OGDC declares record 1QFY27 dividend of Rs5 per share

Oil and Gas Development Company Limited (OGDC) posted consolidated net profit of Rs58.51 billion for the three months ended September 30, 2026, up 52.8% from Rs38.30 billion a year earlier, Mettis Global reported. The board also approved an interim cash dividend of Rs5 per share, which the company described as its highest first-quarter payout to date.

Revenue increased 37.7% to Rs132.42 billion, while gross profit rose 47.6% to Rs83.07 billion. Earnings per share advanced to Rs13.60 from Rs8.91, even as exploration spending climbed 54.8% to Rs4.77 billion and taxation increased 24.5% to Rs29.48 billion. The results cover OGDC’s first quarter of FY27 and compare with the same period of FY26.