Mari Energy’s Profit Up 7% to Nearly Rs50 Billion After 9 Months

Mari Energy's Profit Up 7% to Nearly Rs50 Billion After 9 Months

Mari Energies Limited (PSX: MARI) has reported a solid 7% increase in its net profit for the nine months ended March 31, 2026, reaching nearly Rs50 billion compared to the same period last year. The performance reflects the company’s operational resilience and strong demand for energy in Pakistan.

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The company’s earnings per share (EPS) improved accordingly, reflecting the profit growth. The results were driven by robust operational performance, efficient cost management, and sustained demand for natural gas from the industrial and power sectors.

Financial Highlights

Metric9MFY26Change
Net Profit~Rs50 billion+7%
EPSImproved

Operational Performance

Mari Energies continues to benefit from its position as a leading exploration and production company in Pakistan. The company’s flagship Mari gas field remains a critical source of natural gas for the country’s energy needs, supplying fuel to power generation, fertilizer manufacturing, and industrial consumers.

The company has also made progress on its Pressure Enhancement Facilities (PEF) Project, which aims to maintain gas delivery pressure and extend the production plateau of the Habib Rahi Limestone (HRL) reservoir. This project is expected to support sustained production levels in the coming years.

About Mari Energies Limited

Mari Energies Limited (PSX: MARI) is a leading Pakistani exploration and production company, operating as the 100% working interest owner and operator of the Mari gas field, one of Pakistan’s largest natural gas reservoirs. The company plays a critical role in meeting Pakistan’s energy needs through reliable gas production.

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