OGDCL Reports 53% Profit Surge in Q1FY27, Boosts National Exchequer

OGDCL reported a 53% YoY profit surge to Rs58.5 billion for 1QFY27, with net sales up 38% to Rs132.4 billion. The company saved Pakistan USD 1.32 billion in foreign exchange via import substitution and contributed Rs82 billion to the national exchequer. Production of crude oil, gas, and LPG all rose despite curtailments. While positive for Pakistan's economy, this company-specific news is unlikely to significantly move gold or currency rates.

بحوالہ / Source: www.brecorder.com