KARACHI: The Organic Meat Company Limited (TOMCL) has announced its financial results for the nine months ended March 31, 2026, reporting a consolidated net profit of Rs387.71 million, compared with Rs459.76 million recorded during the corresponding period last year, reflecting a year-on-year decline of around 15.7%.
According to the financial statement, the company’s net sales stood at Rs10.44 billion, down from Rs11.32 billion in the same period of the previous year. Gross profit also declined to Rs902.37 million from Rs1.12 billion, as lower sales and operating pressures weighed on profitability.
Operating profit came in at Rs421.74 million, compared with Rs548.99 million a year earlier. Meanwhile, finance costs fell significantly to Rs52.91 million from Rs133.69 million, providing some relief to the company’s earnings. Other income also declined during the period.
For the third quarter alone (January–March 2026), the company posted a net profit of Rs18.56 million, substantially lower than Rs116.78 million reported in the same quarter last year. Quarterly earnings per share (EPS) stood at Rs0.09, while nine-month EPS was Rs1.97, compared with Rs2.34 in the corresponding period of FY2025.
On the balance sheet, total assets increased to Rs7.45 billion as of March 31, 2026, from Rs7.01 billion at the end of June 2025. Shareholders’ equity also strengthened to Rs6.57 billion, reflecting continued profitability and the impact of bonus share issuance during the period.
The Board of Directors, in its meeting held on April 28, 2026, decided not to recommend any cash dividend, bonus shares, right shares, or any other corporate action for the quarter ended March 31, 2026.
Despite softer earnings compared with last year, The Organic Meat Company remained profitable and maintained a solid equity position. Investors will be watching the company’s ability to improve sales momentum and margins in the remaining months of the financial year.
