Thakral Corporation’s net profit declined 4.9% y-o-y to $3.37 mil for 1QFY2025 from forex losses and higher income tax

Thakral Corporation has reported a lower net profit of $3.37 million for the 1QFY2025 ended March 31, 2025, down 4.9% y-o-y.

The group’s profit before interest and tax, which accounts for profit before foreign exchange loss and gain, came in 27.6% y-o-y higher for the quarter at $6.34 million.