Pakistan Oilfields Limited (POL) has reported an increase in profitability for the first quarter ended September 30, 2026, supported by improved earnings and higher net sales compared with the corresponding period last year.
According to the company’s unaudited financial results, POL recorded a consolidated profit of approximately Rs8.56 billion for the quarter, compared with Rs5.80 billion in the same period of the previous year.
Net Sales Show Growth
Pakistan Oilfields Limited reported consolidated net sales of Rs10.79 billion for the quarter, up from Rs9.14 billion in the corresponding period last year. The increase in sales contributed to the company’s stronger overall financial performance.
Gross profit also improved to approximately Rs8.58 billion, compared with Rs8.26 billion a year earlier. These results reflect an improvement in the company’s reported earnings during the first three months of the financial year.
Earnings Per Share Improve
The company’s consolidated earnings per share (EPS) attributable to POL shareholders increased to Rs30.10, compared with Rs20.74 in the same quarter last year.
On a standalone basis, POL reported a profit of approximately Rs8.19 billion, compared with Rs5.43 billion in the corresponding period of the previous year. Standalone earnings per share rose to Rs28.66 from Rs19.13.
Cash Position Remains Strong
The company’s consolidated cash flow statement showed cash and cash equivalents of approximately Rs125.08 billion at September 30, 2026, compared with Rs112.62 billion at the end of September 2025. The reported position includes cash and bank balances, short-term investments and other financial assets.
The company’s cash flow figures indicate a higher year-on-year liquidity position, providing important context for investors assessing its financial strength.
No Interim Dividend Announced
Alongside its financial results, the company announced that its board had not recommended an interim cash dividend for the three months ended September 30, 2026. No bonus shares, right shares or other corporate entitlements were announced in the filing.
Outlook for Investors
Pakistan Oilfields Limited’s first-quarter results show higher consolidated profit, improved earnings per share and increased net sales compared with the same period last year. Investors will continue to monitor the company’s future financial results, operational performance and cash flows for further indications of its business outlook.
