Interloop posts nearly 357% rise in H1 FY2026 profit, announces Rs2 interim dividend

Interloop Limited reported a sharp increase in profitability for the half year ended December 31, 2025, as the board of directors approved an interim cash dividend of Rs2 per share, according to a notice submitted to Pakistan Stock Exchange.

The board meeting was held on February 4, 2026, during which directors approved the interim dividend for the period ended June 30, 2025, representing 20 percent. No bonus shares, right shares, or other corporate actions were announced.

For the half year ended December 31, 2025, Interloop posted an unconsolidated profit after tax of Rs6.27 billion, up from Rs1.37 billion in the same period last year. Earnings per share for the half year rose to Rs4.47 from Rs0.98 a year earlier, reflecting a significant improvement in operating performance.

Net sales during the half year increased to Rs87.42 billion, compared with Rs83.97 billion in the corresponding period of 2024. Gross profit stood at Rs20.62 billion, up from Rs16.28 billion last year, supported by improved margins despite higher costs.

Administrative expenses rose to Rs5.04 billion from Rs4.65 billion, while distribution costs increased to Rs2.71 billion from Rs1.65 billion. Finance costs for the half year declined to Rs3.36 billion from Rs5.55 billion, contributing to higher profitability.

On a quarterly basis, Interloop reported profit after tax of Rs3.47 billion for the quarter ended December 31, 2025, compared with Rs1.15 billion in the same quarter last year. Quarterly earnings per share increased to Rs2.47 from Rs0.82.

The company’s unconsolidated total assets stood at Rs179.0 billion as of December 31, 2025, compared with Rs176.7 billion at June 30, 2025. Equity increased to Rs60.01 billion from Rs53.40 billion over the same period, driven by retained earnings.

On a consolidated basis, profit attributable to shareholders for the half year reached Rs5.90 billion, compared with Rs1.48 billion in the same period last year. Consolidated earnings per share rose to Rs4.30 from Rs1.06.

Interloop Limited is a textile manufacturer based in Faisalabad. It supplies socks and leggings to retailers consisting of Nike, Adidas, H&M, Puma, Levi's, Reebok and Target. The company has five hosiery manufacturing divisions, located in Pakistan, Bangladesh and Sri Lanka.