Pakistan State Oil Company Limited (PSX:PSO)

PSX:PSO Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	3,263,466	3,318,784	3,742,082	3,539,155	2,541,730	1,223,678
Revenue Growth (YoY)	-9.45%	-11.31%	5.73%	39.24%	107.71%	9.14%
Cost of Revenue	3,161,033	3,225,258	3,633,595	3,456,774	2,365,298	1,167,901
Gross Profit	102,433	93,526	108,487	82,381	176,432	55,777
Selling, General & Admin	27,635	27,343	23,508	20,016	16,070	14,260
Other Operating Expenses	-8,178	-7,133	-5,561	-3,564	14,639	1,002
Operating Expenses	19,458	20,209	17,948	16,655	30,009	15,262
Operating Income	82,975	73,316	90,539	65,726	146,423	40,516
Interest Expense	-32,418	-36,725	-54,739	-41,528	-5,192	-4,242
Interest & Investment Income	10,121	10,121	12,836	8,766	20,515	13,200
Earnings From Equity Investments	8.79	315.69	1,645	-868.78	690.33	574.95
Currency Exchange Gain (Loss)	-8.03	-8.03	-685.09	-212.39	-1,215	1,764
Other Non Operating Income (Expenses)	-688.9	-688.9	-1,228	-2,117	-770.8	-7,311
EBT Excluding Unusual Items	59,990	46,331	48,368	29,766	160,450	44,501
Gain (Loss) on Sale of Investments	430.26	430.26	-261.34	-	-	-
Gain (Loss) on Sale of Assets	103.77	103.77	61.81	163.55	110.21	35.98
Asset Writedown	-	-	-	-	-	-4.85
Other Unusual Items	-	-	-	-	-	470.95
Pretax Income	60,524	46,865	48,169	29,929	160,561	45,003
Income Tax Expense	36,962	32,623	28,518	20,113	64,838	15,445
Earnings From Continuing Operations	23,562	14,242	19,650	9,816	95,723	29,557
Minority Interest in Earnings	564.82	2,203	-1,323	-497.5	-4,479	-152.34
Net Income	24,127	16,444	18,327	9,319	91,244	29,405
Net Income to Common	24,127	16,444	18,327	9,319	91,244	29,405
Net Income Growth	-	-10.27%	96.67%	-89.79%	210.30%	-
Shares Outstanding (Basic)	470	469	469	469	469	469
Shares Outstanding (Diluted)	470	469	469	469	469	469
Shares Change (YoY)	0.01%	-	-	-	-	-
EPS (Basic)	51.39	35.03	39.04	19.85	194.35	62.63
EPS (Diluted)	51.39	35.03	39.04	19.85	194.35	62.63
EPS Growth	-	-10.27%	96.67%	-89.79%	210.30%	-
Free Cash Flow	64,068	144,024	6,443	-271,152	-61,839	7,846
Free Cash Flow Per Share	136.45	306.78	13.72	-577.57	-131.72	16.71
Dividend Per Share	-	10.000	10.000	7.500	10.000	15.000
Dividend Growth	-	-	33.33%	-25.00%	-33.33%	-
Gross Margin	3.14%	2.82%	2.90%	2.33%	6.94%	4.56%
Operating Margin	2.54%	2.21%	2.42%	1.86%	5.76%	3.31%
Profit Margin	0.74%	0.50%	0.49%	0.26%	3.59%	2.40%
Free Cash Flow Margin	1.96%	4.34%	0.17%	-7.66%	-2.43%	0.64%
EBITDA	87,368	78,071	94,620	69,350	149,575	43,472
EBITDA Margin	2.68%	2.35%	2.53%	1.96%	5.88%	3.55%
D&A For EBITDA	4,393	4,755	4,081	3,623	3,152	2,957
EBIT	82,975	73,316	90,539	65,726	146,423	40,516
EBIT Margin	2.54%	2.21%	2.42%	1.86%	5.76%	3.31%
Effective Tax Rate	61.07%	69.61%	59.20%	67.20%	40.38%	34.32%
Advertising Expenses	-	1,199	976.21	597.28	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.