Lahore: Mitchell's Fruit Farms Limited has reported a notable decrease in its net profit for the period ending September 30, 2026, as disclosed in its unaudited condensed interim statement of profit or loss. The company registered a net loss of 177.78 million rupees compared to a net profit of 183.72 million rupees in the corresponding period of the previous year.
The financial data, released on October 26, 2026, indicates a substantial increase in revenue, reaching 951.60 million rupees, up from 702.16 million rupees in 2025. This represents a very large move in revenue. However, the company's cost of sales also rose significantly to 713.27 million rupees from 523.78 million rupees, resulting in a gross profit of 238.34 million rupees, an increase from the previous year's 178.37 million rupees.
Despite the positive gross profit, Mitchell's Fruit Farms Limited faced increased administrative expenses, which surged to 102.95 million rupees from 55.98 million rupees. Selling and distribution expenses also saw a significant rise, climbing to 285.46 million rupees from 92.90 million rupees. The combined impact of these expenses resulted in an operating loss of 150.07 million rupees, a stark contrast to an operating profit of 29.50 million rupees in the prior year.
According to information available from the Pakistan Stock Exchange (PSX), the company's financial cost increased moderately to 20.57 million rupees from 17.06 million rupees, while other operating expenses decreased to 3.03 million rupees from 47.89 million rupees. The company recorded other income of 7.85 million rupees, a significant drop from 228.00 million rupees in 2025.
The total comprehensive income for the period was reported as a loss of 177.78 million rupees, compared to a profit of 183.72 million rupees last year. Earnings per share also reflected this downturn, showing a loss of 6.93 rupees in contrast to a gain of 7.16 rupees in the previous year. The market category for Mitchell's Fruit Farms Limited is the Consumer Goods sector.