Karachi
\nPakistan State Oil (PSO) has announced its financial results for the nine months of Financial Year 26 ended March 31, 2026 (9MFY26), showcasing an extraordinary period of resilience and growth. Despite facing one of the most volatile operating environments in recent history, the company achieved a significant surge in profitability.
\nOn a standalone basis, PSO recorded a robust net profit of PKR 38.1 billion, representing a substantial increase over the PKR 15.3 billion reported during the same period last year. This momentum translated into a significant rise in earnings per share to PKR 81.19, while gross sales for the period stands at PKR 2.4 trillion.
\nThe Group\u2019s consolidated performance mirrored this success, with PSO\u2019s share climbing to PKR 39.4 billion and consolidated earnings per share rising to PKR 83.93, highlighting a period of exceptional profitability in PRL.
\nThe third quarter of FY26 was characterized by extreme global economic stress as military escalations in the Middle East led to the effective closure of the Strait of Hormuz. This crisis triggered the largest inflation-adjusted crude oil price spike since 1988, with Brent crude skyrocketing from $69 to $103 per barrel in a single month. The market was further strained by Force Majeure declarations from G-to-G Suppliers; QatarEnergy and Kuwait Petroleum Corporation, which disrupted the delivery of critical LNG and High-Speed Diesel cargoes. In response to these unprecedented challenges, PSO acted with strategic foresight and agility to safeguard Pakistan\u2019s energy security. By securing alternate international sources and increasing reliance on domestic refineries, the company successfully mitigated supply disruptions that impacted other market participants.
\nPSO, maintaining its leadership in the white oil segment with a 42.6% market share with total sales of 5,163 KMT. This dominance was supported by a 42.4% share in Diesel and a 37.8% share in MoGas. In the Aviation segment, the company held an unrivalled 99.2% market share, while the Lubricants business achieved a 16% volumetric growth. The LPG segment set a new benchmark, achieving record cumulative sales of 46,895 MT, reflecting a 10% year-on-year.<\/p>\n","protected":false},"excerpt":{"rendered":"
Karachi Pakistan State Oil (PSO) has announced its financial results for the nine months of Financial Year 26 ended March 31, 2026 (9MFY26), showcasing an extraordinary period of resilience and growth. Despite facing one of the most volatile operating environments in recent history, the company achieved a significant surge in profitability. On a standalone basis, …<\/p>\n","protected":false},"author":4,"featured_media":97045,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-97033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/97033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=97033"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/97033\/revisions"}],"predecessor-version":[{"id":97047,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/97033\/revisions\/97047"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/97045"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=97033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=97033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=97033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}