Pakistan State Oil (PSO) booked a strong profit milestone in the opening three months of FY 2026-27, with standalone net profit climbing to Rs25.56 billion from Rs9.39 billion in the year-earlier quarter. The 172% annual rise came as the state-linked fuel retailer moved larger volumes and sold a healthier blend of products, according to figures shared in a company statement on Thursday.
Standalone profit per share reached Rs54.44, compared with Rs20.00 a year earlier. When Pakistan Refinery Limited (PRL) is folded into the group accounts, net profit stands at Rs29.42 billion and profit per share at Rs62.66.
Volumes beat the industry pace
PSO's opening quarter rested on petroleum product throughput that rose 17.8% against the same months a year ago, while the rest of the fuels trade managed 7.1%. That gap lifted PSO’s slice of the domestic market to 45.9%, a 4.2-point gain.
Motor gasoline (petrol) volumes advanced 23.2% to 968,000 tonnes. High-speed diesel rose 12.8% to 759,000 tonnes even while diesel use fell across the country. Aviation fuel volumes were up 15.5%, and PSO said it covered 99.6% of Jet A-1 demand. Lubricant sales grew 17.4% to 9,970 tonnes.
Keeping fuel flowing amid supply stress
Regional shipping routes were under pressure, and a supplier force majeure unsettled long-term LNG arrangements—LNG being chilled gas imported for power plants and the piped-gas network. PSO said it kept running Pakistan’s long-term LNG book with government partners so power and gas users continued to receive cargoes.
Over the quarter it brought in 16 product shipments totalling 756,000 tonnes and took 1.019 million tonnes of petrol plus diesel from domestic refineries. After the quarter closed, it sealed a government-to-government buy-and-sell pact with Oman’s OQ Trading to give Pakistan more places to purchase fuel.
Pumps, charging points and what leaders said
PSO opened 37 fresh retail sites in the period, taking the chain to 3,727 pumps nationwide, and raised its electric-vehicle charging count to 16 locations. Its CSR Trust directed Rs112 million toward schooling, health care and community projects.
Chief executive Jawwad Ahmed Cheema said the company expanded “at more than twice the pace of the market” while keeping fuel on offer through a severe spell of regional supply disruption. He said PSO is widening where it buys product, leaning on local refinery offtake and hardening logistics against outside shocks. The firm also said it is preparing for a shifting energy mix and a more sustainable path.
Aasan alfaaz mein
PSO ka pehle teen mahine ka munafa Rs25.56 arab ho gaya, jo pichhle saal se kaafi zyada hai. Company ne petrol aur diesel zyada becha aur market mein hissa bhi barha. Supply mushkil thi, lekin pumps par fuel milta raha. Naye pump aur kuch EV charging points bhi add hue hain.
