Interloop Limited (ILP): 1QFY25 Result Review & AGM Notes – By Sherman Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Interloop Limited (ILP) announced 1QFY25 result today where in company posted unconsolidated earnings of Rs222mn (EPS of Rs0.16) as compared to net earnings of Rs6bn(EPS of 4.3) during the same period last year, down by 96%YoY. The result came lower than our expectation due to lower than expected gross margins and higher taxation. Moreover, company did not announced any cash dividend during 1QFY25.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">During 1QFY25, the company&rsquo;s topline surged by 19%YoY to Rs41.6bn mainly due to higher value added products export amid higher global demand during the period.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:me...