KARACHI: Wafi Energy Pakistan Limited reported a robust financial performance for the quarter ended March 31, 2026, with profit after tax more than doubling compared to the same period last year, supported by strong revenue growth and improved operating profitability.
According to the company’s financial results, profit after tax rose to Rs2.16 million during the first quarter of 2026, compared with Rs0.87 million in the corresponding period of 2025. Earnings per share (EPS) increased to Rs10.11, up from Rs4.08 a year earlier.
The company posted net revenue of Rs134.57 million, marking a significant increase from Rs89.43 million recorded in the same quarter last year. The higher revenue translated into improved profitability, with gross profit rising to Rs12.38 million from Rs6.87 million.
Operating profit also strengthened considerably, reaching Rs5.66 million, compared with Rs1.61 million in the corresponding quarter of 2025. Despite finance costs of nearly Rs0.48 million, Wafi Energy maintained solid earnings momentum, supported by a contribution from its associate and disciplined cost management.
The company’s total assets increased to approximately Rs153.70 million as of March 31, 2026, compared with Rs116.53 million at the end of December 2025, reflecting expansion in working capital and inventory. Shareholders’ equity also improved to Rs26.12 million from Rs24.81 million at the end of the previous financial year.
The Board of Directors did not recommend any cash dividend, bonus shares, or right shares for the quarter and confirmed that there was no other price-sensitive information or corporate action to announce.
The latest results indicate a strong start to 2026 for Wafi Energy Pakistan, with higher sales and improved margins driving substantial earnings growth during the quarter.
