Indus Motor Q1 Profit Rises to Rs. 7.38 Billion as Sales Climb

Indus Motor Company Limited reported profit after tax of Rs. 7.384 billion for the first quarter of FY2026–27, up 9.9% from Rs. 6.719 billion in the same quarter last year, according to its filing with the Pakistan Stock Exchange.

Revenue increased 19.9% year on year to Rs. 74.015 billion from Rs. 61.738 billion. Earnings per share rose to Rs. 93.95, compared with Rs. 85.49 a year earlier.

The company reported a 34% increase in sales of completely knocked-down and completely built-up vehicles, to 13,380 units from 9,976. Production rose 39.2% to 14,240 units. Indus Motor said demand was supported mainly by the Corolla and Yaris passenger-car range and the Fortuner SUV.

The higher volume came alongside slower growth in gross profit. Gross profit rose 7.3% to Rs. 11.313 billion, below the 19.9% increase in revenue. The company attributed its higher overall profit to greater sales volume, cost controls, localization efforts, increased other income and a relatively favorable exchange-rate environment.

The board also recommended a first interim cash dividend of Rs. 56 per share, compared with Rs. 51 per share for the same quarter last year.

Indus Motor’s results come as Pakistan’s broader passenger-car and light-commercial-vehicle market continues to recover. The company cited Pakistan Automotive Manufacturers Association data showing industry sales of about 50,480 units in the quarter, up approximately 19.4% year on year.

The figures show stronger sales and higher earnings for the Toyota vehicle assembler, while the slower rise in gross profit compared with revenue points to continued pressure on margins.