Friday, April 18, 2025

Hemas Holdings posts Rs. 3b earnings in 3Q – FY25

by damith
February 16, 2025 1:11 am 0 comment 42 views

Hemas Holdings PLC, a public quoted company, posted a consolidated earnings of Rs. 3 billion in the 3Q of FY25 reflecting a 36.3% year-on-year increase while notching a turnover growth of 6.4% to Rs. 33.2 billion and an operating profit increase of 25.7% to Rs. 4.9 billion.

The Group achieved a revenue increase in the third quarter, reflecting the resilience and commitment of the Group to drive growth, resulting in a cumulative revenue of Rs. 87.6 billion. Cumulative earnings and operating profit increased to Rs. 5.5 billion and Rs. 9.9 billion, a growth of 20.9% and 12.5% . The share price of the company closed at Rs. 103.25, a 32.2% growth for the quarter. In line with the company’s commitment to delivering value to its shareholders, an interim dividend of Rs. 1.00 per share was declared on November 6, 2024, for the financial year ending March 31, 2025.

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