KOHE FY26 profit edges up 3%

October 02, 2026 (MLN): Kohinoor Energy Limited (PSX: KOHE) reported a modest 3% increase in its consolidated net profit for the fiscal year ended June 30, 2026, reaching Rs743.64m compared to Rs723.86m in the preceding year.

Reflecting this stable bottom-line performance, basic and diluted earnings per share (EPS) for the year improved to Rs4.39, up from Rs4.27 in FY25.

The primary catalyst supporting final earnings was a 69% reduction in finance costs, which successfully offset gross margin compression and lower non-operating income.

Net revenue from customer contracts surged 47% year-on-year to Rs6.36bn, up from Rs4.33bn in FY25.

However, cost of sales expanded by 74% to Rs5.20bn, causing gross profit to compress 14% to Rs1.16bn compared to Rs1.35bn in the prior year.

On the operational front, overheads expanded. Administrative expenses rose 16% to Rs312.66m.

Combined with an 89% decline in "other income" (Rs4.58m down from Rs42.06m) and other operating expenses of Rs349 thousand, operating profit fell 21% to Rs850.13m.

Below the operating line, KOHE gained substantial debt-servicing relief.

Finance costs dropped significantly by 69% to Rs105.17m (down from Rs343.13m in FY25). This borrowing cost reduction pushed profit before taxation up 2% to Rs744.10m (after accounting for statutory levies of Rs863 thousand).

The company absorbed a reduced corporate taxation charge of Rs457 thousand for the year (down 80% from Rs2.30m in FY25).

Backed by strong top-line dispatch growth, lower tax outlays, and substantial debt cost savings, Kohinoor Energy Limited securely closed the fiscal year with its net profit reaching Rs743.64m.

Copyright Mettis Link News