EPQL profit slumps, total dividend hits Rs11.75/share

February 4, 2026 (MLN): Engro Powergen Qadirpur Limited (PSX: EPQL) reported a profit after tax of Rs836.3 million for the year ended December 31, 2025, showing a 60.9% YoY decline compared to Rs2.14bn in the corresponding period last year.

The company’s earnings per share (EPS) fell sharply to Rs2.58, down from Rs6.61 in the same period last year.

Alongside the results, the board declared a final cash dividend of Rs1.25 per share (12.5%) for the year.

This is in addition to interim cash dividends of Rs10.50 per share (105%) already paid earlier, taking the total cash payout for the year to Rs11.75 per share.

EPQL’s net sales declined 10.3% YoY to Rs11.89bn, compared to Rs13.25bn in last year, primarily showing lower dispatches and reduced plant utilization.

Cost of revenue increased slightly by 1.2% YoY to Rs10.57bn, eroding profitability amid the topline contraction.

As a result, gross profit dropped sharply by 53.1% to Rs1.31bn, down from Rs2.80bn in CY24.

Administrative expenses remained largely flat, inching up just 0.3% YoY to Rs436.4m.

Meanwhile, other expenses declined significantly by 85.8% YoY to Rs64.0m, provided partial relief at the operating level.

Other income surged over threefold to Rs16.5m, compared to Rs4.1m last year, though its absolute impact on profitability remained limited.

Despite lower other expenses, profit from operations declined 56.7% YoY to Rs829.8m, showing the sharp fall in gross profit.

Net finance income dropped 85.5% YoY to Rs33.6m, compared to Rs231.0m in last year.

Consequently, profit before taxation fell 59.8% YoY to Rs863.4m, down from Rs2.15 billion in CY24.

Tax expense increased to Rs27.1m, compared to Rs8.1m last year.

This led to a profit after tax of Rs836.3m, marked a 60.9% YoY decline.

Engro Powergen Qadirpur Limited’s CY25 performance was impacted by lower revenue, compressed gross margins, and reduced finance income, despite disciplined cost control and lower other expenses.

The company continues to generate stable cash flows, as showed in its healthy cumulative dividend payout, emphasizing its commitment to shareholder returns amid a challenging operating environment in Pakistan’s power sector.

Copyright Mettis Link News