KARACHI:
Sui Northern Gas Pipelines Restricted (PSX: SNGP) introduced a robust monetary efficiency for the fiscal 12 months ended March 31, 2025, posting a 79.65% surge in web profit to Rs18.98 billion, in comparison with Rs10.56 billion recorded within the earlier 12 months.
In keeping with a inventory submitting on Monday, the corporate’s earnings per share (EPS) climbed to Rs29.92, up sharply from Rs16.66 a 12 months in the past. The board additionally declared a ultimate money dividend of Rs7.50 per share, representing 75% of the paid-up capital.
The corporate’s whole income elevated by 12.24% year-on-year to Rs1.53 trillion, pushed primarily by a 27.1% rise in gas sales income to Rs1.37 trillion. This strong sales progress offset a 44.3% drop in tariff changes throughout the interval.
Gross profit for the 12 months jumped by 29.96% to Rs44.41 billion, aided by improved income era and a pointy 55.4% discount in different bills. In the meantime, different revenue rose 50.6% to Rs54.64 billion, reflecting the corporate’s ongoing deal with operational efficiencies and ancillary income streams.
Working profit surged by 57.84% to Rs67.88 billion, regardless of a 39.7% improve in finance prices to Rs38.04 billion, largely pushed by higher rates of interest.
Profit earlier than revenue tax doubled to Rs21.81 billion, up from Rs10.86 billion final 12 months. Though the corporate’s tax burden rose considerably — with revenue tax bills surging 845% — the robust topline and operational progress supported a wholesome backside line.
Following the earnings and dividend announcement, SNGP’s share worth gained Rs3.70 or 2.5% to shut at Rs151.20 on the Pakistan Inventory Change (PSX), outperforming the broader market.
