Companhia de Saneamento Básico do Estado de São Paulo (SABESP) reported a decrease in EPS from R$14.02 in FY24 to R$12.37 in FY25, despite a significant increase in Capex to R$15.2 billion aimed at expanding sanitation access. Net income rose by 22% to R$8.46 billion, reflecting strong operational performance and efficiency improvements in the period.