Pakistan Petroleum Limited has released its unaudited condensed interim financial statements for the quarter ended September 30, 2026, showcasing significant growth in revenue and profitability compared to the same period last year.
- Sales Revenue: Increased to PKR 73,998M from PKR 56,812M
- Profit After Taxation (PAT): Rose to PKR 25,203M, up from PKR 20,088M
- Earnings Per Share (EPS): Improved to PKR 9.26 from PKR 7.38
- Profit Before Taxation: Increased to PKR 37,606M from PKR 30,849M
- The revenue growth was driven by higher sales volumes and increased international crude oil prices, which rose from US$ 70/bbl to US$ 93/bbl.
- The company made two gas discoveries during the quarter, enhancing its operational outlook.
- The collection ratio improved significantly to 100% from 86% in the previous year, reflecting better liquidity management.
- The Board approved an interim cash dividend of 20%, amounting to PKR 5,441.946M.