OGDCL Posts Impressive Consolidated Profit of Rs58.5 Billion for Q1; Declares Highest-Ever First-Quarter Interim Dividend of Rs5 Per Share Following 53% Profit Surge
ISLAMABAD : The Oil and Gas Development Company Limited (OGDCL), Pakistan’s biggest exploration and production (E&P) firm, has delivered solid financial results delivering a net profit for the consolidated entity of Rs58.5 billion in first quarter (Q1) of 2026, ending September 30, 2026.
The company recently made the presentation of its quarterly financial results to the Pakistan Stock Exchange (PSX) on Friday indicating that the company has seen a significant rise of nearly 53 percent in its quarterly earnings from Rs38.3 billion earned in the same period last year.
The key highlights of OGDCL’s financial results and the dividend payout are as follows:The important points to note from OGDCL’s financial results and dividend payout are:
The bottom line growth resulted in an earnings per share (EPS) of Rs13.60 compared with Rs8.91 reported in the corresponding quarter last year.
Record Interim Dividend: OGDCL board declared an interim cash dividend of Rs5 per share (50 percent) for the quarter ended September 30, 2026, reflecting the good health and value delivery to the shareholders. The first quarter dividend is the highest for the company in its history.
In the exploration sector, OGDCL is the country’s leading E&P company and its impressive financial results reflect its importance in supporting Pakistan’s energy sector revenues and capital market stability.