KARACHI: International Packaging Films Limited (IPAK) has announced a consolidated revenue of PKR 11.13 billion for the first quarter ended September 30, 2026, reflecting a 9.2% increase over the same period last year. The Board of Directors convened in Karachi to discuss these financial results, highlighting stable profitability despite a challenging margin environment.

According to International Packaging Films Limited, the Group's consolidated profit after tax was PKR 705 million, a consistent performance compared to last year's PKR 704 million, with earnings per share rising to PKR 1.08 from PKR 1.01. Gross profit was reported at PKR 1.62 billion, a slight decrease from PKR 1.75 billion in the corresponding quarter, while finance costs saw a reduction of 16%.

The Group's strategy has shifted to optimizing its expanded manufacturing platform and improving its product mix, following significant capacity growth in FY2026. Export sales showed a notable increase, nearly doubling to PKR 3,515 million, approximately USD 12.68 million, compared to PKR 2,442 million previously. On a standalone basis, IPAK's revenue was PKR 3.42 billion, with a profit after tax of PKR 211 million.

The Group is preparing for potential supply chain difficulties due to the ongoing Middle East crisis, which could affect raw material availability, shipping routes, delivery timelines, and costs. Management's focus remains on ensuring supply continuity, maintaining operational resilience, managing working capital, and enhancing efficiency and export development.