Islamabad, Apr 29, 2025: Pakistan State Oil (PSO), a dominant force in the country’s fuel and energy landscape, has showcased a consistent financial and operational performance for the nine-month period ending March 31, 2025 (9MFY25).
During this timeframe, PSO reported a consolidated net income of Rs. 15.3 billion, resulting in earnings per share (EPS) of Rs. 32.5.
While gross revenues reached Rs. 2.52 trillion, this reflects a slight dip from Rs. 2.8 trillion during the same period last year.
The group also achieved a standalone profit of Rs. 12.3 billion, translating into an EPS of Rs. 26.2, compared to Rs. 35.5 recorded in 9MFY24.
Despite fluctuations in earnings, PSO has retained its leadership in major fuel categories, holding a 46% share in white oil, including 46.5% in diesel, and continues to dominate the jet fuel segment with 99% market share.
Reinforcing its retail footprint, PSO added 67 new fuel stations, bringing its network total to 3,641 outlets nationwide. This expansion strategy further cements its presence in both urban and remote regions.
In a forward-looking move, PSO pioneered mobile jet fuel services at the New Gwadar International Airport, advancing Pakistan’s aviation infrastructure.
Demonstrating global credibility, PSO also joined the Joint Inspection Group (JIG), recognized globally for its aviation fuel safety standards.
To boost capacity and streamline logistics, the company enhanced its storage systems at key facilities like Keamari Terminal, the Lubricant Plant in Karachi, and Daulatpur in Punjab, regaining 5.3 KMT of storage space.
Planned upgrades at Sihala and the LMPA facility aim to add another 5.2 KMT in the near future.
PSO’s contribution to community well-being remained strong, with Rs. 334 million allocated to CSR efforts, including Rs. 120 million for a countrywide Ramadan ration drive, reinforcing its dedication to inclusive growth.
Read More: World Bank Greenlights $108M for Pakistan
On the policy front, the company remains actively engaged with governmental and regulatory bodies to resolve pressing challenges such as outstanding receivables, ensuring sustainable operations.
With an eye on the future, PSO is investing in modern technologies, broadening its fuel offerings, and exploring renewable energy to align with the global transition toward eco-friendly energy systems.
The management extended appreciation to its Board, government bodies, stakeholders, and employees for their continued trust and collaboration.
