Karachi: Quice Foods Ltd. recently held an analyst briefing to discuss its fiscal year 2025 financial performance and the company's future outlook. The briefing highlighted significant developments, including a notable revenue increase and improved gross margins, despite reporting a net loss.

Quice Foods reported a revenue of PkR1.1 billion for FY25, marking a 21% increase from PkR0.9 billion in the previous fiscal year. This growth was attributed to a 74% rise in local sales, driven by new plant inductions and strong brand performance.

Gross margins improved to 17% in FY25, up from 14% in the previous year. The company credited this improvement to a rebound in domestic revenue and effective direct cost control measures.

Despite these gains, Quice Foods reported a loss of PkR11.7 million (LPS: PkR0.12) for FY25. This is a significant reduction from the PkR27.13 million loss (LPS: PkR0.28) recorded in the same period last year, reflecting a 57% year-on-year decline. The company attributed this improvement to cost management initiatives implemented across its value chain.

The briefing provided a comprehensive overview of Quice Foods' financial health and strategic direction, offering insights into the company's efforts to strengthen its market position through operational efficiencies and brand development.