CNERGY delivers massive turnaround, hits Rs17.1bn profit

News Image

MG News | April 28, 2026 at 05:30 PM GMT+05:00

April 28, 2026 (MLN): Cnergyico PK Limited (PSX: CNERGY) reported a remarkable turnaround for the nine months ended March 31, 2026, posting a profit after taxation of Rs17.10bn compared to a loss of Rs1.76bn in the corresponding period last year.

The company's basic and diluted earnings per share (EPS) recovered strongly to Rs3.11, reversing a loss per share of Rs0.32 in 9MFY25, showing exceptional value accretion for shareholders during the period.

CNERGY's net revenue posted a 20.08% year-on-year increase, rising to Rs261.86bn from Rs218.07bn.

Cost of sales grew at a significantly more contained pace of 9.74% to Rs234.59bn, allowing gross profit to surge an outstanding 534.53% to Rs27.28bn from Rs4.30bn, emerging as the primary driver of the overall earnings turnaround.

Administrative and selling expenses rose moderately to Rs1.48bn and Rs552.85m respectively.

Operating profit surged 952.34% to Rs25.38bn from Rs2.41bn in the prior year. Finance costs declined by 31.96% to Rs2.55bn from Rs3.75bn, providing a further material tailwind.

Profit before taxation stood at Rs22.83bn, a decisive reversal from a pre-tax loss of Rs1.34bn in 9MFY25.

After an income tax charge of Rs5.67bn, Cnergyico PK Limited closed the nine-month period with a profit after taxation of Rs17.10bn, compared to a loss of Rs1.76bn reported in the corresponding period of last year.

STATEMENT OF PROFIT OR LOSS FOR THE NINE MONTH ENDED MARCH 31, 2026 (Rs000)

Description

2026

2025

Change (%)

Revenue from contract with customers

336,194,482

279,778,891

20.16%

Discounts, taxes, levies and duties

(74,330,169)

(61,708,544)

20.45%

Revenue from contract with customers - net

261,864,313

218,070,347

20.08%

Cost of sales

(234,585,118)

(213,771,198)

9.74%

Gross profit / (loss)

27,279,195

4,299,149

534.53%

Administrative expenses

(1,475,058)

(1,346,156)

9.58%

Selling and distribution expenses

(552,849)

(495,478)

11.58%

Other expenses

-

(401,544)

Other income

130,389

355,959

-63.37%

Operating profit / (loss)

25,381,677

2,411,930

952.34%

Finance costs

(2,551,495)

(3,750,174)

-31.96%

Profit / (loss) before taxation

22,830,182

(1,338,244)

Minimum taxes

(53,096)

(1,236,877)

-95.71%

Income tax

(5,673,749)

816,913

Profit / (loss) after taxation

17,103,337

(1,758,208)

Earnings / (loss) per share - Basic and diluted

3.11

(0.32)

 

Copyright Mettis Link News

 

 

 

Related News

Name Price/Vol %Chg/NChg
KSE100 187,103.81
287.99M
-0.19%
-350.89
ALLSHR 113,021.93
691.01M
-0.16%
-176.67
KSE30 55,923.76
127.98M
-0.37%
-206.64
KMI30 264,286.67
87.82M
-0.53%
-1402.10
KMIALLSHR 72,639.65
350.17M
-0.33%
-238.44
BKTi 53,134.47
75.50M
0.48%
255.83
OGTi 38,035.00
5.42M
-1.10%
-421.53
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,280.00 64,770.00
62,925.00
-605.00
-0.95%
BRENT CRUDE 72.79 73.15
72.04
0.80
1.11%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-0.55
-0.52%
ROTTERDAM COAL MONTHLY 119.15 0.00
0.00
0.15
0.13%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 69.30 69.63
68.58
0.75
1.09%
SUGAR #11 WORLD 15.15 15.22
15.14
-0.07
-0.46%

Chart of the Day


Latest News
July 07, 2026 at 01:29 PM GMT+05:00

Gold price in Pakistan falls Rs2,500 per tola


July 07, 2026 at 01:00 PM GMT+05:00

FM sets up SME finance task force to expand credit access


July 07, 2026 at 12:13 PM GMT+05:00

PSX reconstitutes JS Momentum Factor Index


July 07, 2026 at 11:50 AM GMT+05:00

Select Technologies IPO subscribed 1.73x



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg