Air Link Communication Limited Reports Rs1.48Bn Profit in 2QFY25

Air Link Communication Limited (PSX: AIRLINK) has reported a profit-after-tax (PAT) of Rs1.48 billion for the second quarter of fiscal year 2025 (2QFY25), reflecting an 18% increase compared to the same period last year and a 46% rise from the previous quarter. Earnings per share (EPS) for the quarter stood at Rs3.75.

For the first half of FY25, the company’s total earnings reached Rs2.32 billion, with an EPS of Rs5.87—indicating a 14% year-over-year (YoY) growth. Topline Securities noted that these results were in line with industry expectations.

The company also announced a cash dividend of Rs2.5 per share, along with a stock split at a 5:1 ratio. This means each shareholder will receive five shares of Rs2 for every single Rs10 share, pending shareholder and regulatory approvals. An Extraordinary General Meeting (EOGM) has been scheduled for March 27, 2025, to finalize the decision.

Gross margins improved to 9.2% in 2QFY25 from 7.7% in 2QFY24, benefiting from better cost absorption. Net sales for the quarter were recorded at Rs35 billion, showing a slight 1% YoY decline but an impressive 60% jump from the previous quarter, primarily driven by higher sales volumes.

Air Link Communication stated that the stock split aims to enhance market accessibility, boost liquidity, and align the share price for broader investor participation. Meanwhile, the effective tax rate for the quarter stood at 19%, compared to 16% in 2QFY24 and 31% in 1QFY25.