Two entities of Square Group -- Square Pharmaceuticals and Square Textiles -- reported positive growth in the third quarter of the 2024-25 fiscal year.

 Square Pharma posted a profit of Tk 605 crore in the third quarter of the 2024-25 fiscal year, up 18 percent year-on-year, according to its financial statements.

 The company's revenue during the January-March 2025 period rose 22 percent year-on-year to Tk 2,012 crore.

 Its consolidated earnings per share (EPS) stood at Tk 6.83 in the third quarter, up from Tk 5.55 in the same period a year earlier.

 For the nine months from July 2024 to March 2025, Square's EPS was Tk 21.15, up from Tk 18.24 in the same period of the previous financial year.

 Shares of the leading drug maker declined 0.42 percent to close at Tk 214.1 at the Dhaka Stock Exchange yesterday.

 Square's consolidated net operating cash flow per share (NOCFPS), however, declined to Tk 11.90 for July 2024 to March 2025 from Tk 17.32 in the same period a year ago.

 The company attributed the higher NOCFPS in the previous year to two one-off events: additional credit facilities extended to local customers due to the Eid holidays in June 2023, which were realised in July, and an insurance claim received for damages related to a fire at one of its plants.

 These factors were absent in the current period, leading to the decrease in operating cash flow, it said in a DSE disclosure.  

Meanwhile, Square Textiles PLC reported a profit of Tk 25 crore in the third quarter of 2024-25, marking a 7 percent year-on-year rise, according to its financial statement.

 The company's revenue rose marginally to Tk 580 crore during the period, from Tk 576 crore in the same period a year earlier.

 Its consolidated EPS stood at Tk 1.27 in January–March 2025, up from Tk 1.18 a year earlier. For the July–March period, Square Textiles' EPS rose to Tk 5.10 from Tk 4.24 the previous year.

 The company credited the rise in EPS to increased yarn output from its new project in Habiganj and balancing, modernisation, rehabilitation, and expansion initiatives at its Gazipur plant.

 The company's NOCFPS was Tk 2.24 in the current period, compared to a negative Tk 2.39 a year ago.

 Shares of the leading textiles maker declined 1.01 percent to close at Tk 49.1 at the DSE.