KARACHI: Attock Refinery Limited (ARL) reported a strong financial performance for the nine months ended March 31, 2026, with profit after tax rising significantly on the back of improved refining operations and higher operating profitability. The company announced its financial results following a meeting of its Board of Directors held on April 29, 2026.
According to the financial statement, ARL posted a profit after tax of Rs16.36 billion for the nine-month period, compared with Rs8.60 billion recorded during the corresponding period last year, reflecting an increase of nearly 90%. Earnings per share (EPS) also climbed to Rs153.49, up from Rs80.62 a year earlier.
For the third quarter alone, the refinery earned Rs11.34 billion, compared with Rs1.70 billion in the same quarter of the previous year. Quarterly EPS surged to Rs106.41, highlighting the company’s improved operational efficiency and stronger refining margins.
During the nine-month period, net sales stood at Rs224.79 billion, while gross profit increased sharply to Rs22.58 billion, compared with Rs5.37 billion in the corresponding period last year. Operating profit also nearly doubled to Rs25.91 billion, reflecting stronger core business performance despite higher operating expenses.
The company also generated healthy cash flows from operations, reporting net operating cash inflows of Rs5.66 billion, a notable improvement from a marginal operating cash outflow recorded in the same period last year. Cash and cash equivalents at the end of March 2026 increased to approximately Rs97.72 billion, strengthening the company’s liquidity position.
Despite the improved earnings, the Board of Directors did not recommend any cash dividend, bonus shares, or right shares for the period. The company also confirmed that there were no other corporate actions or price-sensitive disclosures alongside the financial results.
The latest results underscore Attock Refinery’s strong recovery, driven by robust refining operations and improved profitability, positioning the company on a solid financial footing as it heads into the final quarter of the fiscal year.
