CIC Holdings PLC, a leading diversified conglomerate, reported a 7.49% year-on-year (YoY) increase in consolidated revenue, reaching Rs. 64.66 billion for the nine months ending 31 December 2024 (9MFY25). Despite macroeconomic challenges, the Group maintained resilient sectoral growth across its business divisions.
The Crop Solutions sector contributed the highest revenue share at 43%, followed by Health and Personal Care (22%) and Livestock Solutions (20%). The Agri Produce sector posted a 63% EBITDA growth, while Health and Personal Care grew by 15%. However, overall Group EBITDA declined by 3% due to unfavourable weather conditions and economic constraints.
Finance costs dropped to Rs. 1.28 billion from Rs. 2.07 billion, benefiting from lower interest rates and improved economic stability. CIC Holdings remains focused on innovation, cost optimisation, and long-term value creation, with key business segments continuing to drive growth despite operational challenges.