Cnergyico Posts Rs17.1bn Profit in 9MFY26, Marking Strong Financial Turnaround

New-Cnergyico

KARACHI: Cnergyico PK Limited has reported a remarkable financial recovery for the nine months ended March 31, 2026, posting a consolidated profit after tax of Rs17.10 billion compared to a loss of Rs1.76 billion in the same period last year, according to its filing at the Pakistan Stock Exchange.

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Earnings per share (EPS) improved significantly to Rs3.11 from a loss of Rs0.32, reflecting enhanced shareholder value. Net revenue rose 20.08% year-on-year to Rs261.86 billion, driven by improved refinery throughput, better product pricing, and stable domestic demand.

Cost of sales increased by a comparatively lower 9.74%, resulting in a sharp expansion in margins. Gross profit surged over fivefold to Rs27.28 billion, while operating profit jumped 952.34% to Rs25.38 billion.

Finance costs declined by nearly 32% to Rs2.55 billion, supporting profitability. With profit before tax at Rs22.83 billion and tax expenses of Rs5.67 billion, the company closed the period on a strong footing, reinforcing confidence in Pakistan’s refining sector outlook.

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