$PPL Pakistan Petroleum Limited (PPL): Earning Review – By Foundation Research
$PPL
Pakistan Petroleum Limited
Rs. 219.78
-0.18%
- Pakistan Petroleum Limited (PPL) standalone profitability clocked-in at PKR 20.3Bn (EPS PKR 7.5), ↓/↑ 26/1% YoY/QoQ, during 2QFY26 against profitability of PKR 27.3Bn (EPS PKR 10.0) in the same period last year. This cumulates into 1HFY26 profitability of PKR 40.4Bn (EPS PKR 14.8), down 21% YoY. PPL also announced an interim dividend of PKR 2.0/sh in 2QFY26, this bring 1H payout to PKR 4.0.
- The result is lower than our expectations given higher than anticipated OPEX and higher than expected suppression in non-core income.