KOHP 1QFY27 profit drops 32%

Mettis Global reported that Kohinoor Power Company Limited (KOHP) earned net profit of Rs965,061 in the quarter ended September 30, 2026, down 32% from Rs1.42m a year earlier. Basic earnings per share fell 27% to Rs0.08 from Rs0.11. Rental income, however, increased 9% to Rs2.71m, while direct costs eased 7% to Rs872,246.

Gross profit rose 18% to Rs1.84m, lifting the margin to 67.79% from 62.53%. The improvement was outweighed by administrative expenses climbing 59% to Rs1.10m and other income shrinking 52% to Rs423,991, contributing to a 33% fall in operating profit to Rs1.16m. Levies provision increased to Rs197,663 from Rs31,176, while no income tax provision was recorded for the quarter, compared with Rs296,791 last year.