OGDCL Reports Rs 73 Billion Profit and Record Dividends for H1 FY2026. -

Oil and Gas Development Company Limited (OGDCL) has reported a profit after tax of Rs 73.019 billion for the first half of the fiscal year ending December 31, 2025. Despite an 11% decline in profitability compared to the previous year—largely due to production curtailments and lower global oil prices—the company maintained strong net sales of Rs 192.83 billion and an Earnings Per Share (EPS) of Rs 16.98.

Key Financial and Operational Highlights

Record Dividends: The Board declared a second interim cash dividend of Rs 4.25 per share (42.5%), bringing the total H1 dividend to a record Rs 7.75 per share.
Operational Success: During this period, OGDCL successfully spud five wells and achieved four new oil and gas discoveries, including significant finds at the Baragzai X-01 well in Khyber Pakhtunkhwa and Dars West-3 in Sindh.
Key Projects: The company commissioned the Jhal Magsi Project, currently producing 14 MMcfd of gas, and completed the Dakhni Compression Project ahead of schedule.
Economic Contribution: OGDCL contributed Rs 120 billion to the national exchequer through taxes, royalties, and dividends while saving an estimated $1.4 billion in foreign exchange through import substitution.
Circular Debt Relief: The company saw a reversal in the receivables build-up trend, with gas receivables collection reaching 156% and overall collection at 125%.

Disclaimer: This post is for informational and market awareness purposes based on official financial reports of OGDCL. Financial investments in the stock market involve risks, and past performance is not necessarily indicative of future results. Please consult with a financial advisor for investment decisions.