Engro Holdings Limited Announces Half-Year 2025 Results

August 27, 2025:

Engro Holdings Limited (formerly Dawood Hercules Corporation Limited) has announced its un-audited consolidated and standalone financial results for the half year ended June 30, 2025, as approved in the Board of Directors’ meeting held on Wednesday, August 27, 2025 at the Harbor Front Building, Clifton, Karachi.

Key Highlights:

• Cash Dividend: Nil
• IFRS 5 Classification: The Group confirmed that the criteria under “Non-Current Assets Held for Sale and Discontinued Operations” (IFRS 5) are no longer met. As a result, thermal energy assets have been reclassified back to continuing operations, with their assets and liabilities reinstated in the Group’s consolidated statements.
• Reversal of Accounting Impact: The Group reversed accounting adjustments previously recognized in 2023 and 2024, resulting in related adjustments of Rs. 53,756 million (Owners’ Share: Rs. 26,573 million).

Consolidated Financial Performance (Half-Year Ended June 30, 2025):

• Profit After Tax (before remeasurement): Rs. 19,561,718,000
• Accounting impact of thermal energy remeasurement & adjustments: Rs. 53,756,054,000
• Profit After Tax (after remeasurement): Rs. 73,317,772,000
• Owners’ Share: Rs. 35,574,746,000
• EPS: Rs. 29.54

Corporate Restructuring Update:

As previously notified to PSX on May 23, 2025, the Islamabad High Court sanctioned the amalgamation of Deodar (Private) Limited (DPL). Effective June 3, 2025, Pakistan Mobile Communications Limited’s (PMCL) shareholding in DPL has vested into Engro Connect (Private) Limited (ECPL). Consequently, DPL is now a wholly owned subsidiary of the Group through ECPL, and its financial results, assets, and liabilities have been incorporated into Engro Holdings’ consolidated financial statements for the period.