PSO profit surges past Rs38bn in first nine months

PSO profit surges past Rs38bn in first nine months
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Summary Pakistan State Oil posted more than Rs38 billion profit in the first nine months of FY2026, up 149 per cent year-on-year, supported by strong sales, supply stability and solid market share.

ISLAMABAD (Dunya News) - Pakistan State Oil (PSO) has reported profit exceeding Rs38 billion during the first nine months of the current financial year, reflecting a strong improvement in earnings and operational performance.

According to the company’s financial report, profit rose sharply from Rs15.3 billion recorded in the same period last year, marking a 149 per cent increase. Earnings per share climbed to Rs81.19, highlighting improved shareholder returns.

PSO’s total sales reached Rs2.4 trillion during the period, while the PSO Group posted consolidated profit of Rs39.4 billion.

The company said it maintained uninterrupted oil supply despite tensions in the Middle East, helping sustain business momentum amid pressure in regional energy markets.

According to the report, PSO retained a strong market position with 42.6 per cent share in white oil, 42.4 per cent in diesel and 37.8 per cent in the motor gasoline segment.

In aviation fuel, the company maintained a dominant 99.2 per cent market share, while its lubricants business recorded 16 per cent growth.

PSO also said efforts were under way to restore 43,000 metric tonnes of storage capacity across the country, while its retail network expanded to 3,663 outlets.

Analysts described the results as a sign of financial resilience, saying strong profitability and stable market share reinforced PSO’s position despite volatility in global and regional energy markets.

They said uninterrupted supply, expanding infrastructure and improved earnings reflected the company’s ability to manage challenges effectively.

 

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