Pakistan Oilfields | Q1Sep2025 |: Profit Surges on Higher Other Income Despite Lower Revenue and Margin Pressure

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POL | Pakistan Oilfields | Q1-Sep25 

EPS (Q1) Rs. 19.1
No cash dividend was declared for Q1.

EPSttm: Rs. 95.3
Cash Dividend (ttm) Rs. 75 per share

PAT (Q1) Rs. 5,429mn,  ▲  111% yoy,  ▼  -10% over average of last 4 quarters. Profit after Tax includes Other Income of Rs 1,857mn that has hidden the impact of declining revenue and lower gross margins.

Revenue for Q1 was Rs. 13,113 million, down 15% year-on-year and 8% below the average of the last four quarters. Gross profit was also under pressure because of declining margin.

Gross profit margin 64.9%, compared to an average of 70.7%, for the last four quarters.
Tax rate 33.1%, compared to an average of 36.4%, for the last four quarters.


Pakistan Oilfields Limited reported lower revenue and gross profit during the quarter, mainly due to weaker margins. However, despite the softer operating performance, the company posted a substantial increase in profitability, supported by strong other income.

POL's other income of Rs 1.8 billion primarily consists of income from financial assets amounting to Rs 1 billion and dividends on investments classified as fair value through profit or loss, totaling Rs 850 million.























POL holds a 25% stake in National Refinery (NRL) and a 7% stake in Attock Petroleum (APL). Dividend income from its holdings in NRL and APL does not make up a significant part of POL's income.

POL is a subsidiary of the Attock Oil Company Limited, UK, and its ultimate parent is Coral Holding Limited. Attock Oil Ltd holds around 53% of POL's shares.

Maket Cap: 600 $mn