SGPL loss narrows 2% in FY26

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MG News | October 01, 2026 at 10:56 AM GMT+05:00

October 01, 2026 (MLN): S. G. Power Limited (PSX: SGPL) reported a slight reduction in its net loss for the fiscal year ended June 30, 2026, recording Rs8.21m compared to a net loss of Rs8.40m in the preceding year.

Reflecting this minor loss reduction, basic and diluted loss per share (LPS) improved slightly to Rs0.46, down from Rs0.47 in FY25.

During FY26, the company recorded zero revenue from its power segment as operations remained fully discontinued (down from Rs6.15m in FY25 with generation costs of Rs7.93m). Consequently, gross loss from power generation stood at zero compared to a gross loss of Rs1.79m in the prior year.

On the operational front, total administrative and selling expenses decreased 19% to Rs5.33m (down from Rs6.62m in FY25).

However, the company incurred "other charges" of Rs2.88m, bringing total operating expenses and operating loss to Rs8.21m (compared to an operating loss of Rs8.40m in FY25).

Below the operating line, bank charges accounted for a minor Rs1,886 (down from Rs3,453 in FY25). With zero taxation outlays recorded for both periods, SGPL closed the fiscal year with a net loss of Rs8.21m

STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED JUNE 30, 2026 (Rs.)

Description

2026

2025

change %

Revenue from Power Segment

-

6,145,860

Generation cost

-

(7,931,978)

Gross (Loss)

-

(1,786,118)

Administrative and selling expenses

(5,327,867)

(6,615,074)

-19.5%

Other Charges

(2,878,132)

-

Total Operating Expenses

(8,205,999)

(6,615,074)

24.0%

Operating Profit / (Loss)

(8,205,999)

(8,401,192)

-2.3%

Bank charges

(1,886)

(3,453)

-45.4%

Profit / (Loss) Before Taxation

(8,207,885)

(8,404,645)

-2.3%

Taxation

-

-

Net Profit / (Loss) After Taxation

(8,207,885)

(8,404,648)

-2.3%

Earnings / (Loss) per Share - Basic and Diluted (Rupees)

(0.46)

(0.47)

-2.1%

 

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