Rawalpindi: Pakistan Oilfields Limited (POL) has reported substantial financial gains for the fiscal year ending June 30, 2026, with a notable increase in profit and a recommended final cash dividend for its shareholders. According to the company's announcement on August 27, 2026, the Board of Directors, in a meeting held on August 25, decided to declare a final cash dividend of Rs. 72.50 per share, translating to a 725% payout. This is in addition to the interim dividends previously disbursed, amounting to Rs. 27.50 per share or 275%.

The financial results, presented as Annexure I and II, reveal a profit of Rs. 31.92 billion for the year, showcasing a significant move from the previous year's Rs. 24.18 billion. The total comprehensive income for the period reached Rs. 31.68 billion, compared to Rs. 24.21 billion in the prior year.

The company has announced that the Annual General Meeting will be conducted on October 19, 2026, at Attock House Morgah, Rawalpindi. The final cash dividend will be distributed to shareholders listed in the Register of Members by October 12, 2026. Share transfer books will close from October 13 to October 19, 2026, to facilitate this process.

POL's cash flow statement indicates robust operating activities, with cash receipts from customers totaling Rs. 69.02 billion. After accounting for operating, exploration, royalty, and tax expenses, cash provided by operating activities amounted to Rs. 37.03 billion. This reflects a significant move from the previous year's Rs. 23.52 billion.

According to information available from the Pakistan Stock Exchange (PSX), the company did not declare any bonus or right shares. The financial statement also highlights a net increase in cash and cash equivalents, now standing at Rs. 117.11 billion, up from Rs. 109.38 billion, despite dividend payouts and capital expenditures.

The company's statement of comprehensive income notes a remeasurement loss on staff retirement benefit plans amounting to Rs. 362.6 million, counterbalanced by a tax credit of Rs. 125.9 million. This resulted in a net other comprehensive loss of Rs. 236.7 million.

In the investing activities section, POL reported capital expenditures of Rs. 12.24 billion, while income from bank deposits and investments, along with proceeds from the disposal of assets, generated Rs. 6.08 billion. The financing activities saw a dividend payout of Rs. 5.73 billion, contributing to the overall financial health reflected in the end-of-year cash balance.

The annual report will be available through PUCARS at least 21 days before the Annual General Meeting, aligning with regulatory requirements for transparency and shareholder communication.