Business · Companies · 9 hrs ago
Enerjisa’s third-quarter net profit beats analyst expectations
Turkish energy company Enerjisa reported third-quarter net profit of 3.8 billion lira, nearly four times its profit in the same period last year.
That was well above analysts’ expectation of 2.3 billion lira.
Revenue reached 75.8 billion lira, slightly above market forecasts, but was down 4% year on year.
Lower costs helped lift gross profit by 18%, even as revenue fell.
Profit was also boosted by smaller losses on its net monetary position and 3.3 billion lira in deferred tax income.
Earnings before interest, taxes, depreciation and amortization rose 22% to 15.8 billion lira, but came in below market expectations.
Net debt fell 2% to 83.4 billion lira, and the company’s net debt-to-earnings ratio was 1.4 times.
Enerjisa Enerji reported net profit of 3.8 billion TL for the third quarter of 2026, well above analysts’ 2.3 billion TL estimate.
Net profit was nearly four times the 959 million TL recorded in the same quarter of 2025.
The increase was supported by operational performance, lower net monetary position losses and 3.3 billion TL in deferred tax income.
Revenue reached 75.8 billion TL, slightly above the 74.9 billion TL market consensus.
EBITDA rose 22% year on year to 15.8 billion TL, below the 17.3 billion TL market consensus.
- Who
- Enerjisa Enerji A.Ş.
- What
- It reported third-quarter net profit of 3.8 billion TL, above analysts’ expectations of 2.3 billion TL.
- When
- The third quarter of 2026. The results were published on November 2, 2026.
- Where
- Not stated
- Why
- Operational performance, lower net monetary position losses and 3.3 billion TL in deferred tax income contributed to the increase in net profit.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Net profit
- 3.8 billion TL in the third quarter of 2026
- Analyst net profit estimate
- 2.3 billion TL
- Revenue
- 75.8 billion TL
- EBITDA
- 15.8 billion TL
- Net debt
- 83.4 billion TL at quarter-end
- Regulated asset base
- 111.5 billion TL as of the third quarter of 2026