KARACHI: Interloop Limited, a leading Pakistani manufacturer and exporter of socks, hosiery and apparel, reported strong earnings for the second quarter of FY26, with profit rising well above expectations.
The company posted consolidated earnings of Rs3.2 billion, translating into earnings per share of Rs2.25, up nearly three times from a year earlier and 15 per cent higher than the previous quarter. According to Topline Research, the improvement was mainly driven by higher other income and lower finance costs.
For the first half of FY26, Interloop’s consolidated profit reached Rs5.9 billion, or Rs4.21 per share, around four times higher than the same period last year. Alongside the results, the company announced an interim dividend of Rs2 per share, its first interim payout in two years.
Other income rose sharply to Rs1 billion during the quarter, more than three times higher than last year, largely due to gains from export-related transactions. Lower interest rates helped reduce finance costs by 38 per cent year on year to Rs1.7 billion.
Net sales edged up 1.0 per cent year on year to Rs45 billion in the quarter, while first-half sales increased 3.0 per cent to Rs90.4 billion. Profit margins improved to 23.43 per cent, supported by stronger sales and better performance in the apparel segment.
