Pakistan Oilfields Limited (POL) has announced a strong financial performance for the nine months ended March 31, 2026, posting healthy growth in profitability despite a decline in revenue during the period. The company shared its financial results following a meeting of its Board of Directors held on April 29, 2026.
According to the financial statements, POL reported a profit after tax of Rs19.52 billion, representing an increase of around 17% compared with Rs16.75 billion recorded in the corresponding period last year. Earnings per share (EPS) also improved to Rs68.75, up from Rs59.02 a year earlier, reflecting stronger returns for shareholders.
The company generated net sales of Rs42.94 billion during the nine-month period, compared with Rs44.83 billion in the same period of the previous year. Despite lower revenue, POL managed to enhance profitability through improved cost management and higher other income, enabling it to offset the impact of declining sales.
Gross profit increased to Rs28.01 billion from Rs29.59 billion, while operating performance remained resilient. Other income contributed significantly, reaching Rs6.81 billion, supporting overall earnings growth during the period.
For the quarter ended March 31, 2026, the company posted a profit after tax of Rs7.80 billion, compared with Rs6.61 billion in the corresponding quarter last year. Quarterly EPS rose to Rs27.46 from Rs23.29, demonstrating continued momentum in profitability.
The Board of Directors did not recommend any interim cash dividend, bonus shares, or right shares alongside the financial results.
The latest results underline Pakistan Oilfields’ ability to maintain solid earnings despite a challenging operating environment. The company’s focus on operational efficiency and disciplined cost control helped deliver improved shareholder returns, reinforcing its position as one of Pakistan’s leading exploration and production companies.
