Cnergyico PK Limited reported a significantly improved financial performance for the quarter ended September 30, 2025, narrowing its loss after taxation by 56.4% to Rs792.7 million, compared to a loss of Rs1.82 billion in the same period last year. The loss per share improved to Rs0.14 from Rs0.33.
The company’s performance marked a robust recovery, primarily driven by a remarkable turnaround in its core operations. Net revenue grew by a healthy 7.9% year-on-year to Rs61.61 billion. More critically, the company demonstrated vastly improved operational efficiency, as the cost of sales increased at a slower rate of 3.3%. This disciplined cost management led to a dramatic surge in gross profit, which jumped to Rs724.6 million from a meager Rs82.6 million last year—an increase of over 777%. The gross profit margin expanded to 1.18%, up from just 0.14%.
The most significant achievement was the swing to an Operating Profit of Rs123.1 million, a stark reversal from an Operating Loss of Rs595.2 million in the prior year. This indicates a substantial enhancement in the fundamental health of the refining business. The bottom line was further aided by a significant 30.8% reduction in finance costs, which fell to Rs836.1 million. These factors combined to more than halve the loss before taxation. The net loss margin improved markedly to -1.29% from -3.19%, underscoring a stronger financial position and a clear path toward potential profitability.
