RusHydro's net profit under IFRS increased by 96.6% in the first quarter

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AK&M 29 May 2026 11:37

RusHydro's net profit under IFRS for the first quarter of 2026 reached 37.2 billion rubles, which is 96.6% more than a year earlier – 18.94 billion rubles. This is evidenced by the company's data.

Revenue increased by 19% to 210.9 billion rubles from 177.3 million rubles. The total revenue, including government subsidies, increased by 19.1% and reached 231.1 billion rubles. EBITDA increased to 79.1 billion rubles. Financial debt increased by 38% to RUB 834.1 million.

During the three months ended March 31, 2026, the group has reasonable confidence in receiving government subsidies in the amount of RUB 20.191 billion. The subsidies relate to the following regions: Kamchatka Krai, the Republic of Sakha (Yakutia), the Magadan Region, the Chukotka Autonomous Okrug and other regions of the Far East.

In particular, the total amount of subsidies received by guaranteeing suppliers, companies belonging to the group, for the three months ended March 31, 2026, amounted to 4.836 billion rubles, according to the company's report.

PJSC Federal Hydrogenating Company RusHydro (TIN 2460066195) unites renewable energy facilities in Russia and abroad, thermal power plants and electric grid assets in the Far East, as well as energy marketing companies and research and design institutes.

The installed capacity of the RusHydro Group's generation facilities amounted to 38.7 GW by the end of 2025.

The share capital structure of PJSC RusHydro as of March 31, 2026: RF (62.2%), VTB (12.37%), EN+Group (9.64%), others (15.79%).

According to RA AK&M, by the end of 2024, RusHydro is among the leaders of the fifth ranking of responsibility to society and the fifth ranking of the carbon footprint of the largest Russian companies.

The net profit of the RusHydro group under IFRS for 2025 amounted to 117.84 billion rubles against the negative result of 2024 — 61.16 billion rubles. Revenue increased by 14.5% to 663.77 billion rubles from 579.8 billion rubles. Revenue, including government subsidies, increased by 15.3% to 741.3 billion rubles. EBITDA increased by 45.7% to RUB 219.7 billion.

The net profit of PJSC RusHydro according to RAS for 2025 amounted to 66.9 billion rubles against a loss of 13.4 billion rubles a year earlier. EBITDA increased to RUB 169.4 billion.

PJSC RusHydro's RAS net profit for the first quarter of 2026 increased by 74.8% to 23.52 billion rubles from 13.46 billion rubles a year earlier. EBITDA amounted to 52.6 billion rubles. Revenue increased by 22% to 83 billion rubles from 68 billion rubles.