Skip to content
Smart Money
Create free account Log in

Oil & Gas Exploration Companies

OGDC Oil & Gas Development Company Limited

Latest results: FY2026 · Jun 2026

Watch OGDC · free results alerts

Last close · 16 Oct 2026

Rs 302.11 -0.05%

Quarterly · Q1 FY2022 – Q4 FY2026

Oil & Gas Development Company Limited (OGDC) quarterly income statement

Oil & Gas Development Company Limited reported revenue of Rs 149.1 bn for Q4 FY2026 (Apr – Jun 2026), up 65.1% on Q4 FY2025. Gross profit came to Rs 80.4 bn, a gross margin of 54.0%. Operating profit was Rs 61.3 bn (an operating margin of 41.1%). Tax of -Rs 43.8 bn took -57.7% of pre-tax profit. Profit attributable to shareholders was Rs 127.1 bn, up 215.4% on Q4 FY2025, or Rs 29.55 per share.

OGDC income statement (quarterly) (Rs bn)
Rs bn TTM to Jun 2026 Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 * Jul – Sep 2025 Q4 FY2025 * Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024
Revenue 449.2 149.1 107.3 96.6 96.2 90.3 104.5 100.4 106.0
Cost of revenue (202.4) (68.6) (44.4) (49.5) (39.9) (46.0) (44.6) (38.8) (40.2)
Gross profit 246.8 80.4 62.9 47.2 56.3 44.3 59.9 61.6 65.8
Selling, general & administrative expenses (53.5) (19.1) (12.1) (13.8) (8.4) (9.0) (12.1) (9.8) (10.1)
Operating profit 193.3 61.3 50.8 33.3 47.8 35.3 47.8 51.8 55.8
Profit before tax 242.5 75.9 61.0 46.9 58.8 51.1 64.4 71.3 70.4
Taxation (16.8) 43.8 (22.7) (14.2) (23.7) (15.9) (20.1) (31.3) (32.6)
Profit after tax 225.8 119.7 38.3 32.7 35.1 35.2 44.2 40.0 37.8
Profit attributable to shareholders 242.4 127.1 42.2 34.7 38.3 40.3 47.1 41.4 41.0
Per share & other
EPS – basic (Rs) Rs 56.35 29.55 9.82 8.07 8.91 9.37 10.96 9.63 9.54
EPS – diluted (Rs) Rs 56.35 29.55 9.82 8.07 8.91 9.37 10.96 9.63 9.54
Dividend per share (Rs) Rs 17.00 6.00 3.25 4.25 3.50 5.00 3.00 4.05 3.00
EBITDA 231.8 74.3 59.0 43.1 55.4 47.9 55.8 59.4 62.1
Depreciation & amortisation 38.5 13.0 8.2 9.7 7.6 12.6 8.0 7.6 6.4
Weighted average shares mn 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9
OGDC income statement — year-on-year change (Rs mn)
Rs mn Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 * Jul – Sep 2025 Q4 FY2025 * Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024
Revenue +65.1% +2.7% -3.8% -9.3% -21.9% -7.4% -12.9% -11.8%
Cost of revenue +49.2% -0.3% +27.4% -0.7% -9.4% +10.2% -17.5% -4.7%
Gross profit +81.7% +4.9% -23.4% -14.5% -31.6% -17.2% -9.7% -15.6%
Selling, general & administrative expenses +113.6% -0.5% +40.8% -16.1% -3.2% +25.6% +14.0% +7.4%
Operating profit +73.5% +6.3% -35.6% -14.2% -36.4% -23.8% -13.1% -18.7%
Profit before tax +48.4% -5.3% -34.2% -16.4% +1.4% -17.6% +3.5% -15.4%
Taxation -375.0% +12.7% -54.7% -27.4% -2.4% -39.9% — -12.2%
Profit after tax +239.9% -13.4% -18.3% -7.0% +3.2% -1.0% -43.6% -18.0%
Profit attributable to shareholders +215.4% -10.4% -16.2% -6.6% +6.4% -1.4% -44.2% -16.4%
Per share & other
EPS – basic (Rs) +215.4% -10.4% -16.2% -6.6% +6.4% -1.4% -44.2% -16.4%
EPS – diluted (Rs) +215.4% -10.4% -16.2% -6.6% +6.4% -1.4% -44.2% -16.4%
Dividend per share (Rs) +20.0% +8.3% +4.9% +16.7% +25.0% +50.0% +62.0% +87.5%
EBITDA +55.1% +5.7% -27.5% -10.7% -26.5% -21.4% -13.1% -19.8%
Depreciation & amortisation +3.5% +2.0% +27.2% +19.4% +30.1% -3.8% -13.1% -27.7%
Weighted average shares — — — — — — — —

Change against the same quarter a year earlier; shown when the earlier figure is positive.

