Tatneft's IFRS profit triples in first half of 2026
Tatneft's (MOEX: TATN) net profit according to IFRS amounted to 165.23 billion rubles for the first half of the year.
Consensus
- Tatneft's net profit under IFRS for the first six months of 2026 was approximately 165.2 billion rubles.
- This represents nearly a threefold increase compared to the same period in 2025.
- Revenue from sales (excluding financial services) increased by 15.8% year-on-year to 881.65 billion rubles.
- Operating profit doubled to 222 billion rubles.
- The board of directors recommended dividends of 32.88 rubles for both ordinary and preferred shares.
- The shareholder meeting to approve dividends is scheduled for September 23.
- The record date for dividend eligibility is October 13.
- The company's authorized capital is 2.326 billion rubles, divided into ordinary and preferred shares with a nominal value of 1 ruble each.
Points of divergence
- Net profit attributable to shareholders is reported as 165.23 billion rubles. — vedomosti
- Net profit under RSBU increased 2.3 times to 152.98 billion rubles, and revenue under RSBU rose 20.8% to 814.1 billion rubles. — vedomosti
- Cost of sales increased by only 0.2% to 532.9 billion rubles. — vedomosti
- The government of Tatarstan owns 34% of the company, 3% are treasury shares, and 13% are in ADRs. — komersant
- The government of Tatarstan controls approximately 36% of voting shares. — interfax
Coverage (3 sources)
- Pure profit of Tatneft by IFRS in H1 grew almost threefold, to 165.2 billion rub. — Интерфакс
- Net profit of Tatneft according to IFRS for six months increased threefold — Ведомости
- Pure profit of Tatneft according to IFRS grew threefold in the first half of the year — Коммерсантъ