Lahore: Big Bird Foods Limited has announced its financial results for the year ended June 30, 2026, following a Board of Directors meeting held on September 24, 2026. According to the report, the company has experienced a substantial increase in its total comprehensive income, reaching 2.83 billion rupees, a significant move up from 1.12 billion rupees the previous year.

The meeting, which took place in Lahore, concluded with the approval of the financial statements, noting the absence of any declared dividends or additional corporate actions. The company's Annual General Meeting is scheduled for October 24, 2026, at 11:00 AM in Lahore, while the share transfer books will remain closed from October 16 to October 24, 2026.

The company's financial performance over the year showed a notable increase in net sales, which climbed to 14.76 billion rupees from 11.36 billion rupees, marking a significant move. The cost of sales also rose, reaching 11.69 billion rupees from the previous year's 8.98 billion rupees. Consequently, the gross profit amounted to 3.07 billion rupees, compared to 2.38 billion rupees in the previous period.

According to information available from the Pakistan Stock Exchange (PSX), Big Bird Foods Limited's profit from operations increased to 2.46 billion rupees from 1.91 billion rupees, while the profit before income tax rose to 2.15 billion rupees, up from 1.56 billion rupees. The finance cost decreased moderately to 316.73 million rupees, offering some relief to the company's financials.

Taxation for the year amounted to 975.61 million rupees, resulting in a profit after taxation of 1.17 billion rupees, slightly higher than the previous year's 1.12 billion rupees. The earnings per share saw a minor move, increasing to 3.80 rupees from 3.75 rupees.

The comprehensive income was further bolstered by a surplus on the revaluation of property, plant, and equipment, which added 2.31 billion rupees to the total. After accounting for related tax impacts, the net revaluation surplus stood at 1.65 billion rupees. Additionally, remeasurements of the defined benefit plan contributed 9.38 million rupees, net of tax, to the overall comprehensive income.

The company's annual report will be transmitted through PUCARS at least 21 days before the AGM, ensuring shareholders have access to the detailed financial performance and strategic outlook.