Karachi: The Organic Meat Company Ltd. (TOMCL) has reported a significant drop in its financial performance for the fiscal year 2026, with a notable decrease in profitability and net sales. The company recorded a profit of PkR112 million, a sharp 73.9% decline from the PkR430 million reported in the same period last year. Net sales also fell to PkR12.4 billion, down from PkR14.0 billion, primarily due to reduced export sales amid regional conflicts in the Middle East.
According to AKD Securities Limited, TOMCL's export sales dropped to PkR6.8 billion from PkR8.1 billion in the previous year, while local sales decreased slightly to PkR5.6 billion, compared to PkR5.9 billion in the same period last year. This shift resulted in an export to local sales mix of 54.5% and 45.5% respectively, a change from 58.1% and 41.9% previously. The company emphasized that its entire production is exported, with local sales directed towards indirect exporters.