Pakistan Petroleum (PPL) earns Rs 99 billion profit in FY26, makes 11 discoveries, pays Rs 12 a share

Pakistan Petroleum Limited (PPL) made a profit after tax of Rs 99 billion in the financial year to 30 June 2026 (FY26) and collected a record Rs 284 billion from customers, Dawn reported after the company's 75th annual general meeting on Tuesday.

Shareholders approved the accounts and a final cash dividend of 60%, which is Rs 6 per share on the Rs 10 face value, according to PPL's dividend notice. With the interim payouts, the total for the year comes to 120%, or Rs 12 per share.

FY26 in numbers

Production rose even though gas buyers curtailed off-take during the year.

Offshore and abroad

PPL won eight offshore blocks in Pakistan's Offshore Bidding Round 2025, two as operator and six as a partner. It signed a farm-out agreement with Turkish Petroleum Overseas Company for Eastern Offshore Indus Block C, which chief executive Khalid Abdul Rehman said strengthens Pakistan and Turkiye's energy cooperation. Through Pakistan International Oil Ltd, it is also developing Offshore Block 5 in Abu Dhabi.

Into minerals

The company has a new unit, PPL Minerals. Its BLZ project has entered execution, exploration in Chagai has been expanded, and projects in Khyber Pakhtunkhwa are being evaluated.

"Despite geopolitical uncertainty, volatile energy markets and other challenges," the CEO said, PPL was "maintaining focus on operational efficiency and financial discipline".

What it means for shareholders

A holder of 1,000 PPL shares receives Rs 6,000 from the final dividend before tax, and Rs 12,000 for the year. Dividend income from listed companies is taxed at source; check what is withheld with our income tax calculator and follow the index on the KSE-100 page.