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Wednesday, October 7, 2026
Home BUSINESS/TRADE Quice Food Industries Turns the Tide: Posts Profit in FY26 as Sales...

Quice Food Industries Turns the Tide: Posts Profit in FY26 as Sales Surge 74%

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Quice Food Industries Limited has reported a remarkable financial turnaround for the fiscal year ended June 30, 2026, driven by a massive surge in top-line revenue.

According to the financial results submitted to the Pakistan Stock Exchange (PSX), the company posted a net profit after tax of PKR 651,100 for FY26, successfully bouncing back from a net loss of PKR 11,730,559 recorded in the previous financial year. Profit per share (EPS) improved to PKR 0.007, up from a loss per share of PKR 0.119 in FY25.

Key Financial Highlights (FY26 vs. FY25)

  • Revenue Growth: Sales expanded by 74%, reaching PKR 1.90 billion compared to PKR 1.09 billion in FY25.
  • Gross Profit: Gross profit climbed 78% to PKR 332.78 million, up from PKR 186.99 million the previous year.
  • Pre-Tax Profit: Profit before taxation stood at PKR 10.05 million, a significant recovery from a pre-tax loss of PKR 11.73 million in FY25.

Key Financial Metrics Summary

MetricFY 2026 (PKR)FY 2025 (PKR)Change
Sales1,904,818,2641,094,764,441+73.99%
Gross Profit332,779,391186,998,769+77.96%
Profit / (Loss) Before Tax10,053,382(11,730,559)Turnaround
Profit / (Loss) After Tax651,100(11,730,559)Turnaround
Earnings Per Share (EPS)0.007(0.119)Turnaround

Dividend and Annual General Meeting

The Board of Directors, in its meeting held on September 29, 2026, recommended no cash dividend, bonus shares, or right shares for the year ended June 30, 2026.

The company’s Annual General Meeting (AGM) is scheduled for October 29, 2026, at 11:00 AM at its registered office in Karachi. Share transfer books will remain closed from October 22, 2026, to October 29, 2026 (both days included) to determine entitlement for attending the AGM.

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