Pakistan Petroleum Limited Reports Higher Profit and Stronger Cash Position for FY2026

Pakistan Petroleum Limited (PPL) has reported a solid financial performance for the year ended June 30, 2026, with the company recording growth in revenue and profitability while maintaining a strong balance sheet and cash position.

The company’s Board of Directors approved the unconsolidated and consolidated financial statements for FY2026 at its meeting held on September 14, 2026. The results will be presented to shareholders at the Annual General Meeting scheduled for October 27, 2026.

Profitability Shows Positive Growth

According to the unconsolidated financial statements, PPL generated revenue of approximately Rs264.01 billion during FY2026, compared with Rs242.52 billion in the previous year. This represents an increase of around 9%.

The company’s profit after tax rose to Rs98.53 billion, compared with Rs92.03 billion in FY2025. Earnings per share also improved, increasing from Rs33.82 to Rs36.21.

On a consolidated basis, revenue increased to approximately Rs266.31 billion, up from Rs244.98 billion a year earlier. Consolidated profit after tax reached Rs97.68 billion, compared with Rs89.95 billion in FY2025, while earnings per share increased from Rs33.06 to Rs35.90.

The results indicate that the company was able to improve its bottom-line performance despite higher operating expenses and other costs during the year.

Strong Operating Cash Flow

PPL also maintained healthy cash generation from its core operations. Consolidated net cash generated from operating activities stood at approximately Rs106.35 billion in FY2026, compared with Rs22.31 billion in FY2025.

The company continued to invest in its operations, with consolidated capital expenditure reaching approximately Rs37.32 billion during the year. At the same time, investments in short-term instruments and other activities resulted in net cash used in investing activities of around Rs59.47 billion.

Despite dividend payments and financing-related outflows, consolidated cash and cash equivalents at the end of June 2026 increased to approximately Rs90.97 billion, compared with Rs67.53 billion at the end of June 2025.

Shareholders to Receive Additional 60% Cash Dividend

One of the key highlights of the announcement is the Board’s recommendation of a final cash dividend of Rs6.00 per ordinary share, equivalent to 60%.

This comes in addition to interim cash dividends of Rs6.00 per ordinary share, or 60%, already paid during FY2026. The company also paid interim dividends of Rs3.00 per convertible preference share, equivalent to 30%.

If approved by shareholders at the upcoming Annual General Meeting, the final dividend will be paid to eligible shareholders whose names appear on the company’s register as of the close of business on October 20, 2026.

PPL’s share transfer books will remain closed from October 21 to October 27, 2026, both days inclusive.

Balance Sheet Remains Strong

The company’s consolidated total assets increased to approximately Rs1.026 trillion as of June 30, 2026, compared with Rs929.40 billion a year earlier. Consolidated equity also rose to approximately Rs777.66 billion, highlighting the company’s substantial capital base.

The financial position reflects a business with significant assets and strong shareholders’ equity, while continued investment in property, plant and equipment and other long-term investments points toward ongoing operational activity.

A Positive Year for PPL

Overall, Pakistan Petroleum Limited closed FY2026 on a stronger footing. Higher revenue, improved profitability, stronger operating cash flows and an increase in year-end cash balances provide a positive picture of the company’s financial performance.

For shareholders, the recommended 60% final cash dividend adds further significance to the results. The final payout remains subject to approval at the Annual General Meeting on October 27.

With its sizeable asset base, improving earnings and continued investment in operations, PPL’s FY2026 results underline the company’s importance within Pakistan’s energy sector and provide shareholders with a positive end to the financial year.