Karachi, February 17, 2026 — Pakistan State Oil (PSO) on Tuesday announced a remarkable financial performance for the first half of the ongoing fiscal year, posting more than 100% growth in net profit for the period July–December 2025 (1HFY26).
According to the consolidated financial results shared with the Pakistan Stock Exchange (PSX), PSO recorded an after-tax profit of Rs16.20 billion during the first six months of FY2025–26, compared to Rs8.06 billion in the corresponding period of the previous fiscal year. This reflects a significant year-on-year increase of 101%, highlighting strong operational efficiency and improved cost management.
The company’s earnings per share (EPS) for the half-year ended December 31, 2025, stood at Rs31.34, up from Rs19.48 reported in the same period last year, indicating enhanced shareholder value and profitability.
The board of management of PSO convened on Tuesday to review and approve the company’s unconsolidated and consolidated financial statements for the half-year ended December 31, 2025. However, the board recommended a ‘NIL’ interim dividend for the period.
On the operational front, PSO’s gross profit increased to Rs55.63 billion during 1HFY26, compared to Rs52.00 billion in the same period last year. Administrative expenses, however, rose to Rs4.68 billion from Rs3.90 billion, reflecting higher operating and management costs.
A notable improvement was seen in the company’s finance cost, which declined sharply to Rs13.41 billion from Rs21.06 billion, primarily due to lower interest rates, improved cash flows, and better working capital management.
During the period under review, PSO paid income tax amounting to Rs12 billion, higher than Rs9.18 billion paid in the corresponding half of the previous fiscal year, in line with increased profitability.
Market analysts view PSO’s robust half-year performance as a positive signal for the energy sector, supported by disciplined cost controls, stable fuel demand, and improved financial structuring. The company’s strong earnings growth is expected to bolster investor confidence and strengthen its market position in the months ahead.