OGDC income statement — common size (Rs mn)
Rs mn Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 * Jul – Sep 2025 Q4 FY2025 * Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024
Revenue 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Cost of revenue (46.0%) (41.4%) (51.2%) (41.5%) (50.9%) (42.7%) (38.7%) (37.9%)
Gross profit 54.0% 58.6% 48.8% 58.5% 49.1% 57.3% 61.3% 62.1%
Selling, general & administrative expenses (12.8%) (11.3%) (14.3%) (8.8%) (9.9%) (11.6%) (9.8%) (9.5%)
Operating profit 41.1% 47.3% 34.5% 49.7% 39.1% 45.7% 51.6% 52.6%
Profit before tax 50.9% 56.8% 48.5% 61.1% 56.6% 61.6% 71.0% 66.4%
Taxation 29.4% (21.1%) (14.7%) (24.6%) (17.6%) (19.3%) (31.1%) (30.8%)
Profit after tax 80.3% 35.7% 33.9% 36.5% 39.0% 42.3% 39.9% 35.6%
Profit attributable to shareholders 85.3% 39.4% 35.9% 39.8% 44.6% 45.1% 41.3% 38.7%
Per share & other
EBITDA 49.9% 55.0% 44.6% 57.6% 53.1% 53.4% 59.2% 58.6%
Depreciation & amortisation 8.7% 7.6% 10.1% 7.9% 13.9% 7.7% 7.6% 6.0%

Each line as a percentage of revenue.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. TTM = the latest four quarters added together. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 15 Oct 2026.

