$PPL Pakistan Petroleum Limited (PPL): 2QFY26 EPS down 26% YoY to Rs7.44/share – In line with expectations – By Topline Research
$PPL
Pakistan Petroleum Limited
Rs. 222.58
-4.23%
- Pakistan Petroleum Limited (PPL) reported its 2QFY26 results, posting earnings of Rs20.3bn (EPS: Rs7.44), down 26% YoY while remaining largely flat on a QoQ basis (up 1%). The YoY decline is primarily driven by lower hydrocarbon production and weaker oil prices.
- This brings 1HFY26 earnings to Rs40.4bn (EPS: 14.84), reflecting a 21% YoY decline.
- The company reported net sales of Rs61.2bn, up 1% YoY and 8% QoQ. The QoQ growth is attributable to a slight recovery in oil and gas volumes.