Pakistan’s leading pipe manufacturer International Industries Limited (IIL) reported a steep decline in earnings for the fiscal year ended June 30, 2025.
Net profit fell nearly 59pct YoY to PKR 1.58 bln (USD 5.5 mln) from PKR 3.83 bln in the previous year, the company said in a stock exchange filing.
Consolidated revenue also dropped 13.4pct YoY to PKR 85.8 bln (USD 302 mln).
International Industries Limited is Pakistan’s leading manufacturer of steel pipes, tubes, stainless steel tubes, and polymer pipes and fittings with an annual manufacturing capacity of 817,000 tons.
1 USD / 283.7 PKR