The Organic Meat Company Limited (TOMCL) has announced its financial results for the first quarter ended September 30, 2026, revealing a significant downturn in profitability despite steady operational foundations.
According to the un-consolidated financial statements submitted to the Pakistan Stock Exchange, the company posted a net profit of Rs. 17.15 million for Q1 FY27, translating to an Earnings Per Share (EPS) of Rs. 0.09. This marks a sharp decline compared to the net profit of Rs. 180.44 million (EPS: Rs. 0.92) recorded during the corresponding period of the previous fiscal year.
Key Financial Highlights (Un-consolidated):
- Net Sales: Decreased to Rs. 3.08 billion down from Rs. 3.41 billion in Q1 FY25/26, reflecting a contraction in top-line revenue.
- Gross Profit: Stood at Rs. 227.10 million, compared to Rs. 412.67 million in the same period last year, squeezed by cost-of-sales pressures totaling Rs. 2.85 billion.
- Operating Profit: Recorded at Rs. 87.19 million, down from Rs. 250.66 million.
- Taxation: The period’s tax expense rose to Rs. 55.70 million compared to Rs. 44.94 million previously.
Consolidated Performance Overview
On a consolidated basis, TOMCL reported a net profit of Rs. 22.70 million for the quarter ended September 30, 2026, with a consolidated basic and diluted EPS of Rs. 0.12. This compares to a net profit of Rs. 182.10 million (EPS: Rs. 0.93) reported in Q1 of the prior year. Consolidated net sales came in at Rs. 3.08 billion, while total assets stood strong at Rs. 7.18 billion.
The Board of Directors met on October 28, 2026, in Karachi, confirming that no cash dividend, bonus shares, or right shares have been recommended for the period.
