SPEL Ltd closed fiscal 2025 with a sharp rebound in profitability on the back of stronger sales, improved operating leverage, and disciplined energy management, underscoring the leverage that a packaging supplier can enjoy when consumer staples volumes recover. The company – best known for making plastic packaging for blue-chip fast-moving consumer goods (FMCG) clients and precision parts for automotive OEMs – also flagged new business dialogues in autos and a continuing push to de-risk power costs through solar, even as it acknowledged that its resin-heavy cost base remains exposed to imports.
According to the company’s briefing, the top line expanded and the margin structure improved meaningfully as the mix stabilised and cost controls took hold. 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
