Karachi: Data Agro Limited reported a significant financial turnaround for the first quarter ending September 30, 2026, according to the company's condensed interim financial statements released on October 30, 2026. The company's sales surged to Rs. 157.07 million, up from Rs. 110.92 million in the same period last year. This represents a very large or significant move in sales figures.

The company posted a net profit of Rs. 13.73 million, a major improvement from the loss of Rs. 31.05 million reported in the first quarter of 2025. Earnings per share also reflected this positive change, rising to Rs. 3.76 from a loss of Rs. 7.76 per share in the previous year.

According to information available from the Pakistan Stock Exchange (PSX), Data Agro Limited's financial results indicate a notable improvement in performance metrics. The gross profit for the quarter stood at Rs. 39.06 million, compared to a gross loss of Rs. 9.12 million in the prior year. Operating expenses saw a minor move with a slight decrease to Rs. 11.18 million from Rs. 11.58 million, while financial costs increased moderately to Rs. 11.78 million from Rs. 8.96 million.

Data Agro Limited is actively engaged in the production of Hybrid Corn Seed, with plans to expand its product line by introducing new seeds, including Hybrid Corn, SSG, and Rhodes grass seeds. The company is optimistic about its new hybrid seed production, which has shown promising commercial results.

The board of directors expressed gratitude to their stakeholders, emphasizing the importance of continued support from customers, suppliers, and bankers. They also acknowledged the contributions of their team towards improving the company's performance and expressed confidence in achieving better results in the upcoming quarters.

In the designated market category, Data Agro Limited continues to focus on agricultural innovation and production, with the management affirming their commitment to the company's growth and success.