Nishat Power Limited reported investing PKR 2 billion in NexGen Auto and holding 33.33% of its equity. That makes NexGen a substantial minority investment, not a company Nishat Power says it controls. For the nine months ended March 31, 2026, Nishat Power reported PKR 391 million as its equity-accounted share of NexGen’s profit.
What is Nishat Power’s stake in NexGen Auto?
Nishat Power’s third-quarter report for the nine months ended March 31, 2026, records a PKR 2 billion investment and a 33.33% equity holding in NexGen Auto. The percentage indicates a significant minority position; the filing does not describe Nishat Power as having a controlling interest. Nishat Power’s third-quarter report
What does NexGen Auto do?
Nishat Power describes NexGen Auto as a private company incorporated in Pakistan. Its stated business covers assembly and distribution of new-energy vehicles, passenger cars, light commercial vehicles and vans. That describes NexGen’s disclosed scope, not evidence that every vehicle category is already in production or being sold.
Which vehicle brands is NexGen linked to?
A 2025 shareholder disclosure identified Chery Automobile as NexGen’s partner for importing, locally producing and distributing Chery’s Omoda and Jaecoo sub-brands nationwide in Pakistan. This is the partnership plan as disclosed; it does not establish that all planned import, production or distribution activity is currently operational. 2025 shareholder disclosure
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How much profit has Nishat Power reported from NexGen?
For the nine months ended March 31, 2026, Nishat Power reported PKR 391 million as its share of NexGen Auto’s profit. This is Nishat Power’s equity-accounted share for that reporting period—not NexGen’s total profit and not a full-year result. Nishat Power’s Directors’ Review Report described the investment as having “started to yield encouraging results” during the quarter ended March 31, 2026; that is the company’s assessment, while the reported share of profit is the specific interim financial contribution disclosed.
How does the investment fit Nishat Power’s business?
Nishat Power’s established activity is power generation; its NexGen stake adds exposure to automobile assembly and distribution. The investment disclosure gives the capital committed, minority ownership percentage and reported associate-profit contribution, but it does not establish future returns or the commercial success of NexGen’s vehicle plans.
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Is the March 2026 figure the latest full-year update?
No. Nishat Power’s FY2026 annual results and annual report appear in the exchange announcement record, but the available information here does not verify whether they include NexGen-specific updates. The PKR 391 million figure should therefore be treated as the nine-month interim amount, not as Nishat Power’s latest full-year result. Exchange announcement record
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