APL FY26 profit jumps 63%, declares Rs40 final cash dividend

August 27, 2026 (MLN): Attock Petroleum Limited (PSX: APL) recorded a 63% increase in its net profit for the year ended June 30, 2026, with profit for the year climbing to Rs16.96bn from Rs10.39bn in the corresponding period last year.

Showing this exceptional bottom-line growth, the company's earnings per share (EPS) expanded to Rs136.31 from Rs83.53 in FY25.

The Board of Directors has announced a final cash dividend of Rs40.00 per share (400%) for the year ended June 30, 2026. This is in addition to the interim dividend of Rs20.00 per share (200%) already paid.

The top-line showed steady growth, with gross sales rising 12% year-on-year to Rs540.37bn from Rs482.43bn.

After accounting for sales tax and other government levies which declined 13% to Rs7.28bn net sales posted a 12% increase to Rs533.10bn from Rs474.10bn in the prior year.

Cost of products sold rose at a slower pace of 10% to Rs501.02bn, creating a meaningful positive gap with revenue growth and allowing gross profit to surge 70% to Rs32.08bn from Rs18.83bn the primary engine of the earnings expansion.

On the expenditure side, operating expenses rose 12% to Rs9.60bn, and net impairment loss on financial assets increased to Rs22.73m from Rs8.84m.

Net other income grew 43% to Rs3.18bn from Rs2.22bn, providing an additional boost.

These combined movements drove operating profit to more than double at Rs25.64bn from Rs12.48bn, a gain of 105%.

Below the operating line, finance income declined 20% to Rs5.77bn, while finance cost held broadly stable, rising just 1% to Rs2.03bn, resulting in net finance income of Rs3.73bn down 29% from Rs5.24bn but still a meaningful positive contributor.

Share of profit from associates accounted for under the equity method declined 25% to Rs354.52m. Other charges rose 66% to Rs2.02bn from Rs1.22bn.

These combined factors pushed profit before income tax and final taxes up 63% to Rs27.71bn from Rs16.98bn.

Final taxes levies recorded no charge in the current year against a negligible Rs174,000 in FY25, keeping profit before taxation at Rs27.71bn, up 63%.

Provision for taxation rose 63% to Rs10.75bn from Rs6.59bn rising in near-perfect proportion to pre-tax profit growth resulting in the 63% increase in profit for the year.

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