Karachi, September 19, 2025 – Murree Brewery Company Limited on Friday announced strong financial results, declaring a surge of more than 24% in net profit for the year ended June 30, 2025.
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Murree Brewery Posts 84% Profit Surge in Nine Months of FY24
In a robust performance, Murree Brewery Company Limited has recorded a significant 84% increase in its profits for the first nine months of fiscal year 2023-24. The company’s after-tax profit soared to Rs 1.79 billion, up from Rs 973 million in the corresponding period of the previous fiscal year.
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Murree Brewery annual tax payment increases 139%
Murree Brewery Company Limited – Pakistan’s largest and oldest producer of alcoholic products – on Thursday announced financial results for the year ended June 30, 2022. The annual profit of the company remained flat at Rs1.29 billion as tax payment surged by 139 per cent.
According to financial statement submitted to the Pakistan Stock Exchange (PSX), Murree Brewery posted after tax profit of Rs1.294 billion for the year ended June 30, 2022 as compared with Rs1.291 billion in the preceding year.
The company paid an amount Rs899 million as tax for the year under review as compared with Rs376.38 million in the preceding year, showing a rise in tax payment by 139 per cent.
The board of directors of the company met on September 22, 2022 and recommended a final cash dividend for the year ended June 30, 2022 at Rs10 per share i.e. 100 per cent. This is in addition to interim dividends already paid at Rs25 per share i.e. 250 per cent.
The gross profit of the company increased to Rs3.54 billion for the year ended June 30, 2022 as compared with Rs2.97 billion in the preceding year.
Net turnover increased to Rs15.23 billion for the year under review as compared with Rs11.68 billion in the preceding year.
Operating profit of the company increased to Rs1.83 billion when compared with Rs1.44 billion.
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Murree Brewery registers 22% growth in quarterly profit
KARACHI: Murree Brewery Company Limited on Friday announced financial results for the quarter ended September 30, 2021. The profit after tax of the company increased by 22 per cent to Rs437 million for the quarter under review as compared with Rs357.2 million in the corresponding quarter of the last year.
The company declared earning per share (EPS) at Rs15.80 for the period as against Rs12.91 in the same period of the last year.
The board of directors of Murree Brewery Company Limited in their meeting held on October 22, 2021 recommended an interim cash dividend for the quarter ended September 30, 2021 at Rs5 per share i.e. 50 per cent. However, the board has not recommended any bonus shares, right shares or any other entitlement.
According to the financial results submitted to the Pakistan Stock Exchange (PSX), the company’s net turnover increased to Rs3.71 billion for the quarter ended September 30, 2021 as compared with Rs3.05 billion in the same quarter of the last year.
Cost of sales also increased to Rs2.76 billion as compared with Rs2.22 billion. The company declared gross profit of Rs945 million as compared with Rs832 million.
The operating profit of the company grew to Rs525 million as compared with Rs469.52 million. The payment of tax for the quarter was flat at Rs160.5 million as compared with Rs160.48 million.
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Murree Brewery declares profit amid liquor ban in Sindh
KARACHI: Murree Brewery Company Limited has declared 4.6 percent increase in net profit despite ban on liquor sale in Sindh, according to half- year financial results for period ended December 31, 2018 submitted to Pakistan Stock Exchange (PSX) on Thursday.
The net sales revenue increased by 10.2 percent to Rs4.582 billion during July – December 2018 from Rs4.15 billion in the corresponding period of the last year.
The gross profit of the company has increased by 10.2 percent to Rs1.544 billion from Rs1.4 billion.
Earnings per share of the company have increased by 4.6 percent to Rs23.78 from Rs22.75 EPS.
The company declared the profit despite ban on liquor sale in Sindh. It said that as advised earlier the case is pending before the Sindh High Court. Meanwhile, sales during the half year were satisfactory.
The company also pointed out depreciation in local currency. It said that the rupee has further devalued to Rs.138 per US dollar increasing the cost of imports and making repayment of foreign currency loans and interest thereon dearer.
The benefit to the country by making exports cheaper has been marginally received by reducing the current account deficit. The cost of production has increased with dearer imports and increases in the cost of gas and electricity which has also increased the cost of living of the public utilizing higher quantities of these utilities, it added.
The company said that the Punjab Government issued a notification # SO(E&M)2-3/2011(P-II) dated 24th June, 2015 by which Still Head Duty was levied from 1st July, 2015 on all Pakistan Made Foreign Liquor and beer meant for consumption outside the province of Punjab. The Company challenged this notification in the Lahore High Court, Lahore.
The notification was set aside by the Honorable High Court on 27th June 2016.
The Company is paying this duty and recovering it from the buyers, which makes Murree Brewery products dearer than our competitors.
The Punjab Government has filed an appeal in the Lahore High Court, Lahore praying the impugned judgment may be set aside and the Notification dated 24th June, 2015 be declared intra vires to the Constitution of Islamic Republic of Pakistan.
Punjab Excise has got a stay against Sindh wine dealers and is collecting “extra duty”. The intra court appeal of the Excise Department has been dismissed by the Honorable Lahore High Court, Lahore on 19th February, 2019. However, the department has the right to appeal in the Supreme Court.
The company said that tax on extraction for business purpose also affected the sales.
In December 2018 the Supreme Court ordered a Re 1 per litre tax on water extracted for business purposes on a suo motu case pertaining to selling of water extracted from underground sources without any charge as well as the fitness of the same for human consumption.
Finally it applies to many industries including cement, beverages, textiles etc. The modalities of this tax have not yet been determined.
As the Company’s Tops and Liquor Divisions come under the purview of this tax, a review petition has been led in the Supreme Court.