PSO Q1 profit doubles as market share climbs to 45.9%

Company data show PSO's July–September net earnings more than doubled to Rs25.56 billion as volumes outpaced the wider fuels market.

PSO standalone net profit reached Rs25.56 billion in Q1 FY 2026-27, up 172% from Rs9.39 billion a year earlier.

Petroleum product sales grew 17.8%, versus 7.1% for the industry, lifting PSO’s market share to 45.9%.

Petrol volumes rose 23.2% to 968,000 tonnes; diesel rose 12.8% to 759,000 tonnes despite weaker national diesel demand.

Group net profit including Pakistan Refinery Limited was Rs29.42 billion; 37 new pumps took the retail network to 3,727 sites.

After the quarter, PSO signed a government-level fuel deal with Oman’s OQ Trading.

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