Ismail Industries Limited, the Karachi-listed maker of CandyLand sweets, Bisconni biscuits and SnackCity crisps, closed the year to 30 June 2025 with a noticeably softer top line in its core Pakistan food business. On a standalone basis (which most closely reflects the domestic confectionery and biscuits operations), net sales fell to Rs105.2 billion from Rs108.9 billion, a drop of 3.4%, even as the company kept factories running and distribution humming nationwide.
Gross profit also slipped, to Rs21.8 billion from Rs24.0 billion, while operating profit eased to Rs10.8 billion from Rs14.0 billion. Full-year profit after tax on an unconsolidated basis came in at Rs5.75 billion versus Rs6.13 billion last year, with EPS at Rs86.64 compared to Rs92.41 a year earlier. Selling and distribution costs rose to Rs9.15 billion from Rs8.28 billion, reflecting the cost of staying visible in stores even as volumes lagged.
The board nevertheless proposed a final cash dividend of Rs5 per share (50%), suggesting confidence in balance-sheet strength and cash generation despite the slower year for treat purchases. The company has scheduled its AGM for 8 October in Karachi, and will close its share transfer books from 2–8 October to determine entitlements. The content in this publication is expensive to produce. But unlike other journalistic outfits, business publications have to cover the very organizations that directly give them advertisements. Hence, this large source of revenue, which is the lifeblood of other media houses, is severely compromised on account of Profit’s no-compromise policy when it comes to our reporting. No wonder, Profit has lost multiple ad deals, worth tens of millions of rupees, due to stories that held big businesses to account. Hence, for our work to continue unfettered, it must be supported by discerning readers who know the value of quality business journalism, not just for the economy but for the society as a whole.To read the full article, subscribe and support independent business journalism in Pakistan
