Wafi Energy Pakistan Limited announced its financial performance for the nine months concluding on September 30, 2026, reporting a profit after tax of PKR 6,558 million. During the same timeframe last year, the profit reached PKR 3,030 million. These figures were released during a challenging operating period marked by ongoing global oil market volatility and supply pressures. Alongside these results, the company declared a dividend of PKR 4 per share.
Retail expansion continued throughout the period, with the addition of 54 new Shell retail sites, 26 Shell Select stores, and 9 Shell Recharge electric vehicle charging locations. Customer service was maintained across consumer and industrial lubricants operations through various product offerings and engagement efforts. New partnerships and alliances additionally backed the expansion of the retail business and customer services.
Community outreach included supporting children's education via a collaboration with The Dawood Foundation's MagnifiScience Centre. Furthermore, the company claimed first place in the IFC and Pakistan Business Council Climate2Equal initiative for achievements linked to its Access to Energy programme, which aids rural communities and women.
Global recognition arrived when Shell named Wafi Energy Pakistan Limited as the Shell Licensee of the Year 2025 among all international licensees. This honor highlights the company's operational standards, safety dedication, and customer service performance.
Chief Executive Officer Zubair Shaikh shared his perspective on the performance, stating, Over the first nine months, we have continued to grow our business and improve our position in the market. We have expanded our retail network and increased our non-fuel retail offerings to better serve our customers, despite a challenging operating environment. I am proud of what our team has achieved and their commitment. We will keep investing in our business and building on this progress to create long-term value for our shareholders and Pakistan.
The organization stated it will sustain this momentum while maintaining reliable energy supplies to support the changing energy requirements of Pakistan.
