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PSO profit jump 172% to Rs25.6bn in 1QFY27 despite supply disruptions
Pakistan State Oil Company Limited (PSO), one of Pakistan’s largest oil marketing companies (OMCs), reported a 172% year-on-year increase in profit after tax to Rs25.56 billion in the first quarter of fiscal year 2027 (FY27), compared to Rs9.39 billion in the same period last year, supported by higher sales volumes and an improved product mix. The oil marketing company’s petroleum sales rose 17.8% year-on-year, more than twice the industry’s 7.1% growth, lifting its market share by 4.2 percentage points to 45.9%, according to a statement released on Thursday. During the quarter, PSO saw its ea...
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