Ecopack Limited Posts 15% Rise in Nine-Month Profit, Declares No Interim Dividend

KARACHI: Ecopack Limited has reported a healthy improvement in profitability for the nine-month period ended March 31, 2026, driven by stronger operating performance despite lower revenue compared to the same period last year. The company’s Board of Directors also announced that no interim cash dividend, bonus shares, or right shares would be issued for the period.

According to the company’s unaudited financial results, Ecopack posted a profit after tax of Rs240.97 million during the first nine months of FY2025-26, reflecting a 14.5% increase from Rs210.43 million recorded in the corresponding period last year. Earnings per share (EPS) improved to Rs4.99, compared with Rs4.36 a year earlier.

Net revenue for the nine-month period stood at Rs4.74 billion, down from Rs5.03 billion in the same period last year. However, the company managed to improve its gross profit to Rs867.74 million, compared with Rs794.26 million previously, supported by better cost management and improved margins. Operating profit also increased to Rs533.35 million, up from Rs493.83 million in the corresponding period.

For the third quarter alone, Ecopack earned Rs152.59 million, compared with Rs126.23 million in the same quarter last year, while quarterly EPS rose to Rs3.16 from Rs2.62.

The company’s financial position also strengthened during the period. Total assets increased to Rs4.58 billion as of March 31, 2026, from Rs3.35 billion at the end of June 2025, while shareholders’ equity rose to Rs1.81 billion, reflecting higher retained earnings.

In its corporate announcement, the Board confirmed that it had not recommended any interim cash dividend, bonus shares, or right shares for shareholders. The company stated that its detailed nine-month and third-quarter financial report would be transmitted separately through PUCARS.

Ecopack’s latest results indicate that the company has successfully enhanced profitability despite softer sales, highlighting the positive impact of operational efficiencies and disciplined cost management during the reporting period.