CNERGY rebounds to Rs11bn profit in FY26

September 24, 2026 (MLN): Cnergyico PK Limited (PSX: CNERGY) staged a massive turnaround for the fiscal year ended June 30, 2026, reporting a consolidated net profit of Rs11.18bn compared to a net loss of Rs3.59bn in the preceding year.

Reflecting this sharp operational recovery, basic and diluted earnings per share (EPS) turned positive at Rs2.05, up from a loss per share (LPS) of Rs0.65 in FY25.

The primary catalyst behind the turnaround was a 38% expansion in top-line revenue alongside a multi-fold expansion in gross profit.

Consolidated net revenue grew to Rs410.24bn, up from Rs296.72bn in FY25. Cost of sales rose by 34% to Rs390.68bn, enabling gross profit to jump nearly 4.7x to Rs19.56bn compared to Rs4.19bn in the prior year.

On the operational front, administrative expenses rose 11% to Rs1.94bn and selling and distribution costs grew 10% to Rs766.74m.

With zero other expenses recorded for the year and net other income contributing Rs175.41m, operating profit surged to Rs17.03bn (up from Rs1.62bn in FY25).

Below the operating line, CNERGY gained significant debt-servicing relief.

Finance costs dropped 28% to Rs3.41bn (down from Rs4.76bn in FY25).

Driven by gross margin expansion and reduced interest charges, profit before taxation reached Rs13.63bn, completely reversing a pre-tax loss of Rs3.14bn in FY25.

The company absorbed a total tax outlay of Rs2.44bn for the year (comprising Rs19.20m in minimum tax and Rs2.42bn in net taxation).

Supported by 38% top-line revenue growth, a 367% surge in gross margins, and a 28% cut in borrowing costs, Cnergyico PK Limited securely closed the fiscal year in the black with a net profit of Rs11.18bn

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