Copasa reported first quarter 2026 results with net profit of R$ 368.1 million, down 14% compared to the same period in 2025. Net revenue grew 3.2%, but costs rose more and pressured profit margins.
Copasa is the sanitation company of Minas Gerais state, responsible for water, sewage and solid waste services. The company implemented a tariff revision in January 2026 with a 6.56% adjustment, but faced an 8% increase in costs and expenses during the period, which pressured its profit margins.
Net profit was R$ 368.1 million in the first quarter of 2026, down 14% compared to the same period in 2025
EBITDA was R$ 787.4 million, down 3.2% year-over-year
Covered by only some sources, or where the accounts diverge.
Covered by only some sources (2)
Delinquency rate increased from 2.91% at the end of 2025 to 3.09%
Consolidated net debt was R$ 7.09 billion at the end of March, compared to R$ 5.37 billion a year earlier
Conflicting versions (2)
Total costs and expenses value for the quarter
Negative financial result for the quarter
No gaps declared — all sources converge on the material facts.