MFFL FY26 profit doubles
Mitchell’s Fruit Farms Limited (PSX: MFFL) reported a 100% surge in its net profit for the fiscal year ended June 30, 2026, reaching Rs3.34m compared to Rs1.67m in the preceding year. Reflecting this bottom-line doubling, basic and diluted earnings per share (EPS) expanded to Rs0.14, up from Rs0.07 in FY25. The primary catalyst behind the final earnings growth was a twenty-fold surge in "other income", which successfully cushioned an operational loss and higher minimum tax differentials. Net revenue grew by 11% year-on-year to Rs2.97bn, up from Rs2.66bn in FY25.