October 29, 2025 (MLN): Hascol Petroleum Limited (PSX: HASCOL) has reported a consolidated loss after tax (PAT) of Rs5.26 billion for the nine months ended September 30, 2025, showing a significant improvement compared to a loss of Rs7.36bn recorded in the same period last year.

The company’s net revenue rose sharply to Rs136.65bn in 9M FY25, up 31% from Rs104.12bn a year earlier, driven by higher sales volumes and better pricing.

Hascol reported a gross profit of Rs3.25bn, compared to Rs2.98bn in the corresponding period of 2024.

This translates into a gross profit margin of 2.37% (FY24: 2.87%), indicating modest pressure on margins despite the revenue growth.

Operating profit increased to Rs834 million (FY24: Rs519m), supported by higher other income of Rs1.93bn, offsetting the impact of increased distribution and administrative expenses.

Finance costs, however, remained a major drag, amounting to Rs4.96bn, though significantly lower than Rs7.71bn last year as the company continued deleveraging efforts and benefited from a more stable exchange rate environment.

After accounting for taxation and discontinued operations, Hascol closed the nine-month period with a net loss of Rs5.26bn, improving by 29% YoY.

The company’s net margin stood at -3.85% (FY24: -7.07%), reflecting narrowing losses as cost controls and financial restructuring efforts continued to bear fruit.

Key Financial Highlights- Nine Months Ended September 30, 2025 (Rs ‘000)