Karachi: Engro Corporation is anticipated to report a significant increase in its earnings for the third quarter of the calendar year 2025, according to a preview by AKD Securities Limited. The company's consolidated recurring earnings are projected to reach PkR10.8 billion, translating to earnings per share of PkR8.99. This marks an 89 percent increase compared to the same period last year.

The surge in profitability is primarily attributed to the sustained operations in the company's energy business. The continuation of this segment has eliminated the remeasurement losses that previously affected the carrying value adjustment. Additionally, the telecom business has shown improved performance, further contributing to the overall earnings boost.

Despite the expected increase in earnings, AKD Securities does not foresee any payout accompanying the results for this quarter. The financial advisory firm maintains a 'Buy' recommendation for Engro Corporation, setting a target price of PkR301 per share by December 2025.

This analysis was provided by AKD Securities Limited, offering insights into the financial expectations and strategic outlook for Engro Corporation.