Lahore: Kohinoor Power Company Limited has released its financial results for the first quarter ending September 30, 2026, as reported on October 28, 2026. The company has shown a notable financial performance during this period, with significant changes in several key financial metrics compared to the previous year.
Rental income for the quarter reached 2.71 million rupees, up from 2.49 million rupees in the same period last year, representing a big move in revenue. Despite a decrease in direct costs, which fell to 872,246 rupees from 934,440 rupees, the gross profit increased to 1.84 million rupees from 1.56 million rupees.
Other income saw a remarkable decline, falling to 423,991 rupees from 875,001 rupees. Administrative expenses, however, increased to 1.10 million rupees from 688,776 rupees, impacting the company's operating profit. The operating profit recorded a decrease, totaling 1.16 million rupees compared to 1.75 million rupees last year.
Finance costs remained negligible at 35 rupees, while profit before levies and income taxes dropped to 1.16 million rupees from 1.75 million rupees. Provisions for levies saw a very large move, increasing to 197,663 rupees from 31,176 rupees. As a result, profit before income taxes was 965,061 rupees, a decline from 1.71 million rupees recorded in the previous year.
The company did not record any provision for income taxes this quarter, compared to 296,791 rupees in the same quarter last year. Consequently, the loss/profit after income taxes stood at 965,061 rupees, down from 1.42 million rupees, reflecting a big move in the loss/profit margin.
Other comprehensive income remained unchanged, resulting in a total comprehensive income after income taxes of 965,061 rupees. Basic earnings per share were reported at 0.08 rupees, down from 0.11 rupees.
According to information available from the Pakistan Stock Exchange (PSX), these results reflect shifts in the market conditions and internal operational adjustments at Kohinoor Power Company Limited. The designated market category for this financial report is the power sector.