Mughal Energy reports a quarterly loss of Rs. 15.06 million for the quarter ended September 30, 2026
Financial ResultMughal Energy Limited’s board approved unaudited results for the quarter ended September 30, 2026. The company reported sales of Rs. 274.60 million and a gross profit of Rs. 38.07 million, but recorded a loss of Rs. 15.06 million, compared with a loss of Rs. 1.86 million in the comparable quarter. Loss per share increased to Rs. 0.08 from Rs. 0.01. The board recommended no cash dividend, bonus shares, or right shares.
Payout
- No cash dividend
Key Findings
- Sales were Rs. 274,604,400 and gross profit was Rs. 38,065,009; the corresponding prior-year columns show dashes.
- Loss for the period increased to Rs. 15,060,550 from Rs. 1,864,188, and loss per share increased to Rs. 0.08 from Rs. 0.01.
- Finance cost rose to Rs. 56,138,957 from Rs. 4,674,237.
- The board recommended no cash dividend, bonus shares, or right shares.
- The board approved the results at its meeting on October 29, 2026.
Financial Performance
| Metric | PreviousQuarter ended September 30, 2025 | CurrentQuarter ended September 30, 2026 | Change |
|---|---|---|---|
| Sales - net | - | 274,604,400 | - |
| Gross profit | - | 38,065,009 | - |
| Loss for the period | (1,864,188) | (15,060,550) | -707.9% |
| Loss per share - basic and diluted | (0.01) | (0.08) | -700% |
| Finance cost | 4,674,237 | 56,138,957 | +1,101% |
| Cash and bank balances | 105,410,607 | 127,630,932 | +21.1% |
| Short-term borrowings | 403,433,571 | 328,144,426 | -18.7% |
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.