Olympic Industries posts modest profit growth, buys land in Narayanganj

Olympic Industries recorded a slight year-on-year increase in profit in the October–December quarter of 2025, supported by higher revenue and effective management measures.

According to its latest financial statements, the leading consumer goods maker reported a net profit of Tk 62.46 crore for the second quarter of the 2025–26 financial year, up 4 percent year-on-year.

Both basic and diluted earnings per share rose to Tk 3.12 for the quarter, compared with Tk 2.99 in October–December 2024.

During the July–December period of the current fiscal year, the company posted a net profit of Tk 119.71 crore, slightly higher than Tk 116.31 crore in the corresponding period of the previous year.

Olympic Industries said the improvement came despite a challenging operating environment and reflected measures taken by management to sustain performance.

Revenue increased by 3.85 percent during the July–December period, even as competition in the consumer goods market intensified.

The company said the growth demonstrated steady demand for its products and the effectiveness of its business strategy.

Despite price hikes of raw materials in both local and international markets and higher manufacturing costs, Olympic Industries managed to improve its gross profit. Gross profit stood at Tk 386.95 crore in the first half of FY26, up from Tk 372.69 crore in the same period of the previous year.

Net operating cash flow per share declined slightly to Tk 7.15 for July–December from Tk 7.25 a year earlier.

The company said the marginal decline was mainly attributable to higher income tax payments, along with other operational factors.

In a price-sensitive disclosure, the board of directors also approved the purchase of 159 decimals of land adjacent to the company’s Lolati factory in Sonargaon, Narayanganj, for Tk 23 crore to support future expansion.

According to Dhaka Stock Exchange data as of December 31, 2025, sponsors and directors held 32.38 percent of the company’s shares, institutional investors 21.78 percent, and the rest by foreign investors and the public.

Founded in 1979, Olympic Industries is one of the leading biscuit, confectionery, and snacks manufacturers in Bangladesh. Listed on both the Dhaka and Chittagong stock exchanges, the company has expanded into noodles, ball pens, and packaging.