Oct 26, 2026, 2:27 PM
Habib Rice Products reports higher quarterly net loss for Q1 FY2027
Financial ResultHabib Rice Products Limited announced unaudited financial results for the quarter ended September 30, 2026. Revenue declined year over year, while the net loss widened and loss per share increased.
Key Findings
- Net sales were Rs. 468.86 million, down from Rs. 497.96 million in the comparable quarter.
- Net loss widened to Rs. 55.09 million from Rs. 18.36 million.
- Loss per share increased to Rs. 1.38 from Rs. 0.46.
Financial Performance
| Metric | PreviousQuarter ended September 30, 2025 | CurrentQuarter ended September 30, 2026 | Change |
|---|---|---|---|
| Sales - net | 497,961,941 | 468,861,385 | -5.8% |
| Gross profit | 43,840,197 | 20,884,312 | -52.4% |
| Net Loss for the period | (18,361,723) | (55,085,099) | -200% |
| Loss per share-basic and diluted | (0.46) | (1.38) | -200% |
| Finance costs | (1,118,413) | (4,033,680) | -260.7% |
| Cash and bank balances | 10,956,676 | 19,074,789 | +74.1% |
| Short-term borrowing - secured | 171,517,714 | 103,732,496 | -39.5% |
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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.