HUBC 1QFY27 profit climbs 10%
Mettis Global • • 1 min read
Mettis Global reported that Hub Power Company’s consolidated net profit rose 10.1% year on year to Rs14.62 billion in the quarter ended September 30, 2026. Earnings per share increased to Rs9.86 from Rs8.96 in the same period last year. The company also announced an interim dividend of Rs5 per share for the quarter.
Net turnover increased 27.1% to Rs22.11 billion, while cost of revenue climbed 43.8% to Rs14.11 billion, limiting gross profit growth to 5.5%. Profit from operations advanced 8.8% to Rs8.88 billion, with finance costs down 13.1% and the share of profit from associates and joint ventures up 17.9%. Higher tax expense, which rose 51.2% to Rs4.80 billion, partly offset the improvement in pre-tax profit, which reached Rs19.43 billion.
At a glance
- HUBC’s quarterly net profit rose 10.1% to Rs14.62 billion.
- The company declared an interim dividend of Rs5 per share.
- Earnings per share increased to Rs9.86 from Rs8.96.
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Originally reported by Mettis Global
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