Nestlé Pakistan Income Statement

Financials in millions PKR. Fiscal year is January - December.

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	202,712	199,069	193,206	200,605	162,516	133,295
Revenue Growth (YoY)	7.15%	3.03%	-3.69%	23.44%	21.92%	12.22%
Cost of Revenue	128,767	126,812	123,682	129,845	107,065	92,803
Gross Profit	73,945	72,257	69,524	70,760	55,451	40,492
Selling, General & Admin	41,163	40,136	39,975	36,207	28,672	18,915
Operating Expenses	41,163	40,136	39,975	36,207	28,672	18,915
Operating Income	32,781	32,121	29,549	34,553	26,779	21,578
Interest Expense	-404.61	-485.97	-2,485	-2,432	-2,317	-1,823
Interest & Investment Income	500.94	500.94	173.03	371.78	42.35	21.41
Currency Exchange Gain (Loss)	-141.9	-141.9	-124.58	-1,163	-396.03	-408.14
Other Non Operating Income (Expenses)	-1,873	-2,134	-1,699	-2,252	-1,562	-1,145
EBT Excluding Unusual Items	30,863	29,860	25,413	29,078	22,547	18,223
Gain (Loss) on Sale of Assets	227.49	227.49	70.54	10.62	202.31	119.68
Asset Writedown	-427.09	-427.09	20.28	-43.51	42.54	-389.04
Other Unusual Items	20.55	20.55	-0.05	-	-	-
Pretax Income	30,684	29,681	25,504	29,045	22,792	17,954
Income Tax Expense	12,827	12,437	10,696	12,552	7,742	5,185
Net Income	17,857	17,244	14,808	16,493	15,050	12,768
Net Income to Common	17,857	17,244	14,808	16,493	15,050	12,768
Net Income Growth	21.15%	16.45%	-10.22%	9.59%	17.87%	43.71%
Shares Outstanding (Basic)	45	45	45	45	45	45
Shares Outstanding (Diluted)	45	45	45	45	45	45
EPS (Basic)	393.75	380.24	326.53	363.68	331.86	281.55
EPS (Diluted)	393.75	380.24	326.53	363.68	331.86	281.55
EPS Growth	21.15%	16.45%	-10.22%	9.59%	17.87%	43.71%
Free Cash Flow	26,735	29,905	26,978	14,893	12,982	10,209
Free Cash Flow Per Share	589.52	659.42	594.89	328.41	286.26	225.12
Dividend Per Share	557.000	557.000	166.000	193.000	335.000	285.000
Dividend Growth	235.54%	235.54%	-13.99%	-42.39%	17.54%	46.91%
Gross Margin	36.48%	36.30%	35.98%	35.27%	34.12%	30.38%
Operating Margin	16.17%	16.14%	15.29%	17.22%	16.48%	16.19%
Profit Margin	8.81%	8.66%	7.66%	8.22%	9.26%	9.58%
Free Cash Flow Margin	13.19%	15.02%	13.96%	7.42%	7.99%	7.66%
EBITDA	36,987	36,203	33,279	38,222	30,472	25,262
EBITDA Margin	18.25%	18.19%	17.22%	19.05%	18.75%	18.95%
D&A For EBITDA	4,205	4,082	3,729	3,669	3,693	3,684
EBIT	32,781	32,121	29,549	34,553	26,779	21,578
EBIT Margin	16.17%	16.14%	15.29%	17.22%	16.48%	16.19%
Effective Tax Rate	41.80%	41.90%	41.94%	43.22%	33.97%	28.88%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.