EPQL declares Rs2.5 Q2 dividend

July 30, 2025 (MLN): Engro Powergen Qadirpur Limited (PSX: EPQL) has declared a cash dividend of Rs2.50 per share for the second quarter ended June 30, 2025, despite reporting a sharp decline in earnings.

The company posted a net profit of Rs459.9 million [EPS: Rs1.42] during the half year ended June 30, 2025, down 71.4% compared to Rs1.61 billion [EPS: Rs4.97] in the same period last year (SPLY).

The company's revenue dropped by 20.2% to Rs5.26bn as compared to Rs6.59bn in SPLY. Meanwhile, cost of revenue also declined by 12.3%, but not enough to offset the impact, resulting in a sharp 51.5% drop in gross profit to Rs646m during the period.

Administrative expenses increased by 16% YoY to Rs198.98m, while other expenses surged 37.3% to Rs31.42m.

On the positive side, other income witnessed a remarkable increase of 394.8%, clocking in at Rs7.46m in 1H2025 versus Rs1.51m in the corresponding period.

As a result, profit from operations dropped significantly by 62.9% YoY, falling to Rs423.1m. Furthermore, finance income declined sharply by 88% YoY to Rs56.9m.

Taxation expenses rose sharply to Rs20.13m, up 345.4% YoY.

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