KARACHI: Attock Petroleum Limited (APL) reported a robust financial performance for the nine-month period ended March 31, 2026, with profit after tax rising sharply by nearly 92% year-on-year, driven by higher sales and stronger operating profitability.

According to the company’s financial results, net profit increased to Rs14.76 billion during the first nine months of FY2026, compared with Rs7.70 billion recorded in the corresponding period last year. Earnings per share (EPS) also improved significantly to Rs118.67, up from Rs61.88 a year earlier.

The company’s net sales reached Rs369.65 billion, compared with Rs346.74 billion in the same period of the previous year. Gross profit more than doubled to Rs27.72 billion, reflecting improved margins despite a rise in the cost of products sold. Operating profit also surged to Rs23.11 billion, compared with Rs8.69 billion in the corresponding period last year, supported by higher other income and improved operational efficiency.

Finance income stood at Rs4.28 billion, while finance costs remained largely stable at Rs1.47 billion, resulting in a healthy net finance income of Rs2.80 billion. Profit before taxation climbed to Rs24.28 billion, with the company recording a tax charge of Rs9.52 billion for the period.

For the third quarter alone, APL posted a profit after tax of Rs8.34 billion, compared with Rs2.58 billion in the same quarter last year, translating into quarterly earnings per share of Rs67.07, highlighting continued momentum in profitability.

The Board of Directors, in its meeting held on April 29, 2026, did not recommend any interim cash dividend, bonus shares, or right shares for the quarter ended March 31, 2026. However, the company noted that this is in addition to the interim dividend of Rs20 per share (200%) already paid earlier during the financial year.

Attock Petroleum’s latest results underscore its strong operational performance and earnings growth during FY2026, positioning the company on a solid financial footing as it continues to benefit from resilient fuel demand and improved profitability.