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Category: Corporate

Corporate sector insights covering business strategies, governance, finance, taxation, and regulatory developments shaping company performance.

OGDCL gas

OGDCL boosts gas output as Jand-1 Well production resumes in Punjab

April 23, 2026April 23, 2026Faisal Shahnawaz

KARACHI, April 23, 2026 – Oil and Gas Development Company Limited (OGDCL) has successfully revived gas production from the Jand-1 well in Punjab’s Attock district, significantly increasing output and reinforcing efforts to enhance domestic energy supply.

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SECP Annual Report

SECP approves IPOs of Sitara Petroleum and LSE SPAC-I, boosting PSX activity

April 22, 2026April 22, 2026Faisal Shahnawaz

Islamabad, April 22, 2026 – The Securities and Exchange Commission of Pakistan (SECP) has approved two new Initial Public Offerings (IPOs), signaling continued momentum in Pakistan’s capital markets despite global and regional uncertainties.

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natural gas

SNGPL clarifies disputed tax demand, says no financial impact

April 22, 2026April 22, 2026Faisal Shahnawaz

KARACHI, April 22, 2026 – Sui Northern Gas Pipelines Limited (SNGPL) on Wednesday clarified a disputed tax demand raised by authorities, stating that the matter is historical in nature and has no impact on the company’s current or future financial position.

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Pakistan telecom

PTCL posts 58% revenue jump, returns to profit in quarterly results

April 21, 2026April 21, 2026Hamza Shahnawaz

KARACHI, April 21, 2026 — Pakistan Telecommunication Company Limited reported a sharp 58% rise in quarterly revenue on Tuesday, supported by stronger business activity and improved operational performance, according to financial results submitted to the Pakistan Stock Exchange.

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GWM Tank500

Sazgar warns geopolitical tensions may challenge auto sector growth

April 21, 2026April 21, 2026Faisal Shahnawaz

KARACHI, April 21, 2026 — Sazgar Engineering Works Limited said prolonged regional geopolitical tensions could pose challenges to Pakistan’s auto industry, even as improving macroeconomic indicators support a gradual recovery in demand.

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Haval H6

Sazgar posts highest-ever quarterly profit as sales surge in FY26

April 20, 2026April 20, 2026Faisal Shahnawaz

KARACHI, April 20 — Sazgar Engineering Works Limited reported its highest-ever quarterly profit for the third quarter of fiscal year 2025-26, driven by strong vehicle sales and revenue growth, the company said in a statement.

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BankIslami

BankIslami to issue Rs5 billion Sukuk to strengthen capital base

April 16, 2026April 16, 2026Faisal Shahnawaz

KARACHI, April 16, 2026 — BankIslami Pakistan Limited has approved the issuance of a Shariah-compliant Sukuk worth up to Rs5 billion, aiming to strengthen its regulatory capital and support future growth, the bank said in a filing with the Pakistan Stock Exchange (PSX) on Thursday.

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united bank

UBL posts 38% profit growth in Q1 2026, declares Rs8 dividend

April 15, 2026April 15, 2026Faisal Shahnawaz

KARACHI, April 15, 2026 — United Bank Limited (UBL) on Wednesday reported a strong 38% year-on-year increase in after-tax profit for the first quarter ended March 31, 2026, supported by robust income growth and gains on securities, according to a filing with the Pakistan Stock Exchange (PSX).

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SupernetGlobal deploys first satellite connectivity in Africa, expands footprint

April 15, 2026April 15, 2026Hamza Shahnawaz

KARACHI, April 15, 2026 — Pakistan-based technology firm Supernet Limited (SupernetGlobal) has launched its first satellite-based connectivity solution in Africa, marking a significant step in its international expansion strategy, the company said in a filing to the Pakistan Stock Exchange (PSX).

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toyota logo

Indus Motor posts over Rs5 billion earnings without car production

April 15, 2026April 15, 2026Shahnawaz Akhter

KARACHI, April 15, 2026 — Indus Motor Company Limited reported earnings exceeding Rs5 billion during the half year ended December 31, 2025, with a substantial portion of its income derived from financial investments rather than core manufacturing activity, according to its latest financial disclosures.

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