PSO posts profit-after-tax of Rs12.1bn in 1HFY26

Publishing date: 17 February 2026

Published in: Business Recorder

Pakistan State Oil (PSO), the nation’s energy flagship, recorded a profit-after-tax (PAT) of Rs12.1 billion for the first half of the fiscal year (1HFY26) ended December 31, 2025, registering an increase of over 8% as compared to Rs11.2 billion recorded in 1HFY25.

This translates into earnings per share (EPS) of Rs25.82, with gross sales reaching Rs1.6 trillion, read a statement on Tuesday.

PSO’s Board of Management reviewed the group’s performance for the period at its meeting held on February 17, 2026.

On a consolidated basis, the group posted a PAT of Rs14.7 billion with EPS of Rs31.34.

PSO, maintaining its leadership in the white oil segment with a 42.2% market share and total sales of 3,418 KMT, while black oil sales declined due to reduced power sector offtake.

Notably, the company reinforced its near-total dominance in the aviation sector, maintaining a 99% market share in the jet fuel segment.

According to a statement, the OMC made significant progress in strengthening energy infrastructure. The company successfully rehabilitated 39 KMT of storage capacity across key locations, including Mehmoodkot, Keamari, Zulfiqarabad, and Habibabad.

Furthermore, the White Oil Pipeline Project reached a major milestone with the federal cabinet’s ratification of the project summary and provisional tariff, moving it toward full implementation. PSO also expanded its physical footprint to 3,638 retail outlets and enhanced its convenience ecosystem through the growth of VIBE stores and the launch of the in-house VIBE Café.

Through PSO Renewable Energy (PSORE), the company solarised several operational terminals and is on track to add 2.2 MWp of solar capacity by mid-2026.

Simultaneously, PSO has established Pakistan’s largest electric vehicle (EV) infrastructure with nine charging stations across major highways and cities.

The company also saw a successful launch of the Payvay mobile application and the integration of Raast digital payments through its fintech subsidiary, Cerisma (Pvt.) Limited.