Wafi Energy Pakistan Posts Profit of Rs. 873 Million in Q1

The Board of Directors of Wafi Energy Pakistan Limited (WEPL) announced the first quarter results for the company. For the period ending March 31, 2025, the company reported a profit after tax of Rs. 873 million compared to a profit after tax of Rs. 314 million in the same period last year. WEPL maintained its market share despite ongoing challenges in the oil industry — including rising operational costs from changes to the sales tax regime and persistent illicit petroleum trade — demonstrating operational resilience and strong network controls. The company continues to collaborate with industry stakeholders and engage with regulatory authorities to ensure industry margins accurately reflect cost pressures. In the Lubricants business, WEPL achieved growth in both the consumer (B2C) and industrial (B2B) segments. The company secured key strategic partnerships with Original Equipment Manufacturers (OEMs) such as Hyundai and Suzuki. Additionally, the B2B segment maintained its leadership in the mining sector. In the Mobility segment, WEPL expanded its Shell-branded retail network, adding four new sites and upgrading three existing stations. Shell V-Power, the company’s premium fuel, achieved its highest-ever quarterly volume, with an industry-leading penetration rate. WEPL reaffirmed its commitment to social impact through its Tameer platform, which trained 52 entrepreneurs via workshops in Lahore and Rawalpindi. In celebration of International Women’s Day, WEPL organized a vehicle maintenance and safety session for women in Karachi, equipping participants with essential automotive knowledge and road safety tips. WEPL remains dedicated to operational excellence, safety, strengthening its financial position, and fulfilling its responsible role in society.