Rs424 million a year earlier. Gross profit for the standalone entity increased by 26.6 percent to Rs2.24 billion, supported by a favorable product mix and operational efficiencies.
Group CEO Naveed Godil said the company maintained strong operational performance despite supply chain disruptions, adding that IPAK emerged as a key supplier meeting a significant portion of the country’s food packaging demand.
“This accomplishment underscores our strong operational capabilities and exceptional supply chain management, as our team ensured continuity in meeting essential packaging needs,” he said.
Looking ahead, the company expressed confidence in its growth outlook, supported by its diversified presence across major flexible packaging segments, continued focus on exports, product innovation, and cost optimization.
Management reiterated its commitment to expanding the group’s global footprint while maintaining operational excellence and financial discipline to deliver long-term shareholder value.
Copyright Business Recorder, 2026
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