DESCO’s first-quarter profit rises on higher electricity sales
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Dhaka Electric Supply Company Limited (DESCO), a company listed in the power and energy sector on the stock market, reported an increase in earnings per share (EPS) in the first quarter (July to September) of the current 2026-27 fiscal year.
The company recorded earnings per share of Tk 1.78 during the period, up from Tk 1.33 in the same period of the previous fiscal year. This represents an increase of Tk 0.45 per share year over year.
The information was published on the websites of the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) on Sunday.
According to the company’s published unaudited financial statements, revenue increased during the first quarter of the current fiscal year due to higher revenue from electricity distribution, operating income and interest income. The company said increased earnings from these sources compared with the same quarter of the previous year had a positive impact on earnings per share.
Meanwhile, the company’s net operating cash flow per share (NOCFPS) stood at Tk 12.72 during the quarter, compared with Tk 5.48 in the same period of the previous year. This represents an increase of Tk 7.24 per share year over year.
According to the company, cash flow increased due to higher cash collections from customers against electricity sales and increased receipts from interest income.
As of September 30, 2026, the company’s net asset value per share (NAVPS) stood at Tk 40.95, compared with Tk 39.23 as of June 30, 2026. Accordingly, net asset value per share increased by Tk 1.72 over the three-month period.
