EPQL profit plunges 70% to Rs851m in 9MFY25

October 22, 2025 (MLN): Engro Powergen Qadirpur Limited (PSX: EPQL) has revealed its financial results for the nine months ended September 30, 2025, reporting a profit after tax (PAT) of Rs851.1m, marking a 70.4% decline from Rs2.87 billion recorded in the same period last year (SPLY).

The earnings per share (EPS) stood at Rs2.63, down from Rs8.88 in SPLY.

The company’s revenue fell by 16.9% to Rs8.64bn from Rs10.41bn a year earlier, showing lower dispatches under the power purchase agreement and reduced gas availability from the Qadirpur field. Consequently, gross profit dropped 55.5% to Rs1.11bn compared to Rs2.50bn in the same period last year.

Finance income also plunged by 87.7%, reaching Rs87.49m, down from Rs708.28m in SPLY, primarily due to a decline in interest earnings on cash balances and delayed payments.

Administrative expenses increased slightly by 7.7% to Rs313.84m, while other expenses dropped 27.6% to Rs25.69m, indicating tighter cost control measures. Meanwhile, other income rose sharply to Rs18.50m, up from Rs2.55m last year.

As a result, the company’s profit before taxation decreased by 69.6% to Rs877.63m, compared to Rs2.88bn in the same period last year. After accounting for taxation of Rs26.56m, net profit settled at Rs851.1m.

Alongside the results, the company’s board announced an interim cash dividend of Rs0.50 per share (5%) for the nine months ended September 30, 2025. This is in addition to the interim dividend of Rs10 per share (100%) already paid earlier.

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