StocksMedium•30 October 2026•
1 min read
OGDCL Q3 Profit Surges 53% to Rs58.5 Billion on Strong Revenue Growth
Key Facts
1OGDCL reported a consolidated profit of Rs58.5 billion for the quarter ended September 30, 2026, up 53% year-on-year.
2Earnings per share (EPS) rose to Rs13.60 from Rs8.91 in the same period last year.
3Revenue grew by 38% to Rs132.4 billion, driving a 48% surge in gross profit.
Oil and Gas Development Company Limited (OGDCL) reported a consolidated net profit of Rs58.5 billion for the quarter ended September 30, 2026, marking a 53% increase from the previous year. Business Recorder reported that earnings per share (EPS) rose to Rs13.60 from Rs8.91 in the same period last year, according to financial results submitted to the Pakistan Stock Exchange.
Company revenue grew by 38% to reach Rs132.4 billion, which fueled a 48% surge in gross profit to Rs83.1 billion. While general and administrative expenses rose slightly to Rs2.2 billion, exploration and prospecting expenditures increased by 55% to Rs4.8 billion during the September quarter.