Symmetry Group's profit jumps 14% to Rs47m in Q1FY26

30-Oct-2025


MettisGlobal


October 30, 2025 (MLN): Symmetry Group Limited (PSX: SYM) reported a profit after tax of Rs47m for the quarter ended September 30, 2025, representing a solid 13.69% increase from Rs41.3m in the corresponding period last year.

Earning per share stood at Rs0.16 compared to Rs0.14 in SPLY, reflecting a 14.29% improvement in shareholder returns.

Revenue (net sales) grew 5.14% year-on-year to Rs188.4m from Rs179.2m, demonstrating healthy top-line expansion during the period. Cost of services increased 13.95% to Rs76.6m from Rs67.2m.

Gross profit remained relatively flat, declining marginally by 0.15% to Rs111.8m against Rs112m, with the gross margin compressing to 59.3% from 62.5% in the prior year, indicating moderate pressure from rising service delivery costs despite revenue growth.

Administrative and selling expenses increased 17.35% to Rs62.8m from Rs53.5m. Other income surged significantly by 292.43% to Rs9.83m from Rs2.5m last year, providing substantial support to profitability.

Finance costs declined 33.05% to Rs7.12m from Rs10.64m in the previous year, providing meaningful relief to the bottom line.

Operating profit declined 16.17% to Rs49m from Rs58.5m, reflecting the impact of higher operating expenses.

Profit before levies and taxation increased 17.76% to Rs51.7m from Rs50.3m. Taxation (net) fell sharply by 47.28% to Rs4.76m from Rs9.02m in SPLY.

The company concluded 1QFY26 with a profit for the period of Rs47m, delivering a net profit margin of 24.9% compared to 23.1% in 1QFY25.

The profit growth was driven by solid 5.14% revenue expansion, a substantial 292% surge in other income, a 33% reduction in finance costs, and a significant 47% decrease in taxation, which more than offset the impact of a 17% increase in administrative and selling expenses and modest gross margin compression, marking an improvement in overall financial performance despite operational cost pressures.

STATEMENT OF PROFIT OR LOSS FOR THE QUARTER ENDED SEPTEMBER 30, 2025 (Rs.)

Description

2025

2024

Change%

Revenue - net (Net Sales)

188,383,013

179,177,457

5.14%

Cost of services

(76,585,545)

(67,210,815)

13.95%

Gross profit

111,797,468

111,966,642

-0.15%

Administrative and selling expenses

(62,785,538)

(53,502,459)

17.35%

Operating profit

49,011,930

58,464,183

-16.17%

Other income / (expense) - net

9,826,463

2,504,009

292.43%

Finance costs

(7,124,356)

(10,641,985)

-33.05%

Profit before levies and taxation

51,714,037

50,326,207

2.76%

Taxation - net

(4,757,317)

(9,023,479)

-47.28%

Profit after taxation

46,956,720

41,302,728

13.69%

- Equity holders of the parent

46,152,293

41,262,301

11.85%

- Non-controlling interest

804,427

40,427

1889.83%

Earning per share - basic and diluted

0.16

0.14

14.29%