EPQL 9MCY26 profit drops 18%

Engro Powergen Qadirpur Limited (EPQL) posted a nine-month profit of Rs700.2m for the period to September 30, 2026, a fall of 18% from Rs851.07m a year earlier, Mettis Global reported. Earnings per share dropped to Rs2.16 from Rs2.63, while the third-quarter profit came to Rs353.79m. The board also announced a third-quarter interim cash dividend of Rs0.75 per share, equal to 7.5%.

Revenue for the nine months rose 17% to Rs10.10bn, but cost of revenue climbed 20% to Rs9.02bn, trimming gross profit by 2% to Rs1.08bn. Operating profit slipped 6% to Rs742m as other income fell 80% and other operating expenses rose. The company also swung from net finance income of Rs87.49m to a finance charge of Rs28.44m, which reduced pre-tax profit by 19%, to Rs713.56m.

Corporate tax charges fell 50% from Rs26.56m to Rs13.36m, but that relief did not offset weaker operating and finance results. The report cited higher generation costs, lower non-operating income and net finance costs as the main pressures on nine-month profit. Administrative expenses rose only 1% to Rs317.65m over the period.