Kohinoor Energy's quarterly profit drops 55%

October 22, 2025 (MLN): Kohinoor Energy Limited (PSX: KOHE) reported a profit after tax of Rs139.5m for the quarter ended September 30, 2025, down 55.5% from Rs313.4m in the corresponding quarter last year.

Earnings per share declined to Rs0.82 compared to Rs1.85.

Sales plunged 45.4% year-on-year to Rs798.5m from Rs1.46bn, reflecting significantly weaker revenue generation during the quarter. Cost of sales decreased 40.2% to Rs575.1m from Rs961.9m.

Gross profit contracted 55.5% to Rs222.8m against Rs500.6m in SPLY, with the gross margin declining to 27.9% from 34.2% in the prior year quarter, indicating margin compression alongside lower volumes.

Administrative expenses fell 20.3% to Rs70.5m from Rs88.5m last year.

The company recorded an operating profit of Rs152.3m, down 63.1% from Rs412.1m.

Other income dropped 78.9% to Rs3.4m from Rs16.2m in the previous year. Finance costs decreased significantly by 86.3% to Rs15.2m from Rs110.7m, providing substantial relief to the bottom line.

Profit before taxation fell 55.6% to Rs139.7m from Rs314.6m in the prior period.

Taxation decreased 87.7% to Rs141 thousand from Rs1.1m in SPLY.

The company concluded with a net profit of Rs139.5m, delivering a net profit margin of 17.5% compared to 21.4% in last September. The profit decline was driven by a sharp drop in sales volumes and compressed margins, partially offset by substantially lower finance costs.

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