Mitchell’s Fruit Farms Reports Big Increase in Profit for Q1 2025


Lahore: Mitchell’s Fruit Farms Limited has reported a significant increase in its profit for the first quarter ending September 30, 2025, as evidenced by its recently released financial statements. The company posted a profit after taxation of 183,724,351 rupees, reflecting a substantial rise compared to the 15,307,355 rupees recorded for the same period last year.



According to the detailed financial statement of the company, the revenue for the first quarter of 2025 reached 702,158,070 rupees, up from 611,671,704 rupees in the previous year. The cost of sales was reported at 523,784,812 rupees, leading to a gross profit of 178,373,258 rupees. This difference exhibits a slight decrease from the 182,142,073 rupees gross profit recorded the prior year.



Operating profit stood at 29,495,317 rupees, compared to 42,663,349 rupees last year, indicating a reduction primarily due to heightened operating expenses. Notably, Mitchell’s Fruit Farms reported operating expenses totaling 148,877,941 rupees for administrative and selling and distribution, a rise from 139,478,724 rupees last year.



According to information available from the Pakistan Stock Exchange (PSX), the company’s non-current assets, including property, plant and equipment, amounted to 535,111,226 rupees as of September 30, 2025, which is an increase from 516,180,189 rupees reported as of June 30, 2025. Meanwhile, current assets were recorded at 1,414,572,847 rupees, slightly down from 1,427,544,591 rupees in the previous quarter.



Mitchell’s Fruit Farms’ total equity and liabilities were pegged at 1,973,316,696 rupees as of September 30, 2025, showing a decrease from 1,998,328,445 rupees at the close of the previous quarter. The company’s non-current liabilities also saw an increase, with deferred liabilities rising to 208,032,350 rupees from 191,120,877 rupees.



The financial statement highlighted a big move with a 52.16% increase in the un-appropriated profit, which rose to 535,798,971 rupees from 352,071,620 rupees in the previous quarter. This considerable growth contributed to the overall improvement in the financial standing of the company.



Mitchell’s Fruit Farms reported a total comprehensive income of 183,724,351 rupees, reflecting the same figure as its profit after taxation, with no other items affecting comprehensive income for the period. The company’s cash and bank balances increased to 25,290,475 rupees from 22,958,719 rupees at the beginning of the quarter.



In the designated market category, the financials of Mitchell’s Fruit Farms Limited indicate an upward trajectory in profitability, notwithstanding the increase in operating expenses and a decrease in operating profit. The company’s strategic focus on expanding revenue streams appears to be yielding positive results, as evidenced by the significantly enhanced profit margins.