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CIC Holdings delivers resilient FY25 results with 9% topline growth
The Island
|June 06, 2025
Agriculture-rich diversified conglomerate CIC Holdings PLC (CSE: CIC) recorded steady revenue growth during the year ended 31 March 2025 (FY25), navigating macroeconomic headwinds and intense competition.
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The Group posted consolidated revenue of Rs. 83.3 billion, reflecting a 9.0% year-on-year (YoY) growth, driven by broad-based momentum across its core businesses.
Group gross profit rose to Rs. 22.2 billion, a 7.3% increase YoY, with gross margins holding steady at 26.7%. Group EBITDA remained resilient at Rs. 12.4 billion, reflecting the continued strength of CIC’s operating model. The Group recorded a PAT of Rs. 6.6 billion, which appears lower in comparison to the previous year due to a one-off gain of Rs. 5.3 billion recognised in FY24 from a bargain purchase related to the JKH investment. Adjusting for this exceptional item, CIC's underlying performance remained stable.
This story is from the June 06, 2025 edition of The Island.
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