Karachi: Pakistan Petroleum Limited (PPL) has reported its financial outcomes for the half-year period ending December 31, 2025, during a board meeting held on February 13, 2026. The board approved both unconsolidated and consolidated financial statements, encompassing profit or loss, financial position, cash flows, and disclosure of Shariah compliance for this duration.
The company declared an interim cash dividend of Rs. 2.00 per Ordinary Share (20%) and Rs. 1.00 per Convertible Preference Share (10%) for the quarter ending December 31, 2025. This announcement follows a prior interim cash dividend of Rs. 2.00 per share (20%) paid earlier in the year. The dividends will be distributed to shareholders registered by the close of business on February 26, 2026, with the share transfer books closed from February 27 to March 3, 2026.
The interim statement of financial position as of December 31, 2025, revealed total assets amounting to Rs. 967.52 billion, up from Rs. 927.15 billion in June 2025. Non-current assets were valued at Rs. 251.35 billion, and current assets at Rs. 716.18 billion. The equity and liabilities section reported share capital and reserves at Rs. 733.33 billion, with total liabilities reaching Rs. 234.19 billion.
According to information available from the Pakistan Stock Exchange (PSX), PPL’s revenue from customer contracts totaled Rs. 118.00 billion for the half-year, a decrease from Rs. 126.90 billion in the same period of 2024, marking a very large or significant move. Operating expenses increased to Rs. 29.74 billion from Rs. 27.05 billion, and gross profit stood at Rs. 70.63 billion, compared to Rs. 80.28 billion in the previous year.
Exploration expenses decreased significantly to Rs. 1.96 billion from Rs. 6.70 billion, while administrative expenses rose moderately to Rs. 3.78 billion. The company reported a profit after taxation of Rs. 40.39 billion, down from Rs. 50.91 billion, with basic and diluted earnings per share at Rs. 14.84.
The cash flow statement indicated net cash from operating activities at Rs. 49.98 billion, slightly up from Rs. 48.56 billion in the previous period, representing a minor move. Net cash used in investing activities was reported at Rs. 32.18 billion, while financing activities recorded a net cash outflow of Rs. 12.32 billion. The company concluded the period with cash and cash equivalents of Rs. 68.25 billion.