Karachi: The Organic Meat Company Limited has announced its financial results for the fiscal year ended June 30, 2026, revealing a significant decline in the company's annual profit. The figures were disclosed in a report issued on October 5, 2026.

The company's net sales for the year amounted to 12.31 billion rupees, a decrease from the previous year's 14.01 billion rupees. The cost of sales also reflected a decrease, totaling 11.24 billion rupees compared to the prior year's 12.58 billion rupees. Consequently, the gross profit stood at 1.07 billion rupees, down from 1.43 billion rupees, indicating a big move in profitability.

Operating expenses increased slightly to 791.35 million rupees from 768.32 million rupees in the previous year. Despite this, the operating profit decreased to 275.84 million rupees from 657.54 million rupees. Other income and expenses were reported at 10.04 million rupees, down from 65.20 million rupees, while finance costs were reduced to 64.15 million rupees from 140.18 million rupees.

Profit before taxation was recorded at 221.73 million rupees, a drop from last year's 582.57 million rupees. After accounting for taxation of 82.24 million rupees, the profit for the year was reported at 139.49 million rupees, significantly lower than the previous year's 406.09 million rupees.

The company's earnings per share decreased to 0.71 rupees from a restated 2.37 rupees in the prior year, reflecting a very large move.

According to information available from the Pakistan Stock Exchange (PSX), the company has not declared any final cash dividend, bonus shares, or right shares for the year. A corporate briefing session is scheduled for November 11, 2026, at the company's corporate office and via video conference to discuss the company's financial performance and outlook.

The company's total assets increased to 7.14 billion rupees from 6.99 billion rupees in the previous year. Non-current assets were valued at 3.86 billion rupees, while current assets stood at 3.28 billion rupees. The company's equity and liabilities also increased to 7.14 billion rupees.

The financial data reflects the company's efforts to navigate a challenging market environment, marked by rising costs and declining sales. The upcoming corporate briefing session is expected to provide further insights into the company's strategies and future prospects.