Pakistan Petroleum Limited (PSX: PPL)

Pakistan Petroleum Income Statement

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	280,016	291,241	288,053	203,811	149,279	157,999
Revenue Growth (YoY)	-4.51%	1.11%	41.33%	36.53%	-5.52%	-3.87%
Cost of Revenue	101,637	101,393	96,198	71,382	62,985	67,053
Gross Profit	178,379	189,848	191,855	132,429	86,293	90,947
Selling, General & Admin	5,747	5,311	3,994	4,675	3,786	3,086
Other Operating Expenses	17,135	17,597	16,034	12,969	6,906	6,814
Operating Expenses	42,933	42,441	42,415	42,426	20,633	27,852
Operating Income	135,447	147,406	149,440	90,002	65,660	63,095
Interest Expense	-253.11	-104.99	-210.29	-39.34	-0.96	-6.41
Interest & Investment Income	18,784	16,761	11,800	6,746	3,807	3,834
Earnings From Equity Investments	-2,107	-2,327	-683.24	-2,607	-	-
Currency Exchange Gain (Loss)	-2,954	-2,287	5,435	6,873	-1,273	528.55
Other Non Operating Income (Expenses)	211.08	248.64	-12.64	130.53	132.87	2,173
EBT Excluding Unusual Items	149,128	159,697	165,769	101,105	68,327	69,624
Gain (Loss) on Sale of Assets	57.94	180.93	99.05	79.58	27.23	18.14
Asset Writedown	116.64	116.64	-994.32	-2,291	-	-
Pretax Income	150,433	160,279	164,912	98,937	68,438	69,643
Income Tax Expense	42,020	44,802	67,690	44,585	16,155	20,218
Net Income	108,413	115,477	97,222	54,353	52,283	49,425
Preferred Dividends & Other Adjustments	0.03	0.03	0.03	0.03	0.03	0.04
Net Income to Common	108,413	115,477	97,222	54,353	52,283	49,425
Net Income Growth	7.71%	18.78%	78.87%	3.96%	5.78%	-16.88%
Shares Outstanding (Basic)	2,721	2,721	2,721	2,721	2,721	2,721
Shares Outstanding (Diluted)	2,721	2,721	2,721	2,721	2,721	2,721
EPS (Basic)	39.84	42.44	35.73	19.98	19.21	18.16
EPS (Diluted)	39.84	42.44	35.73	19.98	19.21	18.16
EPS Growth	7.71%	18.78%	78.87%	3.96%	5.78%	-16.88%
Free Cash Flow	78,489	54,935	-6,239	18,795	39,250	-2,815
Free Cash Flow Per Share	28.85	20.19	-2.29	6.91	14.43	-1.03
Dividend Per Share	8.000	6.000	2.500	2.000	3.500	1.000
Dividend Growth	220.00%	140.00%	25.00%	-42.86%	250.00%	-40.00%
Gross Margin	63.70%	65.19%	66.60%	64.98%	57.81%	57.56%
Operating Margin	48.37%	50.61%	51.88%	44.16%	43.99%	39.93%
Profit Margin	38.72%	39.65%	33.75%	26.67%	35.02%	31.28%
Free Cash Flow Margin	28.03%	18.86%	-2.17%	9.22%	26.29%	-1.78%
EBITDA	157,805	169,373	169,720	107,065	83,748	84,229
EBITDA Margin	56.36%	58.16%	58.92%	52.53%	56.10%	53.31%
D&A For EBITDA	22,358	21,967	20,279	17,063	18,087	21,134
EBIT	135,447	147,406	149,440	90,002	65,660	63,095
EBIT Margin	48.37%	50.61%	51.88%	44.16%	43.98%	39.93%
Effective Tax Rate	27.93%	27.95%	41.05%	45.06%	23.60%	29.03%

Source: S&P Capital IQ. Standard template. Financial Sources.