Nishat Power Limited Reports 1st Quarter Financial Performance Highlighting Revenue Surge

Lahore: Nishat Power Limited has disclosed its financial results for the first quarter ending on September 30, 2026. The company reported a significant increase in its revenue from contracts with customers, amounting to 8.25 billion rupees, compared to 1.67 billion rupees in the same period last year. This marks a very large or significant move in revenue.

The cost of sales for the period was recorded at 7.73 billion rupees, up from 1.28 billion rupees in the previous year. Consequently, the gross profit stood at 515.64 million rupees, an increase from 390.58 million rupees.

Administrative expenses rose to 157.01 million rupees from 129.27 million rupees, and other expenses were noted at 6.97 million rupees, having no corresponding figure from the previous year. The profit from operations was reported at 465.08 million rupees, a decline from 697.22 million rupees from the prior year.

The company's finance cost increased to 58.77 million rupees from 7.02 million rupees. Profit before levy and taxation was 616.80 million rupees, slightly down from 690.20 million rupees, while profit before taxation was recorded at 598.50 million rupees compared to 689.71 million rupees last year.

According to information available from the Pakistan Stock Exchange (PSX), the profit after taxation for the quarter was 541.38 million rupees, down from 584.30 million rupees in the previous year, indicating a moderate move. The earnings per share decreased to 1.53 rupees from 1.65 rupees.

On the balance sheet, the total equity and liabilities as of September 30, 2026, stood at 36.40 billion rupees, reflecting an increase from 35.52 billion rupees as of June 30, 2026. The company's total equity decreased slightly to 29.71 billion rupees from 29.90 billion rupees. Current liabilities rose markedly to 6.68 billion rupees from 5.43 billion rupees.

Total assets amounted to 36.40 billion rupees, up from 35.52 billion rupees at the end of June 2026. Non-current assets were reported at 22.00 billion rupees, a decrease from 22.93 billion rupees. Current assets saw an increase to 14.40 billion rupees from 12.59 billion rupees, with trade debts reaching 9.61 billion rupees, up from 6.54 billion rupees, marking a very large or significant move.

Nishat Power Limited's financial report for the first quarter highlights substantial changes in revenue, costs, and asset management, reflecting both strategic shifts and market conditions as of the date of the report, October 27, 2026.