KARACHI: Following the meeting of the Board of Directors, Lucky Core Industries Limited (the ‘Company’) announced its financial results for the quarter ended September 30, 2024.

On a consolidated basis, net turnover for the quarter under review at Rs 30,729 million is higher by 6 percent over the same period last year (SPLY).

The consolidated Operating Result stood at PKR 4,238 million, which is higher by 3% in comparison to the SPLY.

On a consolidated basis, PAT for the quarter at Rs 2,624 million and EPS attributable to the owners of the holding company at Rs 28.41 are both 3 percent higher than the SPLY.

On a standalone basis, PAT and EPS for the quarter under review at Rs 2,595 million and Rs 28.10 respectively are 3 percent higher than the SPLY. PAT, primarily, has been impacted by higher tax incidence following changes in the Federal Budget FY 2024-25 whereby exports have been reclassified under the Normal Tax Regime as opposed to a Fixed Tax Regime in the SPLY.

Copyright Business Recorder, 2024