Pakistan Petroleum Awards Record Dividend to Shareholders After Big Year

Pakistan Petroleum Limited (PSX: PPL) documented a 7 percent year-over-year (YoY) rise in annual profit to Rs.

Key points

• 7.5 billion in the Reko Diq project in June 2026, compared with Rs.
• While Nashpa output rose 80 percent, among PPL's key gas fields, Kandhkot production rose 18.6 percent YoY.
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• PPL's earnings for the fourth quarter of FY26 rose 93 percent YoY and 80 percent quarter over quarter (QoQ) to Rs.
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Pakistan Petroleum Limited (PSX: PPL) documented a 7 percent year-over-year (YoY) rise in annual profit to Rs. 98.53 billion for fiscal year 2026, backed by higher oil costs, rose hydrocarbon production and the reversal of super tax after a judgment by the Federal Constitutional Court of Pakistan, according to a review by Arif Habib Limited (AHL).

In practice, the firm additionally confirmed a record interim cash dividend of Rs. 6 per share for the fourth quarter of FY26, taking its total dividend payout for the year to a record Rs. 12 per share, AHL remarked.

PPL's earnings for the fourth quarter of FY26 rose 93 percent YoY and 80 percent quarter over quarter (QoQ) to Rs. 37.38 billion, translating into earnings per share of Rs. 13.74. Allied Materials Tax Dispute Resolved After Govt Intervention.

For context, the company's sales rose 64 percent YoY to Rs. 84.9 billion during the fourth quarter, mainly due to higher oil rates and production. FY26 sales came in at Rs. 264 billion.

While Nashpa output rose 80 percent, among PPL's key gas fields, Kandhkot production rose 18.6 percent YoY. Nevertheless, Mari production declined 4.3 percent.

While output from the TAL Block rose 28 percent to 12, 687 barrels per day, partly offsetting lower crude production caused by supply disruptions, on the oil side, Nashpa production rose 32.1 percent YoY.

PPL's other income declined 32 percent YoY to Rs. 3.2 billion during the quarter due to lower interest rates and the absence of a Rs. 1.6 billion one-off insurance claim recognized in the previous quarter. Ghani Chemical Wants to Raise Rs. 1.16 Billion From Shareholders.

In practice, the company's recovery ratio stood at 86 percent during the fourth quarter, resulting in trade receivables of Rs. 623.4 billion, compared with Rs. 611.6 billion in the third quarter. The recovery ratio had stood at 88 percent in the same period a year earlier.

PPL additionally invested an further Rs. 7.5 billion in the Reko Diq project in June 2026, compared with Rs. 2.6 billion in June 2025. Its total investment in the project reached Rs. 28.6 billion in FY26, up from Rs. 12.7 billion in FY25. Stay Connected with ProPakistani.

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For now, pakistan Petroleum Awards Record Dividend to Shareholders After Big Year remains the part of the story worth watching, and further updates are likely as more details are confirmed.