All reported line items 104
OGDC income statement — all reported line items (Rs bn)
Rs bn Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 Jul – Sep 2025 Q4 FY2025 Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024
Revenue from Goods & Services 149.1 107.3 96.6 96.2 90.3 104.5 100.4 106.0
Sales of Goods & Services - Net - Unclassified — — — — — 0.0 — —
Revenue Taxes 14.8 12.9 11.5 11.7 11.0 12.5 12.0 13.3
Gross Revenue from Business Activities - Total 163.9 120.2 108.2 107.8 101.3 117.0 112.4 119.3
Revenue from Business Activities - Total 149.1 107.3 96.6 96.2 90.3 104.5 100.4 106.0
Cost of Operating Revenue 68.6 44.4 49.5 39.9 46.0 44.6 38.8 40.2
Cost of Revenues - Total 68.6 44.4 49.5 39.9 46.0 44.6 38.8 40.2
Cost of Revenues - Unclassified 51.4 31.6 37.5 29.3 35.8 32.4 27.2 27.0
Selling, General & Administrative Expenses - Total 19.1 12.1 13.8 8.4 9.0 12.1 9.8 10.1
Production Taxes & Royalty Expenses 17.2 12.8 12.0 10.6 10.2 12.2 11.6 13.2
Selling, General & Administrative Expenses - Unclassified 3.9 2.7 2.4 2.1 1.9 1.8 2.0 1.8
Gross Profit - Industrials/Property - Total 80.4 62.9 47.2 56.3 44.3 59.9 61.6 65.8
Operating Expenses - Total 87.8 56.5 63.3 48.3 54.9 56.7 48.6 50.3
Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses 4.4 3.4 2.6 3.3 3.0 3.5 3.8 4.4
Exploration/Dry Hole Expenses (including Write-Off) 10.9 6.0 8.8 3.1 4.1 6.8 4.0 3.9
Operating Profit before Non-Recurring Income/(Expense) 61.3 50.8 33.3 47.8 35.3 47.8 51.8 55.8
Financing Income/(Expense) - Net - Total 9.2 8.3 9.2 6.8 11.5 18.2 10.1 14.3
Interest Expense - Net of (Interest Income) (9.9) (9.4) (8.7) (9.2) (9.7) (16.3) (10.7) (16.5)
Non-Interest Financial Income/(Expense) - Total (0.7) (1.1) 0.5 (2.3) 1.8 1.9 (0.6) (2.1)
Non-Interest Financial Income/(Expense) - Other - Net (1.3) (1.1) (1.2) (1.2) (1.3) (0.7) (1.0) (1.6)
Other Non-Operating Income/(Expense) - Total 6.0 2.0 3.6 0.4 4.3 (1.6) 9.2 (3.2)
Foreign Exchange Gain/(Loss) - Non-Business (1.1) (0.9) 0.7 (1.1) 3.1 2.7 0.4 (0.6)
Normalized Pre-tax Profit 76.5 61.1 46.1 55.0 51.1 64.4 71.1 66.8
Non-Recurring Income/Expense - Total (0.6) (0.2) 0.8 3.8 (0.0) (0.0) 0.2 3.5
Interest Income - Non-Bank 9.9 9.4 8.7 9.2 9.7 16.3 10.7 16.5
Dividend & Investment Income — 0.0 0.0 — — — — —
Sale of Investments Held for Sale, Maturity & Trading - Gain/(Loss) 1.7 0.9 0.9 — — — — —
Fair Value Adjustments - Financial Investments (0.6) (0.2) 0.8 3.8 (0.0) (0.0) 0.2 3.5
Income before Taxes 75.9 61.0 46.9 58.8 51.1 64.4 71.3 70.4
Equity in Earnings/(Loss) of Affiliates (after Taxes) 7.5 4.0 2.0 3.2 5.1 2.9 1.4 3.2
Income Taxes (43.8) 22.7 14.2 23.7 15.9 20.1 31.3 32.6
Income Taxes for the Year - Current (36.8) 20.7 13.3 22.6 14.0 19.2 31.3 33.0
Income Taxes - Other (KFAS/NLST) - Current — — — — — — 31.3 —
Income Taxes - Deferred (6.9) 1.9 0.8 1.1 1.9 0.9 (0.0) (0.4)
Net Income after Tax 119.7 38.3 32.7 35.1 35.2 44.2 40.0 37.8
Income before Discontinued Operations & Extraordinary Items 127.1 42.2 34.7 38.3 40.3 47.1 41.4 41.0
Net Income before Minority Interest 127.1 42.2 34.7 38.3 40.3 47.1 41.4 41.0
Net Income after Minority Interest 127.1 42.2 34.7 38.3 40.3 47.1 41.4 41.0
Income Available to Common Shares 127.1 42.2 34.7 38.3 40.3 47.1 41.4 41.0
Other Comprehensive Income - Starting Line 127.1 42.2 34.7 38.3 40.3 47.1 41.4 41.0
Other Comprehensive Income - Foreign Currency (0.2) (0.2) (0.4) (0.4) (4.0) 0.3 0.1 (0.1)
Other Comprehensive Income - Other (0.6) (0.1) (0.1) (0.2) (8.1) 0.1 0.0 (0.0)
Other Comprehensive Income - Net of Tax - Total (0.9) (0.3) (0.5) (0.6) (12.1) 0.3 0.2 (0.1)
Comprehensive Income before Minority Interest - Total 126.2 41.9 34.2 37.7 28.2 47.5 41.6 40.9
Comprehensive Income - Attributable to Parent Company Equity Holders - Total 126.2 41.9 34.2 37.7 28.2 47.5 41.6 40.9
DPS - Common - Gross - Issue - By Period End Date Rs 6.00 3.25 4.25 3.50 5.00 3.00 4.05 3.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 127.1 42.2 34.7 38.3 40.3 47.1 41.4 41.0
Income available to Common excluding Extraordinary Items 127.1 42.2 34.7 38.3 40.3 47.1 41.4 41.0
Shares used to calculate Basic EPS - Total mn 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 29.55 9.82 8.07 8.91 9.37 10.96 9.63 9.54
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs 29.55 9.82 8.07 8.91 9.37 10.96 9.63 9.54
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs 29.70 9.86 7.89 8.03 9.37 10.97 9.58 8.72
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 127.1 42.2 34.7 38.3 40.3 47.1 41.4 41.0
