APL 3MFY27 profit jumps 74%

October 20, 2026 (MLN): Attock Petroleum Limited (PSX: APL) reported a 74% surge in its net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), reaching Rs6.64bn compared to Rs3.81bn in the corresponding period last year.

Reflecting this bottom-line growth, basic and diluted earnings per share (EPS) expanded to Rs53.36, up from Rs30.63 in 1QFY26.

The primary drivers behind the strong quarterly performance were a 36% expansion in net sales and a 56% surge in gross profit.

Gross sales grew 38% to Rs164.70bn, while net sales reached Rs160.55bn (after deducting sales tax and government levies of Rs4.15bn), up from Rs117.78bn in 1QFY26.

Cost of products sold rose 35% to Rs148.74bn, allowing gross profit to jump 56% to Rs11.81bn compared to Rs7.55bn in the prior period.

On the operational front, operating expenses increased 19% to Rs2.85bn.

However, operational performance was boosted by an 85% surge in "other income - net" to Rs1.05bn (up from Rs567m), bringing operating profit up 74% to Rs9.99bn.

Below the operating line, net finance income held firm at Rs905.99m (finance income of Rs1.36bn against finance costs of Rs454.91m).

Additionally, share of profit of associates witnessed a significant jump to Rs285.48m (up from Rs1.19m in 1QFY26). After accounting for other charges of Rs748.08m, profit before taxation rose 68% to Rs10.44bn.

The company absorbed a higher corporate tax provision of Rs3.80bn for the quarter (up 58% from Rs2.40bn in 1QFY26).

Backed by strong top-line sales, expanded core margins, and higher share of profits from associates, Attock Petroleum Limited securely closed the three-month period with its net profit reaching Rs6.64bn.

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