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. The company’s Board of Management reviewed the group’s performance for the quarter ended September 30, 2025, during its meeting held on October 28, 2025. The group’s consolidated profit after tax reached PKR 10.5 billion, resulting in earnings per share of PKR 22.4.
PSO sustained its market leadership amid evolving industry dynamics, achieving a 3.5% year-on-year increase in white oil sales to 1.6 million metric tons, while maintaining a dominant 42% market share. MoGas and diesel sales stood at 785,000 and 672,000 metric tons, highlighting the company’s dependable supply chain. Strengthening its retail footprint, PSO now operates 3,649 outlets nationwide, while logistics enhancements, including high-security tank lorry seals, have further reinforced operational security and transparency.
While navigating challenges from the ongoing circular debt crisis, with receivables at PKR 426 billion (including PKR 294 billion owed by SNGPL), PSO is confident that the Government of Pakistan’s Circular Debt Reduction Plan will strengthen liquidity across the sector.
