Financial Results for the First Quarter Ended 30 September 2025

‌INTERNATIONAL PACKAGING FILMS LIMITED

24th October, 2025

The General Manager

Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road Karachi.

Dear Sir,

We have to inform you that the Board of Directors of our company in their meeting held on 24th October, 2025 at 10:30 AM at 40-L-1 Block 6, PECHS, the Registered Office of the company, recommended the following:

(I) CASH DIVIDEND

Nil

1. BONUS SHARES

   Nil

2. RIGHT SHARES

   Nil

3. ANY OTHER ENTITLEMENT/CORPORATE ACTION

   None

4. ANY OTHER PRICE-SENSITIVE INFORMATION

None

The Report of the Company for the quarter ended 30th September 2025 will be transmitted through PUCARS separately within the specified time and shall also be made available on the Company's website https://www.ipak.com.pk.

Yours Sincerely,

Company Secretary

REGISTERED OFFICE

Plot # 40-L-1, P.E.C.H.S, Block 6, Near Jason Trade Centre, Karachi 75400, Pakistan.

+922134384044, +9234348046 +922134384048

PLANT

IPAK Plant, Manga Chowk, Raiwind, Bypass Road, Raiwind District, Lahore 55150, Pakistan.

+924235398166, +924235398167

https://www.ipak.com.pk support@ipak.com.pk

Revenue from contracts with customers Cost of sales

------------ (Rupees in ’000) -----------

13 10,190, 749 7,636,046

(8,426,935) (6,616,989)

• Current

• Deferred

  Net profit after tax for the period	704,266		90.554
  Profit attributable to: - Owners of holding company	795,307		246,432
  - Non-controlling interest (NCI)	(91,041)		(155,878)

  Earnings per share

  704,266 90,554

  (Restated)

• basic & diluted

Other Comprehensive Income

Items that will be subsequently reclassified to consolidated statement of profit or loss

Foreign operations - foreig n currency translation diWerence

1.14

(263)

0.35

Total Comprehensive Income for the period

Total Comprehensive income attributable to:

704003 90554

• Owners of Holding Company

  795,044

  246 432

• Non-controlling interest (NCI)

(91,041) (155.878)

704,003 90.554

The annexed noles from 1 Io 20 form an integral part of these consolidated condensed inter m ti»anc a1

statements. ,/

Naveed Godil Chief Executive Officer

Saad Amanullah Khan Director & Chairman Board Audit Committee

Syed Haris Saltm Chief Financial Officer

INTERNATIONAL PACKAGING FILMS LIMITED

CONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT SEPTEMBER 30, 2025 (UN-AUDITED)

tUn-audited) IAtJdited i

September 30, June 30.

2025 202

ASSETS

NON CURRENT ASSETS

Property. plant and equipment

Right-of-use assets Intangible assets Long-lerm loans Long-lerm deposits

Note —------ R upe es in '000 --------

Share capitaI

Issued, subscribed and paid-up capital

Capital reserves Share premium

Reserve for investment n subsidiaries

Revaluation surplus on property. planl and equipment

Revenue reserves Unappropriated proFils Exchange trans|ation reserves

TOTAL SHAREHOLDERS' EQUITY

Non

14,698, 047 13.903 003

2,619, 074 _ ?. 568,515

17,317,121 16,4 7 * II g

NONTURRENT LIABILITIES

Long-term financing - secured Deferred income - government grant Deferred Taxation - net

Staff retiremenI benefits

CURRENT LlABlLlTlES

9

8,429,459 7 .°7fJ,296

The annexed notes from 1 lo 20 form an inlegral part of these consolidated comdense‹I inlerim finand:ioI sIslemo Is

Naveed Godil Chief Executive Officer

Saad Am anullah Khan Director & Chairm an Board Audit Comm ittee

Sy e d Haris Satim

Chief Financ iai Office r

INTERMATIONAL PACKAGING FILMS LIMITED

CQNSOLtDATED CONDENSED INTERIM STATEMENT DF CHANGES IN EQUITY FOR THE QUARTER ENDED SEPTEMBER 30, 2025 (UN-AUDITED)

Issued, Capital Revenue Non• subscribed reserves reserves controllin g and paid-up Share Reserve for unappropr a‹+d exchange nterest

capital Premium in vestment in pro0ts / translaw ion

s ub sidiaIf es ac cumudated reserves

T otal

The annexed noles from 1 la 20 form an inlegra| part of these consoiidated condense d inIer m iinanc iai s latern ents

Naveed Godil Chief Executive Officer

Saad Amanullah Khan Director & Chairman Board Audit Committee

Sye d Haris Salim

Chief FinanciaI Officer

-——- Rupees in '000 ---—--

CASH FLOWS FROM OPERATING ACTIVITIES

Cash (used in) I generated from operations Finance costs paid

Staff retirement benefits paid

Income tax and levies paid Decrease in long term loans Increase in long-term deposits

15 (330,590)

(850,888)

Net cash (used in) / generated from operating activities

(734,491) (722,863) (1,065,082) (1,573,751)

CASH FLOWS FROM INVESTING ACTIVITIES

Payment for acquisition of property, plant and equipment Payment for acquisition of intangible assets

Return on PLS savings accounts

Net cash (used in) investing activities

Lease rentals paid

Receipt against issue of shares to non-controlling interest Receipt of short term borrowings - net Proceeds/(Repayment) of long-term financing

Net cash generated from financing activities

Net increase / (decrease) in cash and cash equivalents

Cash and cash equivalents at the beginning of the period EPects of exchange rate changes in cash and cash equivalent Cash and cash equivalents at the end of the period

(161,101)

1,183,939

(42,244)

(1,486,374)

(263)

16 (1,528,881)

(219,925)

1,977,943

184,267

245,918

430,185

The annexed notes from 1 to 20 form an integral part of these consolidated condensed interim financial statements.

