Karachi: Cnergyico Pk Limited has reported a significant financial turnaround for the nine-month period ending March 31, 2026. The company’s Board of Directors approved the unaudited financial statements during a meeting held on April 28, 2026, at their corporate office in Karachi.
The financial results, which include both standalone and consolidated statements, reveal a notable improvement in profitability. According to the standalone financial statements, the company achieved a profit after taxation of 17.71 billion rupees for the nine-month period, contrasting sharply with the loss of 1.11 billion rupees recorded in the same period last year.
The company’s total assets increased to 456.15 billion rupees as of March 31, 2026, up from 376.31 billion rupees as of June 30, 2025. This growth is largely attributed to an increase in current assets, which rose to 152.02 billion rupees from 70.04 billion rupees. A significant rise was noted in the stock-in-trade, which increased to 101.42 billion rupees from 37.06 billion rupees, and trade debts, which grew to 38.67 billion rupees from 25.03 billion rupees.
Equity and reserves also showed improvement, with the total equity increasing to 219.95 billion rupees, compared to 202.24 billion rupees in the previous period. Notably, the reserves improved to (12.72 billion) rupees from (32.11 billion) rupees, indicating a positive shift in the company’s financial health.
The company’s liabilities saw a shift as well, with non-current liabilities decreasing to 73.38 billion rupees from 75.81 billion rupees, while current liabilities increased to 162.82 billion rupees from 98.26 billion rupees. The increase in current liabilities was primarily driven by a rise in trade and other payables, which surged to 150.21 billion rupees from 82.17 billion rupees.
According to information available from the Pakistan Stock Exchange (PSX), Cnergyico Pk Limited’s financial performance represents a very large or significant move, marking a stark reversal from its previous losses. The company’s comprehensive income for the period also mirrored this trend, with a total comprehensive income of 17.71 billion rupees, compared to a loss of 1.11 billion rupees in the prior year.
This financial report underlines the company’s ability to navigate challenging market conditions and highlights their strategic efforts to enhance profitability and asset management. The quarterly report for the nine months ending March 31, 2026, will be transmitted through PUCARS within the designated market category timeframe.