Pakistan State Oil (PSO) has announced its financial results for the fiscal year ended June 30, 2026. During the fiscal year, PSO recorded a profit after tax of Rs15.07 billion, resulting in earnings per share (EPS) of Rs32.1. The company’s gross profit rose to Rs99.9 billion, up from Rs96.7 billion in the previous fiscal year.

The Group’s financial performance also improved, with consolidated profit after tax reaching Rs25.49 billion, while consolidated revenue stood at Rs3.42 trillion. Excluding LNG, gross profit from the core business rose 20.5 percent, from Rs67.9 billion to Rs81.9 billion.

PSO Chief Executive Officer Javed Ahmed Cheema said fiscal year 2026 was a challenging year for the company and expressed pride in PSO’s ability to navigate the situation successfully. He said that fuel supplies across Pakistan were not disrupted for even a single day and that operations were carried out safely.

Despite a Rs10.7 billion fluctuation in the LNG segment, the core business continued to grow, enabling PSO to emerge as a stronger, more balanced, and more resilient company than the previous year.

The company also maintained a strong focus on financial discipline and working capital management. Trade receivables declined from Rs437.5 billion to Rs414.8 billion, while receivables from SNGPL alone decreased by Rs34.3 billion. These measures, combined with lower discount rates, reduced finance costs by 24 percent.

PSO maintained its leading position in the white oil market with a 42.7 percent market share, while further strengthening its position as Pakistan’s leading aviation fuel supplier, with a 99 percent market share.

During the year, the company also generated more than $360 million in foreign exchange by supplying fuel to international flights.

PSO continued to expand its retail network across the country, with outlets increasing to 3,688. Meanwhile, its convenience store network expanded to more than 350 locations.