MFFL · Mitchells Fruit Farms Limited
Mitchell's Fruit Farms Limited Q1 FY2027 Financial Results
Official PSX filing title: Transmission of Quarterly Financial Report for the Period ended 30 September 2026
- Filed
- 28 October 2026 at 3:27 pm
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
Executive summary
Mitchell's Fruit Farms Limited reported its financial results for the first quarter ended September 30, 2026, showing revenue growth of 35.5% YoY to PKR 951.6 million. However, heavy investments in organizational and commercial capabilities elevated operating costs, leading to an operating loss of PKR 150.1 million and a net loss after tax of PKR 177.8 million compared to a profit in the same period last year.
Key takeaways
- Revenue grew 35.5% YoY to PKR 951.6 million for the first quarter ended September 30, 2026, compared to PKR 702.2 million in Q1 FY2026.
- Gross profit increased 33.6% YoY to PKR 238.3 million, though gross margin moderated slightly to 25.0% from 25.4%.
- The company recorded an operating loss of PKR 150.1 million, compared to an operating profit of PKR 29.5 million previously, driven by increased administrative and distribution expenses.
- Net loss after tax stood at PKR 177.8 million, translating to a loss per share of PKR 6.93, compared to an after-tax profit of PKR 183.7 million (EPS of PKR 7.16) in the prior-year period.
- Out of the PKR 500 million rights issue proceeds, PKR 265 million has been utilized for working capital and PKR 235 million allocated for civil works, machinery replacement, and process improvements as of September 30, 2026.
Filing details
Financial results
Quarterly · Unaudited · Standalone · 30 September 2026
Figures in Rupees
Reporting period
Three months
- Income
- 951,602,896 (prior 702,158,070)
- Profit after tax
- -177,780,480 (prior 183,724,352)
- EPS
- -6.93 (prior 7.16)
- Continued deployment of rights issue proceeds towards working capital, civil works, machinery replacement, renovation, and process improvements.
Dividend and entitlement
- Type
- None
- Notes
- The document is a financial results transmission for the period ended 2026-09-30 and does not declare any dividends, bonuses, or rights entitlements.
- #financial-results
- #q1-results
- #mitchells-fruit-farms
- #earnings
- #loss
Please cross-check with the official PSX filing before making an investment decision.