SNGPL posts highest-ever profit before levy, income tax of Rs34,656m

LAHORE: The Board of Directors of Sui Northern Gas Pipelines Limited (SNGPL), at its meeting held in Lahore on Thursday, November 5, 2026, approved the Company’s Annual Financial Statements for the financial year ended June 30, 2026, and recommended a final cash dividend of Rs. 3.00 per share (30pc) for approval by the shareholders.

SNGPL achieved its highest-ever profit before levy and income tax of Rs. 34,656 million during FY 2025–26, registering an impressive increase of approximately 42 percent over Rs. 24,446 million reported in the preceding financial year. The Company posted a profit after tax of Rs. 14,809 million, translating into earnings per share (EPS) of Rs. 23.35, compared to a profit after tax of Rs. 14,592 million and EPS of Rs. 23.01 recorded in FY 2024–25.

The Company’s sustained and focused efforts towards improving operational efficiency and controlling losses also yielded positive results, with Unaccounted-for-Gas (UFG) volumes declining by 1,672 MMCF (from 29,520 MMCF to 27,848 MMCF) during the year. This reduction reflects the Company’s continued commitment to enhancing operational performance and strengthening its efforts to curb gas losses.

The Company’s Annual General Meeting (AGM) will be held on November 27, 2026, at its Head Office, where shareholders will consider and approve the Annual Financial Statements, the recommended final cash dividend and other matters of ordinary business.

The Board appreciated the Management’s performance and particularly commended its concerted efforts towards UFG control and improved operational efficiency. The Board also acknowledged the dedication, professionalism and commitment of the Company’s employees in pursuing the targets set by the Board. The valuable contributions of the Board Members, Management and staff were recognized as instrumental in the Company’s overall performance and achievement of this historic financial milestone.

Copyright Business Recorder, 2026