NATF declares Rs3 per share dividend

October 26, 2026 (MLN): National Foods Limited (PSX: NATF) reported an 11% increase in consolidated net profit from continuing operations for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), reaching Rs888.24m compared to Rs800.72m in the corresponding period last year.

Alongside the financial results, the board announced an interim cash dividend of Rs3per share.

Reflecting the overall consolidated performance, basic and diluted earnings per share (EPS) stood at Rs3.81, down from Rs5.59 in 1QFY26.

The primary catalyst supporting continuing operations was a 9% expansion in top-line net sales alongside a  surge in other income. Net sales for the quarter rose to Rs11.07bn, up from Rs10.16bn in 1QFY26. Cost of sales increased 15% to Rs7.13bn, bringing gross profit to Rs3.94bn (down 1% from Rs3.98bn).

On the operational front, selling and distribution costs rose 15% to Rs2.03bn, while administrative expenses contracted 5% to Rs973.71m.

Operating profit settled at Rs938.61m (down 21% from Rs1.18bn). Below the operating line, NATF was strongly reinforced by a jump in "other income" to Rs421.25m (up from Rs64.56m), which cushioned an increase in finance costs to Rs325.74m and other expenses of Rs89.32m.

Accounting for final taxes of Rs7.90m, profit before income tax rose 8% to Rs936.90m. After absorbing a reduced income tax charge of Rs48.66m, National Foods Limited closed the three-month period with profit for the period at Rs888.24m

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