Naveed Godil Chief Executive Officer

Saad Amanullah Khan Director & Chairman Board Audit Committee

Syed Haris Salim Chief Financial Officer

Profit for the year after taxation

182,613

19,887

Earnings per share - basic & diluted

(Rupees)

(Restated)

0.26 0.OF

The annexed notes from 1 to 21 form an integral part of these unconsolidated financial statements

Naveed Godil Ghief Executive Officer

Saad Amanullah Khan Director & Chairman Board Audit Committee

Syed Haris Salim Chief Financial OPicer

INTERNATIONAL PACKAGING FILMS LIMITED

UNC ONSOLTDATED STATEMENT OF F TNANCIAL POSITION AS AT SEPTEMBER 30, 2025 (UN-AUDITED)

ASSETS

NON-CURRENT ASSETS

Property. planl and equipment Right-of-use assels

Intang ible assets

Long-term in'vestmenIs - subsidi anes Loan to subsidiaries

Long-lerm loans Loog-term deposits

{Un-audited) tAudii.•d,

September Jur+e Note 2025 20? S

tRupee s +n ’000)

s 3rs

52,255

6 43,952,900

1,370,7 26

2t ,631

7 4,265 74.265

47,74d,94 8

TOTAL AT SETS

EQUITY AND L}ABILTES

SHARE CAPITAL AND REVERVES

Share capital

Issued, subscribed and paid-up capital

fl,732, 503

$6,47 7,aII

7,002,000

* /. 036 646

' 00 2 000

Share premium

Reserve for investment in subsidiaries

Revaluation surplus on property. pram and equipmenI Revenue .

Unappropnafed profit

TOTAL SHAREHOLDERS” EQUfTY LIABIWES

NON•CURRENT LWBILJTIES

LO09-‹•- r•a•cing - secured Deferred income Government gram Deferred taxation - net

Stafi retirement benefits

C JRRENT LWBILITTE S

Trade and older pa@ble s

Contract iiabiiilies

Short-lerm borrowings - secured

Currenl portion of long-lerm financing - secured Current portion of deferred income - govemment gram Current portion of lease liabilities

Taxaton - net

TOTAL LLABILTTIES

C ONTINGENC IES AND COMMITMENTS TOTAL EQUITY AND LIABILITIES

3, Z$9, 000

2,294.481

15,02?,203

9

1,598.736

10

9.852,522

11,451, 248

26,4 77,451

2 036 64 ?n

the annexed notes from ie 21 form an )nlegral [Part of lhese unronsolidated finant ial staye menIs

Naveed Godil

Chief Eve cutiv e Officer

Saad Am anullah Khan Oire ctor & Cha irm an Boa rd Audit Committee

Sy ed Haris Sa lim

Chie I Fin ancial Office r

INTERNATIONAL PACKAGING FILMS LTMTTED

UNCONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE QUARTER ENDED SEPTEMBER 30, 2025 (UN-AUDITED)

Is sued, C apitaI

subscribed reserves Revenue reser ve

a°° la i°-‘ Share premium Reserve for Unappropriated

*“ *!“’ investment n profits

s ubs idi ariGs

Tota!

---—-----—--——------—-------—- (Rupees in '000) •----—---•--•-••-—-----+---—- -—•• - -

Balance as at Ju Iy 1, 2024

1,002,000

2,47 0,722

3,259,000

1, 2 59,985

13.991 7 07

Profil ror the year

Other comprehensive loss for fhe year

Total comprehenslve (loss) / income for the year

Bonus shares issued in the ratio of 50 bonus shares for every 100 shares held

Balance as at 5 eptember 30, 2024

I

w›,88?

002,000

2,470.7 22 3,259, 000 d,i79,8I2 14.01 1,594

Balance as aI July 1 2025

Profi for the year

Olher comprehensive income / (loss) for the year Tofal comprehens we income for the year

3, 259, 000

2,1 1 1,868

4.843. S90

183.613

4 82, 6 13

Balance as at September 30. 2025

7,002,OOO

2,470,722

3,259,000

2,294,481 15, 026.203

The annexed notes from 1 to 21 form an inleg ral part of lhes.° uncons olidaled financi a I s latements

Naveed Godil Ghief Executive Officer

Saad Amanullah )'than Director & Chairman Board Audit Comm ittee

Syed Haris Salim Chief Financial Office r

INTERNATIONAL PACKAGING FILMS LIMITED

UNCONSOLIDATED STATEMENT OF CASH FLOWS

FOR THE QUARTER ENDED SEPTEMBER 30, 2025 (UN-AUDITED)

Note

(Restated) (Un-audited) (Un-audited) September 30, September 30

2025 2024

(Rupees in '000)

The annexed notes from 1 to 21 form an integral part of these unconsolidated financial statements.

Naveed Godil Chief Executive Officer

Saad Amanullah Khan Dlrector & Chairman Board Audit Committee

Syed Haris Salim Chief Financial Officer