By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read
Indus Motor Company Suspends Toyota Car Production

Indus Motor Company Limited (PSX: INDU) has posted an impressive rise of over 75% in profitability for the nine-month period ending March 31, 2025. According to the Indus Motor financial results 2025, the company reported a profit after tax of Rs16.55 billion [EPS: Rs210.62], up from Rs9.41 billion [EPS: Rs119.67] recorded during the same period last year (SPLY).

The Board of Directors announced a third interim cash dividend of Rs50 per share (500%), adding to the cumulative interim cash dividend of Rs76 per share (760%) paid earlier.

As detailed in the Indus Motor financial results 2025, revenue from contracts with customers grew by 48.15%, reaching Rs145.53 billion, compared to Rs98.23 billion in SPLY. However, the cost of sales also climbed by 42.77% to Rs123.57 billion. This resulted in gross profit soaring by 88.06% to Rs21.96 billion.

Operating profit saw exceptional growth of 182.54%, standing at Rs17.92 billion compared to Rs6.34 billion a year earlier. During the review period, other income increased by 16.49% to Rs10.97 billion.

On the expenditure side, administrative expenses rose by 35.48% YoY to Rs2.32 billion, while distribution expenses significantly dropped by 58.86% YoY to Rs1.47 billion. Other operating expenses jumped sharply by 363.33% YoY to Rs250.11 million.

Meanwhile, finance costs surged by 89.40% to Rs172.97 million, driven mainly by higher borrowing costs. Tax payments also doubled, reaching Rs10.63 billion, reflecting a 102.84% rise compared to Rs5.24 billion in the same period last year.

Financial Results for the Nine Months Ended March 31, 2025 (Rs ‘000)

Particulars Mar-25 Mar-24 % Change
Revenue from contracts with customers 145,531,732 98,232,280 48.15%
Cost of sales (123,572,242) (86,555,414) 42.77%
Gross profit 21,959,490 11,676,866 88.06%
Distribution expense (1,467,241) (3,566,214) -58.86%
Administrative expenses (2,322,284) (1,714,163) 35.48%
Other operating expenses (250,110) (53,981) 363.33%
Total operating expenses (4,039,635) (5,334,358) -24.27%
Operating profit 17,919,855 6,342,508 182.54%
Workers’ Profit Participation Fund and Welfare Fund (1,493,150) (711,048) 109.99%
Profit from operations 16,426,705 5,631,460 191.70%
Other income 10,974,891 9,421,176 16.49%
Profit before finance cost 27,401,596 15,052,636 82.04%
Finance cost (172,966) (91,324) 89.40%
Profit before taxation & levy 27,228,630 14,961,292 81.99%
Levy (45,696) (315,687) -85.52%
Profit before taxation 27,182,934 14,645,617 85.60%
Taxation (10,628,351) (5,239,717) 102.84%
Profit after taxation 16,554,582 9,406,436 75.99%
Earnings per share – basic and diluted (Rupees) 210.62 119.67 76.00%

The latest financial performance highlights Indus Motor’s strong revenue momentum, operational efficiency, and ability to deliver shareholder value despite a challenging macroeconomic environment.