Karachi: Pakistan Petroleum Limited (PPL) announced the approval of its financial results for the quarter ending March 31, 2025, at a Board of Directors meeting held today. The board has sanctioned both the unconsolidated and consolidated financial statements, which include detailed interim statements of Profit or Loss, Financial Position, Changes in Equity, and Cash Flows for the specified period.

The company declared an interim cash dividend of Rs. 1.00 per share, equivalent to 10% on Ordinary Shares, for the quarter ended March 31, 2025. This recent announcement follows earlier interim cash dividends of Rs. 4.00 per share (40%) on Ordinary Shares and Rs. 3.00 per share (30%) on Convertible Preference Shares previously disbursed during the current fiscal year. The dividend is scheduled to be distributed to shareholders listed in the company's register by the close of business on May 12, 2025.

The company's Share Transfer Books are set to be closed from May 13, 2025, to May 15, 2025, inclusive. Shares for which transfer applications are submitted to the Share Registrar by the close of business on May 12, 2025, will be eligible for the dividend distribution.

According to information available from the Pakistan Stock Exchange (PSX), PPL's financial performance and dividend declarations are closely monitored by stakeholders within the designated market category. The company plans to submit its comprehensive quarterly financial statements in due course.