PSO Reports Rs 9.4 Billion Profit in Q1 FY26

Karachi: Pakistan State Oil (PSO) delivered a robust performance in the first quarter of FY26, posting a profit after tax of PKR 9.4 billion and earnings per share of PKR 20. This financial achievement was disclosed during a meeting of the company’s Board of Management on October 28, 2025, where they reviewed the group’s performance for the quarter ending September 30, 2025.

The group’s consolidated profit after tax for the period reached PKR 10.5 billion, translating into earnings per share of PKR 22.4. These figures underscore PSO’s continued market leadership and its capacity to adapt to evolving industry dynamics.

PSO reported a 3.5% year-on-year increase in white oil sales, totaling 1.6 million metric tons, and maintained a dominant 42% market share. The sales of MoGas and diesel were recorded at 785,000 and 672,000 metric tons, respectively, demonstrating the company’s reliable supply chain.

The company has also strengthened its retail operations, now running 3,649 outlets nationwide. Additionally, improvements in logistics, such as the introduction of high-security tank lorry seals, have further bolstered operational security and transparency.

Despite challenges posed by the ongoing circular debt crisis, with receivables amounting to PKR 426 billion, including PKR 294 billion owed by SNGPL, PSO remains optimistic. The company believes that the Government of Pakistan’s Circular Debt Reduction Plan will enhance liquidity across the sector, aiding in overcoming these financial hurdles.