OGDCL Reports Rs171 Billion Profit in First Nine Months


Oil and Gas Development Company Ltd (OGDCL) has announced a notable 7.18% increase in its profit after tax (PAT), reaching Rs171.104 billion with earnings per share at Rs39.78 for the first nine months ending March 31, 2023-24.

According to a statement released on Wednesday, OGDCL’s net sales revenue stood at Rs348.164 billion. The board declared an interim cash dividend of Rs2 per share or 20% for the quarter ending March 31, in addition to the earlier interim dividend of Rs4.1 per share paid to shareholders.

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