Walton posts 19% revenue growth to Tk1451cr in Q1 of FY2025-26
Walton Hi-Tech Industries, a local electronic giant, has reported a 19.46% year-on-year revenue growth in the first quarter (July-September) of the current fiscal year to Tk1,451 crore, according to its quarterly financial statements.
The company's net profit rose by 48% year-on-year to Tk220.89 crore during the three-month period. In the same quarter of the previous fiscal year, Walton reported a revenue of Tk1,214.67 crore and a net profit of Tk149.03 crore.
The company said its profit increased by Tk71.86 crore compared to the same period last year, supported by a Tk236.35 crore rise in sales revenue and a significant reduction in finance costs.
As a result, earnings per share (EPS) climbed to Tk7.29 for the July–September period, up from Tk4.92 a year earlier.
Walton's finance costs fell sharply—by 66% to Tk41.47 crore—from Tk122.89 crore in the corresponding period of the previous year.
As of 30 September 2025, the company's balance sheet showed Tk506.57 crore in long-term loans and Tk1,215 crore in short-term loans.
The statement also revealed a sharp improvement in liquidity, as net operating cash flow per share (NOCFPS) jumped 277% year-on-year to Tk14.79, compared to Tk3.92 in the same quarter of the previous fiscal year.
Walton attributed the improvement in cash flow mainly to an increase in customer collections by Tk124.75 crore and a decrease in supplier payments by Tk324.51 crore, despite higher payroll expenses and increased VAT payments following the revision of VAT rates from 7.5% to 15% on refrigerators and air conditioners.
In FY25, its total revenue declined by Tk429.87 crore, with all product segments experiencing a drop in sales—the steepest fall being a Tk350 crore decline in the air conditioner segment.
The company's net profit for FY25 stood at Tk1,036 crore, down from Tk1,356 crore in the previous fiscal year.
