PREMA FY26 profit shoots 56%

September 29, 2026 (MLN): At-Tahur Limited (PSX: PREMA) reported a 56% surge in its consolidated net profit for the fiscal year ended June 30, 2026, reaching Rs821.63m compared to Rs528.15m in the preceding year.

Reflecting this bottom-line expansion, basic and diluted earnings per share (EPS) for the year improved to Rs3.76, up from Rs2.42 in FY25.

The primary catalyst behind the performance was strong core dairy sales growth alongside fair value gains on biological assets.

Revenue from contracts with customers grew by 23% year-on-year to Rs6.93bn, up from Rs5.65bn in FY25.

Coupled with a gain on initial recognition of milk of Rs4.40bn and fair value gains on dairy livestock of Rs1.30bn, total operational revenue expanded 19% to Rs12.63bn.

Operating costs grew 21% to Rs9.82bn, leaving a core gross operational margin of Rs2.81bn compared to Rs2.52bn in the prior year.

On the operational front, administrative expenses remained tightly controlled, rising just 1% to Rs362.69m, while selling and marketing expenses rose 20% to Rs755.93m to support market expansion.

With other expenses contracting by 7% to Rs656.21m and "other income" surging 157% to Rs158.90m, profit from operations expanded 35% to Rs1.19bn.

Below the operating line, PREMA kept debt-servicing costs steady, with finance costs edging up just 1% to Rs246.78m.

Supported by operational volume gains and non-operating income, profit before taxation jumped 51% to Rs883.82m (after accounting for statutory levies of Rs63.70m).

The company absorbed a corporate taxation charge of Rs62.18m for the year (up 8% from Rs57.36m in FY25). Backed by strong revenue growth in the dairy segment, higher livestock valuation gains, and administrative cost containment, At-Tahur Limited securely closed the fiscal year with its net profit reaching Rs821.63m.

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