Nishat Mills Limited (NML): 3QFY25 EPS clocked in at PKR1.98 – Below expectation - By Insight Research
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">NML has announced its 3QFY25 result, wherein the company has posted
unconsolidated PAT of PKR696mn (EPS: PKR1.98) vs. LAT of PKR286mn (LPS:
PKR0.81) in SPLY. The result is significantly below our expectation due to
lower than expected gross margin and higher ETR.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In 3QFY25, company’s topline clocked in at PKR45.2bn compared to
PKR43.3bn in SPLY, up by ~5% YoY, possibly attributable to higher
volumetric sales. While on QoQ basis, same is down by ~2%</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Dollarize revenue clocked in at US$162.0mn in 3QFY25 vs. US$155.8mn in
SPLY, up by ~4% YoY.</span></li>...
