Eterna Plc has announced its unaudited financial results for the first quarter ended March 31, 2026, posting a solid performance driven by sustained operational efficiency and growth across its core business segments.
  
The company recorded revenue of N70.45 billion for the quarter, while profit before tax stood at N1.65 billion, reflecting strong momentum in the opening quarter of the financial year.
  
Profit after tax for the period settled at N1.38 billion, with earnings per share closing at N1.06, highlighting the firm’s focus on shareholder value and disciplined financial management.
  
Eterna’s balance sheet remained resilient, supported by strategic investments in product inventory, a move the company said positions it for improved operational efficiency and growth in the next quarter, while sustaining service delivery across its nationwide operations.
  
Commenting on the results, the Managing Director/Chief Executive Officer,  Olumide Adeosun, stated that the performance reflects the Company’s continued focus on operational excellence, cost discipline, and strategic expansion initiatives.

“Eterna Plc will continue to build on this momentum through targeted investments in its retail network, growth in its aviation, lubricants and gas segments, alongside ongoing initiatives aimed at improving operational efficiency and delivering sustainable value to stakeholders,” he stated

The company added that the full unaudited consolidated financial statements for the period ended March 31, 2026, are available on its website.