MFFL slips to Rs178m loss in 3MFY27

Mitchell’s Fruit Farms Limited (MFFL) reported a net loss of Rs177.78 million for the three months ended September 30, 2026, against a profit of Rs183.72 million a year earlier, Mettis Global reported. The company recorded a loss per share of Rs6.93, compared with earnings per share of Rs7.16 in the same period last year.

Quarterly revenue grew 36% to Rs951.60 million, while gross profit increased 34% to Rs238.34 million. However, selling and distribution costs climbed to Rs285.46 million from Rs92.90 million, administrative expenses rose 84% to Rs102.95 million, and other income fell 97% to Rs7.85 million. Finance costs also increased 21% to Rs20.57 million, contributing to the turnaround from profit to loss.