Earnings Allocation Factor - Basic - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Basic EPS - Issue Specific mn 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 29.55 9.82 8.07 8.91 9.37 10.96 9.63 9.54
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 29.55 9.82 8.07 8.91 9.37 10.96 9.63 9.54
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs 29.70 9.86 7.89 8.03 9.37 10.97 9.58 8.72
EPS - Basic from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Comprehensive Earnings Per Share - Basic - Issue Specific Rs 29.35 9.75 7.96 8.77 6.56 11.04 9.67 9.51
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total 127.1 42.2 34.7 38.3 40.3 47.1 41.4 41.0
Diluted Income available to Common excluding Extraordinary Items 127.1 42.2 34.7 38.3 40.3 47.1 41.4 41.0
Shares used to calculate Diluted EPS - Total mn 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs 29.55 9.82 8.07 8.91 9.37 10.96 9.63 9.54
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs 29.55 9.82 8.07 8.91 9.37 10.96 9.63 9.54
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs 29.70 9.86 7.89 8.03 9.37 10.97 9.58 8.72
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 127.1 42.2 34.7 38.3 40.3 47.1 41.4 41.0
Earnings Allocation Factor - Diluted - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Diluted EPS - Issue Specific mn 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9 4,300.9
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs 29.55 9.82 8.07 8.91 9.37 10.96 9.63 9.54
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 29.55 9.82 8.07 8.91 9.37 10.96 9.63 9.54
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs 29.70 9.86 7.89 8.03 9.37 10.97 9.58 8.72
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Comprehensive Earnings Per Share - Diluted - Issue Specific Rs 29.35 9.75 7.96 8.77 6.56 11.04 9.67 9.51
DPS - Common - Gross - Issue - By Announcement Date Rs 3.25 4.25 3.50 5.00 3.00 4.05 3.00 4.00
DPS - Common - Net - Issue - By Announcement Date Rs 2.93 3.83 3.15 4.50 2.70 3.65 2.70 3.60
Earnings before Interest & Taxes (EBIT) 61.3 50.8 33.3 47.8 35.3 47.8 51.8 55.8
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 74.3 59.0 43.1 55.4 47.9 55.8 59.4 62.1
Earnings before Interest, Taxes, Depreciation, Amortization & Exploration Expenses (EBITDAX) 85.2 65.0 51.9 58.5 52.0 62.6 63.4 66.0
Depreciation & Amortization - Supplemental 13.0 8.2 9.7 7.6 12.6 8.0 7.6 6.4
Depreciation Expense - Total - Supplemental 2.6 3.0 3.4 3.2 3.2 3.0 2.9 2.5
Amortization - Total - Supplemental 10.4 5.2 6.3 4.4 9.4 5.1 4.7 3.9
Intangible Amortization - Other - Supplemental 10.4 5.2 6.3 4.4 9.4 5.1 4.7 3.9
Depreciation, Depletion & Amortization - Total 13.0 8.2 9.7 7.6 12.6 8.0 7.6 6.4
Depreciation - Total 2.6 3.0 3.4 3.2 3.2 3.0 2.9 2.5
Amortization of Intangible Assets excluding Goodwill - Total 10.4 5.2 6.3 4.4 9.4 5.1 4.7 3.9
Normalized after Tax Profit 120.3 38.4 31.9 31.3 35.2 44.2 39.8 34.2
Normalized Net Income from Continuing Operations 127.7 42.4 33.9 34.5 40.3 47.2 41.2 37.5
Normalized Net Income - Bottom Line 127.7 42.4 33.9 34.5 40.3 47.2 41.2 37.5
Earnings before Interest & Taxes (EBIT) - Normalized 66.6 51.7 37.4 45.9 41.4 48.1 60.3 50.4
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized 79.6 59.9 47.1 53.5 54.0 56.1 68.0 56.7
Operating Expenses 87.8 56.5 63.3 48.3 54.9 56.7 48.6 50.3
Selling, General & Administrative Expenses excluding Research & Development Expenses 19.1 12.1 13.8 8.4 9.0 12.1 9.8 10.1
Income before Taxes & Provision for Loan Losses 75.9 61.0 46.9 58.8 51.1 64.4 71.3 70.4
Cost of Revenue including Operation & Maintenance (Utility) - Total 68.6 44.4 49.5 39.9 46.0 44.6 38.8 40.2
Cost of Revenues excluding Depreciation 68.6 44.4 49.5 39.9 46.0 44.6 38.8 40.2
DPS - Common - Gross - Issue - By Payable Date Rs 3.25 4.25 8.50 0.00 3.00 4.05 7.00 0.00
DPS - Common - Gross - Issue - By Ex Date Rs 3.25 4.25 8.50 0.00 3.00 4.05 7.00 0.00
Tax Adjusted Operating Income 127.1 42.2 34.7 38.3 40.3 47.1 41.4 41.0
Operating Expenses excluding Non-Cash Charges - Total 74.7 48.3 53.6 40.7 42.4 48.7 41.0 43.9
Exploration Expenses and Interest Expenses (After Tax) 10.9 6.0 8.8 3.1 4.1 6.8 4.0 3.9
Income Available to Common Shares before Depreciation & Amortization 140.1 50.4 44.4 45.9 52.9 55.2 49.1 47.4
Estimated Tax Rate 0.29× 0.29× 0.29× 0.29× 0.29× 0.29× 0.29× 0.29×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs 3.25 4.25 3.50 5.00 3.00 4.05 3.00 4.00

Every line the company reported, in the original order and wording, without regrouping or signs changed.