Key Factors
- IBL Group’s web revenue rose to $87.4 million in 9 months, pushed by sturdy worldwide operations and income development.
- Income climbed to $2 billion, boosted by natural development and growth in East Africa and the Indian Ocean area.
- Complete property hit $2.94 billion, with shareholder fairness growing to $1.05 billion underneath Arnaud Lagesse’s management.
IBL Group, the Mauritian conglomerate led by multimillionaire businessman Arnaud Lagesse, reported a stable monetary efficiency within the first 9 months of its 2025 fiscal yr, with web revenue rising to $87.4 million. The outcomes replicate the continued energy of its worldwide operations, which helped cushion the affect of rising prices in its dwelling market.
In response to the group’s unaudited financial statements for the 9 months ended March 31, 2025, revenue rose from MUR3.88 billion ($85 million) a yr earlier to MUR3.99 billion ($87.4 million). The development was largely pushed by sturdy income development.
IBL income rises to $2 billion
Income climbed from MUR75.9 billion ($1.66 billion) to MUR90.38 billion ($2 billion), supported by natural development and contributions from newly acquired companies. The group’s latest push into East Africa and the Indian Ocean area has began to repay, reinforcing its “Past Borders” growth plan.
Retail remained IBL’s largest income contributor, with gross sales rising from MUR40.8 billion ($894 million) to MUR48.78 billion ($1.07 billion). The buyer manufacturers and distribution unit additionally posted notable positive factors, with income rising to MUR19.3 billion ($423 million) from MUR16.6 billion ($363.7 million) a yr earlier.
In the meantime, the group’s industrials and companies segments generated MUR13.62 billion ($298.4 million) and MUR13.17 billion ($288.6 million), respectively, up from MUR10.8 billion ($236.7 million) and MUR12 billion ($262.3 million) throughout the identical interval final yr.
Shareholder fairness hits $1.05 billion
Underneath the management of Arnaud Lagesse, IBL Group has grown into one of many largest and most diversified corporations in Mauritius. With greater than 300 manufacturers in over 22 international locations, the group operates throughout 4 key industries and is listed on the Inventory Alternate of Mauritius.
The group’s sturdy monetary efficiency additionally boosted its stability sheet. Complete property rose from MUR127.59 billion ($2.8 billion) as of June 30, 2024, to MUR134.78 billion ($2.94 billion) by the top of March 2025. Shareholder fairness additionally improved, growing from MUR44.56 billion ($975.9 million) to MUR47.9 billion ($1.05 billion) over the identical interval.
