BBFL delivers 11% profit jump in 9MFY26

April 27, 2026 (MLN):  Big Bird Foods Limited (PSX: BBFL) reported an 11% increase in its net profit for the period ended March 31, 2026, recording Rs1bn compared to Rs901.11m in the corresponding period last year.

Reflecting this solid bottom-line growth, the company's earnings per share (EPS) expanded to Rs3.34 from Rs3.01 in the prior year.

The profit expansion was anchored by a robust top-line surge, although a massive tax hit severely restricted the final earnings growth.

BBFL’s net sales posted a stellar 41% year-on-year increase, rising to Rs11.58bn from Rs8.24bn.

The cost of sales grew in tandem at 41%, reaching Rs9.17bn. Driven by the sheer volume of revenue expansion, the company’s gross profit secured a strong 39% increase, settling at Rs2.42bn up from Rs1.74bn in the prior year.

On the operational front, the company faced steep inflationary pressures across all overheads.

Distribution and selling expenses spiked by 77% to Rs427.26m, administrative expenses rose by 45% to Rs233.34m, and other expenses jumped 90% to Rs167.99m.

However, BBFL successfully offset these rising costs with an exceptional surge in other income, which soared to Rs286.28m compared to just Rs57.54m last year.

Fueled by expanding gross margins and robust secondary income, the profit from operations grew by an impressive 43% to Rs1.87bn.

Below the operating line, BBFL managed to trim its finance costs by 12%, bringing them down to Rs244.51m. This relief in debt servicing further amplified the company's financial strength, propelling the profit before income tax up by a massive 58% to Rs1.63bn.

The critical blow that compressed the final bottom-line growth was a staggering surge in taxation.

The company was hit by a 4.8x increase in its tax expense, which consumed Rs625.07m compared to just Rs129.43m in the same period last year.

This heavy fiscal drag absorbed most of the pre-tax gains, causing the final profit after taxation to settle at an 11% increase, closing the period at Rs1bn.

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