TPC Consolidated lifts margins and underlying earnings despite NPAT fall

TPC Consolidated Limited ( (AU:TPC) ) has issued an announcement.

TPC Consolidated reported half-year revenue of $103.6 million for the period ended 31 December 2025, a 4.1% rise driven mainly by a $4.4 million increase in gas services. Gross profit and derivative gains climbed 24.9% to $20.9 million as wholesale energy costs fell, lifting gross margin from 14.6% to 20.1% despite higher operating and employee expenses.

Underlying EBITDA surged 62% to $6.5 million and underlying profit before tax rose 70.9% to $6.0 million, underscoring stronger core operations even as reported NPAT declined to $3.4 million from $4.7 million. The company maintained a robust balance sheet with $24.3 million in cash and bank deposits and declared a fully franked interim dividend of 20 cents per share, signalling board confidence in the resilience and long-term outlook of its energy retail business.

The most recent analyst rating on (AU:TPC) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on TPC Consolidated Limited stock, see the AU:TPC Stock Forecast page.

More about TPC Consolidated Limited

TPC Consolidated Limited operates as an energy retailer, supplying electricity and gas services. The company focuses on the Australian market and reports using underlying EBITDA as a key performance measure to align with other ASX-listed energy retailers and provide a clearer view of operational performance.

Average Trading Volume: 799

Technical Sentiment Signal: Sell

Current Market Cap: A$56.94M

For an in-depth examination of TPC stock, go to TipRanks’ Overview page.