Karachi: The Organic Meat Company Limited's financial performance for the fiscal year 2026 reveals a significant decline in profitability, primarily due to decreased sales and increased credit provisioning. The company, which is listed in the designated market category of food and meat processing, reported its consolidated financials in a corporate briefing on November 10, 2026.
The company's net sales for FY2026 stood at PKR 12,381.2 million, a decrease from PKR 14,006.1 million in the previous fiscal year, marking a very large or significant move of -11.6%. Gross profit also experienced a very large or significant move, declining by 23.8% to PKR 1,086.7 million from PKR 1,425.9 million.
Operating expenses increased by 9.1% to PKR 837.8 million, indicating a moderate move. In contrast, finance costs saw a significant reduction, decreasing by 54.2% to PKR 64.2 million from PKR 140.2 million. Other income dropped drastically by 85.9%, from PKR 88.9 million to PKR 12.6 million, reflecting a very large or significant move.
According to information available from the Pakistan Stock Exchange (PSX), the company's profit before tax plunged by 67.5%, resulting in a total of PKR 197.3 million compared to PKR 606.3 million in FY2025. Profit after tax recorded a similarly very large or significant move, falling by 73.9% to PKR 112.4 million from PKR 429.8 million.
These financial results underscore the challenges faced by The Organic Meat Company in maintaining profitability amidst fluctuating market conditions and economic pressures.