Oil and Gas Development Company Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 112,788.53 million compared to PKR 105,912.88 million a year ago. Net income was PKR 47,807.69 million compared to PKR 64,627.23 million a year ago. Basic earnings per share from continuing operations was PKR 11.12 compared to PKR 15.03 a year ago. Diluted earnings per share from continuing operations was PKR 11.12 compared to PKR 15.03 a year ago.
For the nine months, sales was PKR 348,163.71 million compared to PKR 309,148.39 million a year ago. Net income was PKR 171,103.71 million compared to PKR 159,638.9 million a year ago. Basic earnings per share from continuing operations was PKR 39.78 compared to PKR 37.12 a year ago. Diluted earnings per share from continuing operations was PKR 39.78 compared to PKR 37.12 a year ago.