National Foods profit surges over sixfold to Rs26bn

Mettis Global reported that National Foods Limited (NATF) lifted its consolidated profit for the period to June 30, 2026 to Rs26.39bn, up from Rs4.42bn a year earlier. Earnings per share rose from Rs14.85 in FY25 to Rs111.42. Directors have also announced a final cash payout of Rs5.00 per share, equal to 100%, alongside interim dividends of Rs25.00 per share already paid.

Net sales grew 14% to Rs50.65bn, while gross profit climbed 20% to Rs19.45bn on better pricing and cost efficiencies. Operating profit rose 62% to Rs6.11bn, while other income jumped to Rs1.85bn from Rs505.11m. Finance costs fell 22% to Rs1.06bn, adding further support to earnings.

The biggest driver was a gain from discontinued operations, net of tax, which reached Rs20.47bn against Rs2.41bn a year earlier. Profit from continuing operations stood at Rs5.92bn, almost triple the Rs2.00bn recorded last year. Income tax expense dropped 48% to Rs138.87m, while minimum tax rose 33% to Rs265.22m.