Energypac Power Generation PLC plunged into losses in the first quarter of the current fiscal year (FY) as higher finance charges denied any benefit from a recent surge in revenue.

The power engineering company saw its revenue rise 33 percent year-on-year to Tk 93.15 crore in the July-September period of FY25, indicating robust sales growth.

However, mounting finance charges pulled the company into a loss of Tk 35.17 crore, a stark reversal from the Tk 99.65 lakh profit recorded during the same period last year.

This setback translated into a loss per share of Tk 1.85, compared to earnings per share (EPS) of Tk 0.05 in the prior year's corresponding quarter, according to its unaudited financial statements.

Despite the net loss, Energypac's operational cash flow showed modest improvement.

The company's net operating cash flow per share climbed to Tk 0.22 from Tk 0.01 in the same quarter last year, which was attributed to tightened receivables monitoring and extended credit terms with suppliers.

Founded in 1995, Energypac is a diversified industrial company with interests in power generation equipment, construction machinery, agro-machinery and LPG bottling under its G-Gas brand.