FLASHNEWS:

Interloop Ltd Projects Significant Earnings Growth for 2QFY26

Karachi: Interloop Ltd is expected to report a notable increase in earnings for the second quarter of fiscal year 2026, according to a recent press release by JS Global. The company is scheduled to announce its financial results on February 4, 2026. Analysts anticipate an earnings per share (EPS) of Rs1.49 for the quarter, marking a 1.8 times increase compared to the same period last year. This would bring the EPS for the first half of FY26 to Rs3.49, reflecting a 3.6 times increase year-over-year.

According to JS Global, the positive outlook for Interloop Ltd is attributed to several factors, including a gradual reduction in operating losses within the Apparel segment, increased revenues in the Hosiery segment following recent capacity additions, an expansion in margins, and a 35% year-over-year decline in financial charges. The company is also seen as well-positioned to navigate the challenges posed by new U.S. tariffs and the EU-India free trade agreement, thanks to its strong global presence and vertical integration.

JS Global has reaffirmed its Buy rating for Interloop Ltd, setting a target price of Rs108, citing the company's competitive edge against regional players such as India, due to its less competitive product mix and robust business strategy.