Dubai Electricity & Water Authority Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Net Sales

7,924.24

10,315.95

8,637.53

5,964.10

7,443.05

9,870.24

7,864.07

Other Operating Income

0.00

Total Operating income

7,924.24

10,315.95

8,637.53

5,964.10

7,443.05

9,870.24

7,864.07

Raw Material Cost

4,869.72

5,564.53

5,213.04

4,467.69

4,776.40

5,599.80

5,038.26

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

1,160.36

1,030.43

1,012.93

1,052.13

1,090.91

1,378.72

1,005.84

Power Cost

0.00

Manufacturing Expenses

593.57

383.33

428.36

421.72

614.86

484.27

503.84

Selling and Distribution Expenses

761.09

786.90

599.32

739.37

304.40

857.15

544.14

Other Expenses

-175.39

-141.38

-144.13

-147.39

-170.58

-186.30

-150.97

Total Expenditure (Excl Depreciation)

5,630.81

6,351.42

5,812.36

5,207.06

5,080.80

6,456.95

5,582.40

Operating Profit (PBDIT) excl Other Income

2293.4

3964.5

2825.2

757

2362.2

3413.2999999999997

2281.7

Other Income

-15.06

35.66

137.49

158.95

-95.89

280.78

311.67

Operating Profit (PBDIT)

4,091.76

5,725.75

4,611.33

2,527.23

3,932.45

5,409.88

4,256.47

Interest

593.57

383.33

428.36

421.72

614.86

484.27

503.84

Exceptional Items

695.27

696.85

100.55

90.31

259.73

-0.97

0.10

Gross Profit (PBDT)

3,054.52

4,751.43

3,424.49

1,496.41

2,666.65

4,270.44

2,825.81

Depreciation

1,735.61

1,723.46

1,645.47

1,604.59

1,640.53

1,688.48

1,660.16

Profit Before Tax

2,457.86

4,315.81

2,638.05

591.23

1,936.79

3,236.16

2,092.57

Tax

233.76

378.28

239.97

95.59

176.87

319.29

186.06

Provisions and contingencies

0.00

Profit After Tax

1,980.52

3,610.98

2,257.57

497.82

1,646.21

2,858.65

1,860.38

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,980.52

3,610.98

2,257.57

497.82

1,646.21

2,858.65

1,860.38

Share in Profit of Associates

0.00

Minority Interest

243.59

326.54

140.51

-2.18

113.70

58.22

46.13

Other related items

0.00

Consolidated Net Profit

2,224.10

3,937.52

2,398.08

495.64

1,759.91

2,916.87

1,906.51

Equity Capital

0.00

Face Value

0.01

Reserves

91,016.52

89,117.91

88,692.08

86,472.19

89,349.23

87,976.76

88,830.85

Earnings per share (EPS)

0.04

0.07

0.05

0.01

0.03

0.06

0.04

Diluted Earnings per share

0.04

0.07

0.05

0.01

0.03

0.06

0.04

Operating Profit Margin (Excl OI)

29.92%

38.45%

32.75%

12.8%

32.08%

34.86%

29.05%

Gross Profit Margin

52.92%

58.54%

49.59%

36.82%

48.06%

49.89%

47.72%

PAT Margin

24.99%

35.0%

26.14%

8.35%

22.12%

28.96%

23.66%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - YoY

Net Sales

YoY Growth in quarter ended Dec 2025 is 6.47% vs 6.07% in Dec 2024

Consolidate Net Profit

YoY Growth in quarter ended Dec 2025 is 26.38% vs -2.43% in Dec 2024

Operating Profit (PBDIT) excl Other Income

YoY Growth in quarter ended Dec 2025 is 1.95% vs 23.49% in Dec 2024

Interest

YoY Growth in quarter ended Dec 2025 is -3.46% vs 188.14% in Dec 2024

Operating Profit Margin (Excl OI)

YoY Growth in quarter ended Dec 2025 has fallen from Dec 2024

Compare Quarterly Results Of Dubai Electricity & Water Authority With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(AED)

Change(%)

Net Sales

7,924.24

12,138.00

-4,213.76

-34.72%

Other Operating Income

0.00

Total Operating income

7,924.24

12,138.00

-4,213.76

-34.72%

Raw Material Cost

4,869.72

9,574.00

-4,704.28

-49.14%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

1,160.36

0.00

1,160.36

Power Cost

0.00

Manufacturing Expenses

593.57

766.00

-172.43

-22.51%

Selling and Distribution Expenses

761.09

839.00

-77.91

-9.29%

Other Expenses

-175.39

-76.60

-98.79

-128.97%

Total Expenditure (Excl Depreciation)

5,630.81

10,413.00

-4,782.19

-45.93%

Operating Profit (PBDIT) excl Other Income

2,293.43

1,725.00

568.43

32.95%

Other Income

-15.06

482.00

-497.06

-103.12%

Operating Profit (PBDIT)

4,091.76

4,561.00

-469.24

-10.29%

Interest

593.57

766.00

-172.43

-22.51%

Exceptional Items

695.27

14.00

681.27

4,866.21%

Gross Profit (PBDT)

3,054.52

2,564.00

490.52

19.13%

Depreciation

1,735.61

2,354.00

-618.39

-26.27%

Profit Before Tax

2,457.86

1,455.00

1,002.86

68.93%

Tax

233.76

527.00

-293.24

-55.64%

Provisions and contingencies

0.00

Profit After Tax

1,980.52

1,387.00

593.52

42.79%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,980.52

1,387.00

593.52

42.79%

Share in Profit of Associates

0.00

Minority Interest

243.59

-275.00

518.59

188.58%

Other related items

0.00

Consolidated Net Profit

2,224.10

1,112.00

1,112.10

100.01%

Equity Capital

0.00

Face Value

0.01

1.00

0.00

Reserves

91,016.52

1,02,454.00

-11,437.48

-11.16%

Earnings per share (EPS)

0.04

0.01

0.03

300.00%

Diluted Earnings per share

0.04

0.01

0.03

300.00%

Operating Profit Margin (Excl OI)

29.92%

14.21%

0.00

15.71%

Gross Profit Margin

52.92%

31.38%

0.00

21.54%

PAT Margin

24.99%

11.43%

0.00

13.56%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 792.42 Million

in Dec 2025

Figures in Million

QoQ Growth in quarter ended Dec 2025 is -23.19% vs 19.43% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 6.47% vs 6.07% in Dec 2024

Quarterly - Consolidate Net Profit

Consolidate Net Profit 222.41 Million

in Dec 2025

Figures in Million

QoQ Growth in quarter ended Dec 2025 is -43.51% vs 64.19% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 26.38% vs -2.43% in Dec 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 410.68 Million

in Dec 2025

Figures in Million

QoQ Growth in quarter ended Dec 2025 is -27.83% vs 27.19% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 1.95% vs 23.49% in Dec 2024

Quarterly - Interest

Interest 59.36 Million

in Dec 2025

Figures in Million

QoQ Growth in quarter ended Dec 2025 is 54.87% vs -10.53% in Sep 2025

YoY Growth in quarter ended Dec 2025 is -3.46% vs 188.14% in Dec 2024

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 29.92%

in Dec 2025

Figures in %

QoQ Growth in quarter ended Dec 2025 has fallen from Sep 2025

YoY Growth in quarter ended Dec 2025 has fallen from Dec 2024