SEPC Q1 profit doubles to Rs 165 million

SEPC Limited, a leading Engineering, Procurement, and Construction (EPC) company with a diversified presence across water and municipal services, roads, industrial infrastructure, and mining, has announced its unaudited financial results for the first quarter of FY26.

The company reported total income of Rs 2.04 billion in Q1 FY26, compared with Rs 1.78 billion in the same period last year, marking a 14.4 per cent increase. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at Rs 298 million, up 11.9 per cent year-on-year, with an EBITDA margin of 14.6 per cent.

Net profit more than doubled to Rs 165 million in Q1 FY26 from Rs 81 million a year earlier, reflecting growth of 104.8 per cent. Net profit margin improved to 8.1 per cent, against 4.5 per cent in Q1 FY25. Diluted Earnings Per Share (EPS) rose sharply to Rs 0.11 from Rs 0.06, an increase of 83.3 per cent.

Commenting on the performance, Mr Abdulla Mohammad Ibrahim Hassan Abdulla, Chairman and Non-Executive Director of SEPC Limited, said:
“The quarter marked a period of steady progress with meaningful steps taken to strengthen our position in core and emerging sectors. The successful rights issue has enhanced our financial flexibility, enabling us to pursue growth opportunities with greater confidence. Recent contract wins in power plant operations, international infrastructure, and large-scale solar EPC highlight the breadth of our capabilities and our ability to deliver diverse, high-value projects. These developments reinforce client trust in our execution strength across geographies.”

He further added that the company’s priorities include disciplined project execution, expansion into high-potential sectors, and leveraging technical expertise to capture new opportunities. With a strong order pipeline and supportive industry dynamics, SEPC expects to maintain sustainable business growth in the quarters ahead.

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