LPL hits Rs120m profit in 9MCY26

Lalpir Power Limited (LPL) recorded net earnings of Rs119.93m for the nine months to September 30, 2026, against a loss of Rs829.58m in the same period a year earlier, Mettis Global reported. Earnings per share moved from a loss of Rs2.18 to a profit of Rs0.43. The improvement came even as revenue from ongoing operations declined 29% to Rs384.67m.

A 97% reduction in losses from discontinued operations, to Rs41.32m, was the main factor behind the recovery. The company also reported an investment-sale gain of Rs354.26m, while total income dropped 52.9% to Rs368.46m. In Q3CY26, LPL remained in the red with a Rs30m net loss, but this was narrower than the Rs134.76m loss recorded in Q3CY25.