KARACHI: Nishat Chunian Power Limited (NCPL) reported a solid financial performance for the third quarter ended March 31, 2026, posting a significant increase in profitability while announcing an interim cash dividend of PKR 1.50 per share (15%) for its shareholders.
According to the company’s financial results approved by the Board of Directors on April 28, 2026, the company earned a net profit of PKR 681.1 million during the January–March 2026 quarter, compared with PKR 451.3 million in the corresponding period last year. Earnings per share (EPS) improved to PKR 1.85, up from PKR 1.23 a year earlier.
For the nine months ended March 31, 2026, Nishat Chunian Power posted a net profit of PKR 1.58 billion, a remarkable turnaround from the loss of PKR 3.28 billion recorded during the same period of FY2025. The company’s cumulative EPS also recovered to PKR 4.30, compared with a negative PKR 8.93 in the corresponding period last year.
The improvement in earnings was supported by higher revenue and a substantial contribution from the company’s share of profit from its equity-accounted investee during the quarter. Quarterly revenue from contracts with customers climbed to PKR 2.17 billion, up from PKR 1.25 billion in the same quarter last year.
The Board also recommended an interim cash dividend of PKR 1.50 per share, equivalent to 15%, for the quarter ended March 31, 2026. Shareholders whose names appear on the register at the close of business on May 8, 2026, will be entitled to receive the dividend. The company’s share transfer books will remain closed from May 11 to May 12, 2026 for the purpose of determining entitlement.
On the balance sheet, total equity strengthened to PKR 24.81 billion as of March 31, 2026, compared with PKR 23.23 billion at the end of June 2025, reflecting the impact of improved profitability during the financial year.
The latest results highlight Nishat Chunian Power’s continued financial recovery and improved operational performance, providing shareholders with both stronger earnings and a cash payout as the company maintains its focus on delivering sustainable value.
