International Packaging Films Limited (IPAK) reported consolidated revenue of Rs11.13 billion for the first quarter ended 30 September 2026. This figure represents a 9.2 percent year-on-year increase in consolidated revenue.
Profit after tax remained nearly unchanged at Rs705 million, compared to Rs704 million during the same period last year. Earnings per share rose to Rs1.08 from Rs1.01 in the corresponding quarter of the previous year.
Gross profit fell to Rs1.62 billion, down from Rs1.75 billion in the same quarter last year. Finance costs dropped by 16 percent during the period.
Export sales nearly doubled to Rs3.515 billion, which is equivalent to approximately $12.68 million. The company recorded Rs2.442 billion in export sales during the same quarter last year.
On a standalone basis, IPAK recorded revenue of Rs3.42 billion and a profit after tax of Rs211 million. IPAK stated that margins reflected the normalization of trading conditions after stronger performance in the two quarters preceding fiscal year 2026.
