Karachi: Kohinoor Energy Limited has reported a substantial increase in its financial performance for the first quarter ending on September 30, 2026. The company's unconsolidated condensed interim statement of profit or loss reveals a significant jump in sales and profits compared to the same period last year.
The energy company recorded sales of 4.47 billion rupees for the period from July to September 2026, compared to 798.47 million rupees in the corresponding quarter of 2025. This marks a very large or significant move in sales, reflecting a notable increase in revenue generation.
Cost of sales for the quarter stood at 3.92 billion rupees, up from 575.70 million rupees in the previous year. Despite the rise in costs, Kohinoor Energy Limited achieved a gross profit of 549.38 million rupees, compared to 222.77 million rupees in the same quarter last year.
After accounting for administrative expenses of 77.70 million rupees, the operating profit amounted to 471.68 million rupees, a substantial improvement from 152.27 million rupees in the previous year. Finance costs increased to 61.71 million rupees from 15.19 million rupees, yet the company reported a profit before levy and taxation of 411.83 million rupees, up from 140.50 million rupees last year.
The company's profit before taxation was recorded at 411.83 million rupees, with only a minimal taxation impact of 52,000 rupees. Consequently, the profit after tax rose to 411.78 million rupees from 139.51 million rupees in the previous year, showcasing a significant improvement in profitability.
Earnings per share, both basic and diluted, for the quarter were 2.43 rupees, compared to 0.82 rupees in the previous year.
The financial position as of September 30, 2026, indicates that the total equity and liabilities stood at 7.91 billion rupees, up from 7.19 billion rupees in June 2026. The company's current liabilities increased to 2.69 billion rupees from 2.38 billion rupees, with short-term finances being a major component at 2.35 billion rupees.
According to information available from the Pakistan Stock Exchange (PSX), Kohinoor Energy Limited's performance in the designated market category highlights the company's robust financial growth during the first quarter of 2026.
On the assets side, the company reported non-current assets of 2.23 billion rupees and current assets of 5.68 billion rupees, reflecting an increase from the previous quarter. Notably, trade debts rose to 3.62 billion rupees from 2.54 billion rupees, while stock-in-trade increased to 932.80 million rupees from 548.00 million rupees.
These results underscore Kohinoor Energy Limited's solid financial standing and its ability to enhance revenue and profitability in a competitive market environment.