Cnergyico PK Limited (PSX: CNERGY) has reported a remarkable financial turnaround, posting a profit after tax of Rs17.10 billion for the nine months ended March 31, 2026, compared to a loss of Rs1.76 billion in the same period last year.
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The company’s earnings per share (EPS) also rebounded strongly to Rs3.11, reversing a loss per share of Rs0.32, signalling significant value creation for shareholders.
CNERGY’s performance was driven by a notable increase in revenue, which rose over 20 percent year-on-year to Rs261.86 billion. At the same time, cost of sales grew at a slower pace, allowing gross profit to surge more than fivefold to Rs27.28 billion, emerging as the key driver behind the earnings recovery.
Operating performance also improved significantly, with operating profit jumping over 950 percent to Rs25.38 billion, reflecting stronger margins and improved cost management. Additionally, finance costs declined by nearly 32 percent, further supporting the bottom line.
As a result, the company recorded a profit before tax of Rs22.83 billion, compared to a pre-tax loss in the corresponding period last year. After accounting for taxation, the company closed the period with a robust net profit, highlighting a decisive turnaround in its financial position.
The results underscore a strong recovery in CNERGY’s operational efficiency and profitability, positioning the company for sustained growth as it continues to benefit from improved margins and disciplined cost control.
