Mari Energies Limited has posted its highest-ever annual profit, reporting a standalone net profit of Rs. 87.1 billion for the financial year ended June 30, 2026. The impressive financial performance reflects the company’s continued strength in Pakistan’s energy sector despite higher royalty expenses during the year.
According to the company’s financial results announced on Friday, net profit increased significantly from Rs. 65.1 billion recorded in FY2025. Earnings per share (EPS) also rose to Rs. 72.52, compared with Rs. 54.25 in the previous financial year, highlighting strong profitability and improved returns for shareholders.
The company’s Board of Directors recommended a final cash dividend of Rs. 18.70 per share. Combined with the interim dividend of Rs. 8.30 per share already distributed during the year, the total cash dividend for FY2026 amounts to Rs. 27 per share.
The dividend announcement is expected to be welcomed by investors, as it reflects the company’s robust financial position and confidence in its long-term business outlook.
Mari Energies also reported an operating profit of Rs. 82.6 billion, compared with Rs. 81.4 billion in the previous year. The increase came despite the company incurring an additional royalty charge of Rs. 8.5 billion following the implementation of Rule 35 of the Pakistan Onshore Petroleum (Exploration and Production) Rules, 2013.
The additional royalty expense increased operational costs, yet the company successfully maintained profitability through strong business performance and operational efficiency.
The financial results also benefited from the reversal of Super Tax following a judgment by the Federal Constitutional Court of Pakistan. The company stated that this legal development positively impacted its annual earnings and contributed to the record profit reported for the fiscal year.
Mari Energies remains one of Pakistan’s leading exploration and production companies, playing a vital role in meeting the country’s natural gas and energy requirements. The company continues to invest in exploration activities, production expansion, and operational improvements aimed at strengthening Pakistan’s domestic energy supply.
Analysts believe the record earnings demonstrate the resilience of the company’s business model despite regulatory changes and evolving market conditions. Higher profitability and generous dividend payouts are also expected to strengthen investor confidence in Pakistan’s energy sector.
The company’s strong financial performance comes at a time when Pakistan is placing greater emphasis on increasing domestic energy production to reduce reliance on imported fuels and improve long-term energy security. Exploration and production companies like Mari Energies remain central to achieving these national objectives.
Investors will now closely monitor the company’s future exploration projects, production growth, and financial performance as it seeks to build on its record-breaking FY2026 results. Continued operational efficiency, favorable regulatory developments, and sustained demand for domestic energy resources are expected to remain key drivers of future growth.
