Hascol Petroleum reports a larger quarterly loss for the quarter ended September 30, 2026
Financial ResultHascol Petroleum’s board approved its unaudited results for the quarter ended September 30, 2026. Net revenue and gross profit increased year on year, but operating profit declined and the net loss widened to Rs. 1.15 billion from Rs. 352.8 million. Loss per share worsened to Rs. 1.15 from Rs. 0.35. No dividend was declared.
Key Findings
- Quarterly net revenue increased to Rs. 50.054 billion from Rs. 43.500 billion.
- Gross profit increased to Rs. 2.006 billion from Rs. 990.482 million, while operating profit declined to Rs. 770.922 million from Rs. 1.079 billion.
- The quarterly net loss widened to Rs. 1.150 billion from Rs. 352.807 million; loss per share increased to Rs. 1.15 from Rs. 0.35.
- Finance cost rose to Rs. 1.769 billion from Rs. 1.497 billion.
- The board recommended no dividend.
Financial Performance
| Metric | PreviousQuarter ended September 30, 2025 | CurrentQuarter ended September 30, 2026 | Change |
|---|---|---|---|
| Net revenue | PKR 43.5B | PKR 50.05B | +15.1% |
| Gross profit | PKR 990.48M | PKR 2.01B | +102.6% |
| Operating profit | PKR 1.08B | PKR 770.92M | -28.5% |
| Loss for the period | -PKR 352.81M | -PKR 1.15B | -226.1% |
| Loss per share - basic and diluted (Rupees) | (0.35) | (1.15) | -228.6% |
| Finance cost | PKR 1.5B | PKR 1.77B | +18.2% |
| Cash and bank balances | PKR 573.88M | PKR 364.08M | -36.6% |
| Short-term borrowings | PKR 27.33B | PKR 25.94B | -5.1% |
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
