Sep 7, 2026, 3:12 PM
Feroze1888 Mills reports FY2026 net profit of Rs 804.3 million
Financial ResultFeroze1888 Mills Limited announced board-approved financial results for the year ended June 30, 2026. Unconsolidated sales increased to Rs 67.735 billion and operating profit rose to Rs 3.810 billion, while net profit increased to Rs 804.3 million from Rs 99.0 million. EPS was Rs 2.01 versus Rs 0.25. Gross profit declined, and the company recommended no cash dividend, bonus shares, or rights shares.
Key Findings
- FY2026 sales were Rs 67,734.669 million, up from Rs 66,110.531 million.
- Operating profit increased to Rs 3,810.476 million from Rs 3,699.745 million; gross profit declined to Rs 8,411.353 million from Rs 9,070.084 million.
- Net profit was Rs 804.269 million versus Rs 99.023 million, and EPS was Rs 2.01 versus Rs 0.25.
- Finance costs decreased to Rs 2,450.338 million from Rs 3,068.248 million.
- The board recommended NIL cash dividend, bonus shares, and rights shares. The AGM is scheduled for October 27, 2026.
Financial Performance
| Metric | PreviousYear ended June 30, 2025 | CurrentYear ended June 30, 2026 | Change |
|---|---|---|---|
| Sales | 66,110,531 | 67,734,669 | +2.5% |
| Gross profit | 9,070,084 | 8,411,353 | -7.3% |
| Operating profit | 3,699,745 | 3,810,476 | +3% |
| Net profit for the year | 99,023 | 804,269 | +712.2% |
| Earnings per share - basic and diluted | 0.25 | 2.01 | +704% |
| Finance costs | (3,068,248) | (2,450,338) | -20.1% |
| Cash and bank balances | 308,346 | 714,880 | +131.8% |
| Short-term borrowings | 24,289,748 | 27,914,648 | +14.9% |
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.