UPFL 9MCY26 profit skyrockets 38%

October 23, 2026 (MLN): Unilever Pakistan Foods Limited (PSX: UPFL) reported a 38% surge in its net profit for the nine months ended September 30, 2026 (9MCY26), reaching Rs6.33bn compared to Rs4.57bn in the corresponding period last year.

Reflecting this bottom-line momentum, basic and diluted earnings per share (EPS) expanded to Rs993.21, up from Rs717.93 in 9MCY25.

For the third quarter (Q3CY26) alone, net profit jumped 34% to Rs1.99bn (EPS of Rs312.31) compared to Rs1.48bn (EPS of Rs233.08) in Q3CY25.

In view of the financial results for the nine months ended September 30, 2026, the Directors have recommended a third interim cash dividend of Rs. 312/- i.e (3,120 %) per ordinary share of Rs.10/- each (nine months ended September 30th, 2025, Rs 466 /- per ordinary share of Rs. 10/- each).

The primary catalysts driving the strong nine-month performance were a robust 25% top-line sales growth and a 38% expansion in gross profit, supported by sustained volume growth across all product segments mainly led by Knorr Noodles, Unilever Food Solutions, and Rafhan.

Gross margins expanded by 408 basis points to reach 42.9%. Net sales for 9MCY26 reached Rs37.60bn, up from Rs30.08bn in 9MCY25. Cost of sales increased 17% to Rs21.47bn, allowing gross profit to surge to Rs16.13bn compared to Rs11.68bn in the prior-year period.

On the operational front, operating expenses (distribution, administration, and others) grew 40% to Rs6.77bn as the company invested in marketing and brand building to support higher sales volume.

Coupled with "other income" of Rs608.45m (down 23% from Rs786.66m), operating profit rose 31% to Rs9.96bn.

Below the operating line, UPFL absorbed slightly higher finance charges at Rs86.11m (up 8% from Rs79.49m). Accounting for final tax levies of Rs8.79m, profit before income tax expanded 32% to Rs9.87bn.

The company recorded a corporate income tax charge of Rs3.54bn for the period (up 23% from Rs2.88bn in 9MCY25).

Backed by strong volume dispatches, price-mix efficiencies, and margin expansion, Unilever Pakistan Foods Limited securely closed the nine-month period with its net profit reaching Rs6.33bn.

Copyright Mettis Link News