Karachi: Barkat Frisian Agro Limited has announced its financial results for the nine months ended March 31, 2026, reporting a profit after tax of Rs474.57 million, compared with Rs505.24 million recorded in the corresponding period last year. Despite the slight decline in earnings, the company delivered steady revenue growth while continuing to invest in strategic expansion projects.
During the nine-month period, the company’s net sales increased by 5.89% to Rs5.94 billion, up from Rs5.61 billion a year earlier. Gross profit edged up to Rs703.80 million from Rs700.54 million, although the gross profit margin narrowed to 11.84% from 12.48% due to softer export prices and elevated local egg prices during the first half of the financial year.
Operating profit stood at Rs514.65 million, while earnings per share (EPS) came in at Rs1.53, compared with Rs3.41 in the same period last year. The decline in EPS was also influenced by the increase in the company’s weighted average number of shares following its IPO during the third quarter of FY2025.
Management noted that Pakistan’s economic environment remained mixed during the period, with easing inflation and relatively low export taxation providing support, while geopolitical tensions affected exports to GCC countries. The company highlighted that exports of raw shell eggs remained under pressure due to restrictions in the UAE market, although demand for its value-added egg products improved significantly in March, particularly through the Jeddah market.
Barkat Frisian Agro continued to execute its long-term expansion strategy during the period. The company successfully commissioned its Faisalabad pasteurized egg products facility, while construction progressed on its egg powder production plant in Karachi. It also advanced backward integration initiatives through the development of wholly owned poultry farming operations and a joint venture poultry farm aimed at strengthening supply chain stability and reducing production costs.
The Board of Directors has recommended no interim dividend for the first nine months of FY2026, opting instead to support the company’s ongoing expansion plans.
Looking ahead, management remains optimistic that recently commissioned facilities, continued investment in production capacity, and the planned UAE subsidiary will enhance export revenues, improve operational efficiency, and strengthen Barkat Frisian Agro’s position in domestic and international markets over the medium to long term.
