Karachi: Pakistan Petroleum Limited (PPL) has announced its financial results for the year ended June 30, 2026, showcasing a solid performance that has resulted in an increase in dividends for its shareholders. The Board of Directors of PPL approved both the unconsolidated and consolidated financial statements during a meeting held on September 14, 2026. These reports are set to be presented at the upcoming Annual General Meeting scheduled for October 27, 2026.

The Board has recommended a final cash dividend of Rs. 6.00 per share on Ordinary Shares, which represents a 60% payout. This follows the interim cash dividends of Rs. 6.00 per share on Ordinary Shares and Rs. 3.00 per share on Convertible Preference Shares that were disbursed earlier in the year. The final dividend is subject to approval at the Annual General Meeting, with eligibility determined by the Register of Members as of the close of business on October 20, 2026.

According to information available from the Pakistan Stock Exchange (PSX), PPL's unconsolidated financial statement reveals a notable increase in total assets, which rose to Rs. 1,024.63 billion from Rs. 927.15 billion in the previous fiscal year. This reflects a very large or significant move in the asset base. The company's revenue from contracts with customers also experienced growth, reaching Rs. 264.01 billion, up from Rs. 242.52 billion, representing a moderate move.

The company's profitability has also shown an upward trend. The profit after taxation for the year amounted to Rs. 98.53 billion, compared to Rs. 92.03 billion in the previous year. Basic and diluted earnings per share increased to Rs. 36.21 from Rs. 33.82, demonstrating a big move in earnings.

The financial statements highlighted a rise in PPL's reserves, which grew to Rs. 752.33 billion from Rs. 678.63 billion, indicating a very large or significant move. Non-current liabilities also saw an increase, reaching Rs. 80.60 billion from Rs. 76.44 billion, classified as a minor move.

The Share Transfer Books for PPL will remain closed from October 21, 2026, to October 27, 2026, inclusive. Any share transfer applications received by the company's share registrar, M/s FAMCO Share Registration Services (Pvt.) Limited, by the close of business on October 20, 2026, will be eligible for dividend distribution.