Integrated report

Ignite today, for a better tomorrow.

Following the restructuring of ENL and Rogers, effective 1 July 2025, ER Group now includes most operations and investments of both groups. Even though the restructuring occurred post year-end, we have presented pro forma results of ENL and Rogers as one unified Group to give you a better picture of our performance and strategic direction.

The audited financial statements are presented for the period from 10 March 2025 to 30 June 2025, this being from the date of incorporation to the year end.

Rs 29.9bn

Revenue
FY25 (pro forma results)
Rs 3.6bn

Profit after tax
FY25 (pro forma results)
+ 6,000

shareholders

Value creation model

Shareholder documents

Download Integrated Report FY25

Chairman’s message

In FY24/25, ER Group delivered robust top-line and bottom-line growth while completing a landmark restructuring that brings together the strengths of ENL and Rogers. In his message, the Chairman reflects on a year of disciplined execution, enhanced scale and stronger governance, and sets out how the Group is positioned to create sustainable value for shareholders, employees and the Mauritian economy over the long term.

Read the Chairman’s message

Chairman’s message

Discussion with Group CEO

Following the successful restructuring of ENL and Rogers, Group CEO, Gilbert Espitalier-Noël, highlights that the priority for the year ahead is to strengthen cultural and strategic alignment across segments, capitalising on a shared identity, reinforcing collaboration, and harnessing technology to drive operational excellence. He also underscores the importance of building leadership capacity, accelerating the group’s sustainability and digital transformations, and pursuing disciplined local and regional growth.

"Integration, in other words, is not just a matter of scale; it is a catalyst for value creation."

Gilbert ESPITALIER-NOËL Group CEO | ER Group

Read the Discussion with Group CEO

People

At ER Group, our people are at the heart of everything we do. We build a future-ready workforce through a people strategy anchored on four key pillars: Elevate Capabilities, Enable Performance, Enhance Engagement, and Embed Future-Fitness in our teams.

7,278

employees
13%

employee base
located overseas
83,796

hours invested
in training

Download the full report

Sustainability & inclusive development

27800 m2 of biodiversity sites protected in partnership with NGOs

7173 MWh PV electricity sent to the national grid in FY25

62129 tonnes of waste generated, of which 42% diverted from landfill

Download the full report

Performance review

The Board of Directors considered it important to present pro forma consolidated results from ENL and Rogers as a single, unified group. This provides a view of what ER Group’s performance would have been, had the restructuring been effective for the full financial year ended 30 June 2025 and creates a solid foundation for meaningful comparisons in the years ahead.

Rs 29.90 bn

Revenue

Rs 4.70 bn

Operating profit

Rs 3.60 bn

Profit after tax

Rs 41.50 bn

Net assets