CNERGY swings to Rs13bn 1QFY27 profit

Cnergyico PK Limited reported a consolidated net profit of Rs12.64bn for the three months ended September 30, 2026, reversing a Rs792.70m loss in the same period last year, Mettis Global reported. Basic and diluted earnings per share rose to Rs2.30 from a loss of Rs0.14, as net revenue climbed 135.6% to Rs145.19bn.

Gross profit reached Rs22.13bn, compared with Rs724.64m a year earlier, while operating profit increased to Rs21.47bn from Rs123.11m. Finance costs edged up 4.9% to Rs877.24m, and the company recorded an income tax charge of Rs7.93bn after an income tax credit in the prior-year quarter. The results mark a sharp turnaround for the refinery, with higher revenue and gross profit accompanying the return to a quarterly net profit.