Karachi, August 19, 2025 – Pakistan State Oil (PSO), the country’s largest energy enterprise and trusted fuel supplier, showcased resilience and adaptability in FY25, achieving steady financial results despite challenging market conditions.
The Board of Management met on Tuesday to review the company’s consolidated performance for the fiscal year ending June 30, 2025. PSO reported a profit after tax of PKR 20.9 billion, supported by strong operational efficiency and prudent financial management. The Board also announced a dividend of Rs. 10 per share, reflecting a payout ratio of 22.5%.
On a consolidated basis, including Pakistan Refinery Limited (PRL), the group recorded a profit after tax of PKR 16.4 billion, translating into Earnings Per Share (EPS) of PKR 35.03. Analysts noted that PSO’s ability to generate consistent profit despite global oil price volatility and domestic policy uncertainty highlights its strategic agility.
PSO continued to dominate Pakistan’s fuel market with a 44% overall share. In the motor gasoline segment, it held 40.8% share with sales of 3.2 million metric tons, while in diesel it maintained 46% share with 3.1 million metric tons. Even in the shrinking black oil category, PSO supplied 131,000 metric tons, demonstrating resilience.
The company achieved near-total leadership in jet fuel with a 99% market share, serving 15 airports nationwide and introducing Pakistan’s first mobile jet fuel refueling system at New Gwadar International Airport. In lubricants, market share grew to 29% with 41,000 metric tons sold, while LPG volumes surged 22.4% year-on-year to 60,000 metric tons.
Key infrastructure projects advanced, including the 427-kilometer White Oil Pipeline in collaboration with FWO, enhancing safety and efficiency in petroleum transportation. Storage capacity rose to 1.24 million tons, with operational availability exceeding 90%. Fuel handling facilities at eight railway stations also improved nationwide distribution.
On the retail side, PSO expanded its footprint with 107 new outlets, reaching 3,649 nationwide, and introduced modern VIBE convenience stores in major cities. The company also led Pakistan’s EV revolution, installing fast-charging stations on the M2 Motorway in partnership with BYD and HUBCO Green.
PSO’s joint venture with SOCAR in Singapore is expected to optimize procurement, enhance efficiency, and boost long-term profit sustainability. Additionally, its renewable energy subsidiary is spearheading solar projects to align with Pakistan’s clean energy vision.
Despite sectoral challenges, PSO’s FY25 results underscore its role as a market leader, balancing profitability, innovation, and social responsibility to strengthen Pakistan’s energy future.