Mari Energies Q1 Profit Up 39%

Mari Energies Limited (PSX: MARI) documented a 39 percent year-over-year rise in profit to Rs.

Key points

• While its EPS for 1QFY27 arrived at Rs, the company's dividend yield stands at 4.3 percent for FY27 and 6.2 percent for FY28.
• MARI continued to book a lower effective tax rate (ETR) of 23 percent in 1QFY27, compared with 32 percent in 1QFY26.
• As no dry well was booked during the quarter, 2 billion in 1QFY27, probable reflecting lower prospecting expenditure, primarily related to Ghazij, Shawal, and Spinwam.
• Operationally, gas production remained robust, driven by a 35-fold year-over-year growth in output from the Shawal field and 1 percent year-over-year expansion at Mari HRL.

Mari Energies Limited (PSX: MARI) documented a 39 percent year-over-year rise in profit to Rs. 21.8 billion in the first quarter of fiscal year 2027 (1QFY27), driven by higher gas production and stronger oil and gas rates. Earnings per share (EPS) reached Rs. 18.13, compared with Rs. 13.03 in the same period last year.

While its EPS for 1QFY27 arrived at Rs, the company's dividend yield stands at 4.3 percent for FY27 and 6.2 percent for FY28. 18.13. The growth in profitability was primarily driven by a 24 percent rise in net sales.

PSO Profit More Than Doubles to Rs. 25.56 Billion in Q1 FY27.

Net sales in 1QFY27 rose by 24 percent year-over-year to Rs. 56.2 billion, backed by higher gas production and stronger oil and gas costs.

Operationally, gas production remained robust, driven by a 35-fold year-over-year growth in output from the Shawal field and 1 percent year-over-year expansion at Mari HRL. Additionally, the Shams field contributed 21 million cubic feet per day (mmcfd) of incremental production.

These gains were partially offset by a 3 percent year-over-year decline in Grou-B production and a 37 percent year-over-year drop in output from the Shewa field, reflecting disruptions caused by the SNGPL pipeline rupture. Exploration Costs and Taxation.

Exploration costs declined 7 percent year-over-year to Rs. As no dry well was booked during the quarter, 2 billion in 1QFY27, probable reflecting lower prospecting expenditure, primarily related to Ghazij, Shawal, and Spinwam.

MARI continued to book a lower effective tax rate (ETR) of 23 percent in 1QFY27, compared with 32 percent in 1QFY26. Debt and Cash Position.

Trade debt at present stands at Rs. 89.3 billion, up from Rs. 85.9 billion in 1QFY26 and Rs. 86 billion in 4QFY26.

MARI's cash position declined to Rs. 45 billion in 1QFY27, compared with Rs. 59 billion in 4QFY26. 16-Hour Gas Loadshedding Reportedly Projected in Winter.

Net sales rose 24 percent year-over-year to Rs. While gross profit rose 23 percent to Rs, 56.2 billion. 31.5 billion. Profit before tax (PBT) rose 22 percent to Rs. 28.1 billion, and. Stay Connected with ProPakistani.

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For now, mari Energies Q1 Profit Up 39% remains the part of the story worth watching, and further updates are likely as more details are confirmed.