Wahdat Poultry Farm Reports 31% Growth in Quarterly Profit, Earnings Per Share Rises to Rs. 0.38
Wahdat Poultry Farm Limited has reported a significant improvement in its financial performance for the first quarter ended September 30, 2026, posting a profit after taxation of Rs. 126.13 million compared with Rs. 96.25 million in the corresponding period last year.
According to the company’s unaudited financial results submitted to the Pakistan Stock Exchange (PSX), Wahdat Poultry Farm recorded revenue of Rs. 836.06 million during the July–September 2026 quarter, up from Rs. 712.34 million in the same period of the previous year.
The company’s profit before income tax increased to Rs. 122.36 million from Rs. 90.04 million, reflecting improved profitability during the quarter. Earnings per share (EPS) also improved to Rs. 0.38, compared with Rs. 0.34 in the corresponding quarter of 2025.
Total operating income reached Rs. 1.75 billion, compared with Rs. 1.41 billion a year earlier. This included a gain of Rs. 799.39 million arising from the initial recognition of eggs at fair value less costs to sell at the point of harvest, while gains from changes in the fair value of biological assets amounted to Rs. 113.97 million.
Operating profit increased to Rs. 141.23 million from Rs. 116.11 million in the same period last year. Finance costs declined to Rs. 24.24 million from Rs. 26.07 million, providing additional support to the company’s financial performance.
On the balance sheet front, total assets increased to Rs. 4.39 billion as of September 30, 2026, compared with Rs. 3.75 billion at June 30, 2026. The company’s equity and reserves also improved to Rs. 2.81 billion from Rs. 2.68 billion.
Current assets stood at Rs. 3.23 billion, including biological assets of Rs. 1.07 billion, trade receivables of Rs. 610.01 million, inventory of Rs. 598.77 million and cash and bank balances of Rs. 567.99 million.
However, short-term borrowings increased to Rs. 1.12 billion from Rs. 560.67 million at the end of June 2026, an important development for investors to monitor alongside the company’s growth in assets and profitability.
The cash flow statement showed a net cash outflow of Rs. 187.13 million from operating activities during the quarter, compared with a net inflow of Rs. 92.65 million in the corresponding period last year. Investing activities also recorded an outflow of Rs. 262.27 million, while financing activities generated a net inflow of Rs. 504.02 million.
The Board of Directors, in its meeting held on October 29, 2026, did not recommend any cash dividend, bonus shares, right shares or other corporate action for the quarter.
Overall, Wahdat Poultry Farm’s first-quarter results reflect higher revenue, improved profitability and stronger earnings per share. Investors will likely keep an eye on the company’s borrowing levels, operating cash flows and future business performance to assess whether the positive earnings momentum can be sustained in the coming quarters.
