Karachi: Wafi Energy Pakistan Limited has reported a net profit of PKR 1,278 million for the half year ending June 30, 2025. This performance comes as the company capitalizes on a steady market share in motor fuels and growth in its premium fuels and lubricants segments.
The company’s financial results were presented to shareholders in an unaudited condensed interim financial statement. The profit before income tax was PKR 3,381 million, with a taxation expense of PKR 2,103 million, resulting in the net profit. The profit translated to a basic and diluted earnings per share of PKR 5.97.
Pakistan’s economy showed signs of stabilization in the first half of 2025, with GDP growth at approximately 1.5%, led by services and construction sectors. The Consumer Price Index (CPI) inflation averaged 1.9%, while the current account recorded a 0.6% GDP surplus. Meanwhile, foreign exchange reserves rose to USD 14.5 billion, and the policy rate was reduced from 12% to 11% by June 2025.
According to information available from the Pakistan Stock Exchange (PSX), Wafi Energy’s sales amounted to PKR 225,004.40 million for the half year. The oil and gas sector remained steady, supported by stable international oil prices and firm domestic demand, which helped contain the import bill. Amid this backdrop, Wafi Energy strengthened its market presence by expanding its retail network and optimizing supply chain operations.
The lubricant business of Wafi Energy, operating as the exclusive licensee of the Shell brand, maintained its growth trajectory in Q2 2025. The consumer segment saw strong demand, particularly in the heavy-duty diesel engine oil category, driven by the agricultural season. The industrial lubricants segment reported volume growth and robust margins, bolstered by partnerships with key OEMs like Atlas Honda, Hyundai, and Suzuki.
Wafi Energy’s mobility business also delivered strong performance in Q2 2025, with growth across fuels and the expansion of the Shell retail network. Premium fuel Shell V-Power achieved its highest-ever monthly sales in June. Non-fuel retail operations, such as Shell Select convenience stores, recorded their highest monthly revenue, reflecting the company’s focus on customer convenience.
The company continued to enhance customer experience and staff engagement through digital initiatives, including the launch of an integrated WhatsApp community for frontline teams. The Voice of Customer program was also expanded, covering over 500 sites across Pakistan.
As part of its Environmental, Social, and Governance (ESG) commitments, Wafi Energy published its 2025 Sustainability Report, aligning business practices with the United Nations Sustainable Development Goals (SDGs). Initiatives included the Access to Clean Energy program, which improved lives by delivering sustainable energy solutions in rural communities.
The company’s board composition includes 10 male and 1 female directors, with a mix of independent, non-executive, and executive directors. The ongoing support from stakeholders is acknowledged as Wafi Energy aims to become a leading energy company in Pakistan.