KAPCO FY26 profit stays flat at Rs2.5bn, declares Rs1.5 final dividend

Mettis Global reported that Kot Addu Power Company Limited (PSX: KAPCO) posted a net profit of Rs2.52 billion in the year to June 30, 2026, a slip of less than 1% from Rs2.54 billion a year earlier. Earnings per share eased to Rs2.86 from Rs2.88. The board has declared a final cash payout of Rs1.50 per share, equal to 15%, in addition to an interim payment of Rs1.50 per share.

Revenue climbed to Rs19.16 billion from Rs1.56 billion, yet cost of sales of Rs19.20 billion left a gross loss of Rs38.45 million, narrower than the Rs438.16 million loss a year earlier. The company booked no plant upkeep costs this year, compared with Rs2.27 billion in FY25, a saving that helped the bottom line. Other income fell 31% to Rs4.87 billion but stayed the largest earnings contributor, while a Rs355.29 million share of profit from an equity-accounted investment appeared for the first time.

Pre-tax profit rose 25% to Rs3.72 billion, yet the tax charge climbed to Rs1.20 billion from Rs436.93 million, almost triple the earlier figure. Minimum and final tax levies also jumped to Rs109.55 million from Rs22.13 million, while finance costs rose 48% to Rs366.91 million. Taken together, these items left full-year profit down by less than 1%.