IPAK Group reported consolidated net profit of Rs. 2.36 billion for the nine months ended March 31, 2026, compared with Rs. 749 million in the same period last year, according to the company’s latest financial statement.
Earnings per share increased to Rs. 3.50, reflecting improved profitability during the period.
The Group’s consolidated sales rose 16.8 percent to Rs. 30.43 billion, up from Rs. 26.06 billion a year earlier. Growth was supported by higher production volumes across its packaging film operations, including BOPP, BOPET, and CPP segments.
Export sales increased to Rs. 7.34 billion, compared with Rs. 6.07 billion last year, accounting for about 24 percent of total revenue.
Consolidated gross profit climbed to Rs. 5.78 billion from Rs. 3.62 billion, while operating profit rose to Rs. 4.64 billion, up from Rs. 2.76 billion in the corresponding period. The improvement indicates stronger margins and better operational performance.
Finance costs declined 13.4 percent to Rs. 1.44 billion, despite higher business activity, mainly due to improved working capital management and internal cash generation.
On a standalone basis, IPAK recorded sales of Rs. 9.94 billion. Net profit increased to Rs. 810 million, nearly double the Rs. 424 million reported in the same period last year. Gross profit rose 26.6 percent to Rs. 2.24 billion.
Company management said operations continued despite supply chain disruptions, with production maintained to meet domestic food packaging demand.
The Group operates in flexible packaging films used primarily in food and consumer goods packaging and remains active in both domestic and export markets.