Eskom Reports R24,3 Billion Interim Profit

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eskom reports r243 billion interim profit

Eskom has reported a profit after tax of R24,3 billion for the six months ended September 30 a 37 increase from the R17,8 billion recorded in the same period last year. The unaudited results reflect progress under the utilitys turnaround plan and follow the announcement in September that Eskom achieved full-year profit for the first time in eight years during FY2025.

Profit before tax rose 41 to R32,5 billion while earnings before interest, tax, depreciation and amortisation increased 11 to R68,5 billion. Revenue grew by 4 to R191,3 billion, supported by the 12,74 tariff increase implemented on April 1. Total sales volumes declined by 3 to 92,8 TWh with local sales at 86 TWh and international sales rising to 6,8 TWh.

According to Eskom, operational stability continued to improve with load shedding limited to 26 hours across four evenings and none since May 15. The period saw the commercial operation of Kusile Unit 6 799 MW and the return to service of Medupi Unit 4 720 MW. Non-technical losses remain a major concern amounting to 7,9 TWh and an estimated R17,5 billion in lost revenue.

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