TOMCL 1QFY27 profit plunges 88%
Mettis Global • • 1 min read

The Organic Meat Company Limited (TOMCL) reported a net profit of Rs22.70 million for the quarter ended September 30, 2026, down 88% from Rs182.10 million a year earlier, according to Mettis Global. Basic and diluted earnings per share fell to Rs0.12 from Rs0.93.
Quarterly net sales declined 11% to Rs3.08 billion, while cost of sales fell by a smaller 6%, pushing gross profit down 46% to Rs226.16 million. The gross margin narrowed to 7.34% from 12.03%, and operating profit dropped 63% to Rs92.71 million. Higher finance costs and a 24% rise in taxation added to the pressure on earnings, despite lower operating overheads and a shift to net other income.
At a glance
- TOMCL’s net profit fell 88% to Rs22.70 million in 1QFY27.
- Sales declined 11%, while gross profit dropped 46% year on year.
- Basic and diluted EPS decreased to Rs0.12 from Rs0.93.
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Originally reported by Mettis Global
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