POL 3MFY27 profit surges 45%

According to Mettis Global, Pakistan Oilfields Limited (PSX: POL) posted a 45 per cent rise in consolidated net profit for the three months to September 30, 2026. Profit reached Rs8.56 billion, up from Rs5.89 billion a year earlier, and earnings per share rose to Rs30.10 from Rs20.74. The result covers the first quarter of the company's 2027 financial year.

Net sales increased 25 per cent, while exploration costs fell 83 per cent to Rs193.41 million. Gross sales rose 26 per cent to Rs18.47 billion, and royalty and wellhead charges climbed 29 per cent to Rs1.87 billion. Other net income grew 59 per cent, and net finance costs fell 59 per cent to Rs218.72 million.

Gross profit rose 24 per cent to Rs10.58 billion, and profit before income tax climbed 49 per cent to Rs12.60 billion. Tax charges increased 58 per cent to Rs4.04 billion from Rs2.55 billion. Mettis Global linked the gains to stronger net sales realisation, lower exploration write-offs and higher non-operating treasury income.