TBT DESK: Baraka Patenga Power Limited more than doubled its net profit in the first quarter of the current fiscal year, supported by improved operational performance of its business units and subsidiaries, lower financial expenses and increased demand for electricity.
The company reported a consolidated net profit after tax of Tk 232.06 million in the July-September quarter of 2026, up 103.38 per cent from Tk 114.10 million in the same quarter of the previous year, according to its unaudited financial statements.

The company disclosed the financial performance in a letter sent to the Bangladesh Securities and Exchange Commission (BSEC), Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on November 12, following approval of the quarterly financial statements by its board of directors.

The substantial increase in profit was primarily driven by improved performance across the company's business units and subsidiaries. Lower financial expenses and higher demand for power supply compared with the corresponding period of the previous year also contributed to the growth, the company said in its disclosure.