Ghani Dairies Limited Reports Significant Profit Increase Amidst No Dividend Announcements

Lahore: Ghani Dairies Limited has reported a substantial increase in net profit for the fiscal year ending June 30, 2026, according to their financial statements approved by the Board of Directors during a meeting held on September 29, 2026, in Lahore. Despite this financial growth, the company has decided against declaring any cash dividends, bonus shares, or right shares for the year.

The annual report reveals that Ghani Dairies achieved a notable net profit of 697.68 million rupees, up from 444.15 million rupees in the previous year, marking a very large or significant move. The earnings per share also rose to 1.92 rupees from 1.37 rupees, reflecting improved profitability.

The company's revenue from contracts with customers was reported at approximately 2.19 billion rupees, compared to 1.78 billion rupees in the previous year. Additionally, gains from the initial recognition of milk and changes in the fair value of dairy livestock contributed significantly to the financial upturn, with figures reported at 2.63 billion rupees and 511.54 million rupees, respectively.

According to information available from the Pakistan Stock Exchange (PSX), the operating profit stood at 757.30 million rupees, a considerable increase from 567.73 million rupees in 2025. The company's gross profit also witnessed a significant rise, reaching 822.32 million rupees from 619.99 million rupees.

The financial results reveal that Ghani Dairies has expanded its asset base, with non-current assets valued at 3.34 billion rupees, up from 1.63 billion rupees, and current assets increasing to 2.97 billion rupees from 709.92 million rupees. This growth in assets is largely attributed to substantial investments in property, plant, and equipment, as well as biological assets.

The Annual General Meeting (AGM) for shareholders is scheduled for October 28, 2026, at 12:10 p.m. in Lahore, where further discussions regarding the company's future plans are expected to take place. The share transfer books will remain closed from October 22 to October 28, 2026, for this purpose, and transfers completed by October 21, 2026, will be eligible for participation in the AGM.

With a robust financial performance and strategic asset growth, Ghani Dairies Limited is positioning itself strongly within the market, despite the absence of shareholder entitlements in the form of dividends or shares for the reported fiscal year.