KARACHI: Cnergyico PK Limited has reported a strong financial turnaround for the nine months ended March 31, 2026, posting a standalone profit after tax of Rs17.71 billion, compared to a loss of Rs1.11 billion recorded in the corresponding period last year. The company’s latest unaudited financial results were approved by its Board of Directors at a meeting held on April 28, 2026.
The company’s performance was supported by a sharp rise in sales, with net revenue increasing to Rs261.86 billion, up from Rs218.07 billion a year earlier. Gross profit also improved significantly to Rs27.88 billion, compared with Rs4.94 billion in the same period of FY2025, reflecting stronger operating performance and improved margins.
Operating profit surged to Rs26.06 billion, a substantial increase from Rs3.14 billion in the previous year’s corresponding period. Despite finance costs of Rs2.55 billion and an income tax charge of Rs5.80 billion, the company remained firmly profitable, highlighting a significant recovery in its core business operations.
Earnings per share (EPS) stood at Rs3.22, compared with a loss per share of Rs0.20 during the same period last year, underscoring the company’s return to profitability.
On the balance sheet, Cnergyico’s total assets expanded to Rs456.15 billion as of March 31, 2026, from Rs376.31 billion at the end of June 2025. The increase was mainly driven by higher inventories and trade receivables, reflecting increased business activity. Shareholders’ equity also strengthened, reaching Rs219.95 billion, up from Rs202.24 billion at the close of the last financial year.
The company also generated healthy operating cash flows of Rs13.08 billion during the nine-month period, although financing activities resulted in a net cash outflow due to debt repayments and reductions in short-term borrowings. Cash and bank balances stood at Rs2.66 billion at the end of March 2026.
The board noted that the detailed quarterly report for the nine months ended March 31, 2026, will be circulated separately through the Pakistan Unified Corporate Action Reporting System (PUCARS).
