Kohinoor Power Company Limited Announces Financial Results for the Year Ended June 30, 2026

Kohinoor Power Company Limited has announced its financial results for the fiscal year ended June 30, 2026, reporting a net loss of Rs. 3.47 million compared with a net profit of Rs. 10.92 million in the previous financial year. The company disclosed its results in a notice submitted to the Pakistan Stock Exchange (PSX) following a meeting of its Board of Directors held on October 5, 2026.

Rental Income Shows Strong Growth

The company’s rental income increased significantly during the year under review, reaching approximately Rs. 10.22 million compared with Rs. 6.74 million in FY2025. This represents an increase of around 52%, reflecting improved rental revenue during the period.

Gross profit also improved, rising to Rs. 5.48 million from approximately Rs. 2.48 million in the previous year. Operating profit increased to Rs. 5.07 million compared with Rs. 2.79 million in FY2025, indicating stronger operating performance.

Higher Tax Expense Leads to Net Loss

Despite improvements in rental income and operating profit, Kohinoor Power recorded a loss after income taxes of Rs. 3.47 million for FY2026. The company had reported a profit after tax of Rs. 10.92 million in the preceding financial year.

The financial statements show a provision for income taxes of approximately Rs. 7.39 million for FY2026, compared with a positive tax figure of approximately Rs. 8.22 million in FY2025. This change was a major factor behind the difference in the company’s reported bottom-line results.

Earnings per share also declined, moving from a positive Rs. 0.87 in FY2025 to a loss per share of Rs. 0.28 in FY2026.

Cash Position Improves

The company’s cash flow position showed improvement during the year. Net cash generated from operating activities increased to Rs. 8.83 million from Rs. 3.54 million in the previous financial year.

Cash and bank balances rose to Rs. 22.49 million as of June 30, 2026, compared with Rs. 13.20 million a year earlier. This increase indicates a stronger reported cash position at the end of the financial year.

Total assets stood at approximately Rs. 122.88 million, compared with Rs. 124.34 million at the end of FY2025. Total equity declined to Rs. 118.64 million from Rs. 122.11 million, reflecting the impact of the annual loss.

No Dividend Announced

The Board of Directors has not recommended a cash dividend, bonus shares, or right shares for FY2026. The company also reported no other price-sensitive information in its announcement.

The absence of a dividend means shareholders should not expect a distribution from the company for the reported financial year based on this announcement.

Annual General Meeting Scheduled for October 28

Kohinoor Power Company Limited has scheduled its Annual General Meeting (AGM) for Wednesday, October 28, 2026, at 11:30 a.m. The meeting will take place at 06-Egerton Road, opposite LDA Plaza, Lahore.

The company’s share transfer books will remain closed from October 22 through October 28, 2026, inclusive. Share transfers and relevant CDS transactions received in proper order by the company’s registrar on or before October 21 will be considered within the stated deadline for the purposes specified in the notice.

Outlook for Shareholders

Kohinoor Power Company’s FY2026 results present a mixed financial picture. Higher rental income, stronger operating profit, and improved operating cash flows are positive developments. However, the reported after-tax loss, lower earnings per share, and decline in total equity remain important considerations for shareholders.

Investors will likely monitor the company’s future rental income, operating costs, tax position, and cash flow performance to assess whether the improvement in operating results can translate into sustainable profitability.