GHNI 1QFY27 profit surges 65%

October 27, 2026 (MLN): Ghandhara Industries Limited (PSX: GHNI) reported a 65% surge in its net profit for the first quarter ended September 30, 2026 (1QFY27 / 3MFY27), reaching Rs2.59bn compared to Rs1.58bn in the corresponding period last year.

Reflecting this robust bottom-line growth, basic and diluted earnings per share (EPS) for the quarter expanded to Rs60.89, up from Rs36.98 in 1QFY26.

The primary catalyst driving the strong quarterly performance was a 58% expansion in net sales alongside a 65% surge in gross profit, powered by sustained volume demand across commercial vehicles and trucks.

Net sales for the quarter rose to Rs18.89bn, up from Rs11.92bn in 1QFY26. Cost of sales increased 56% to Rs14.19bn, allowing gross profit to jump 65% to Rs4.69bn compared to Rs2.85bn in the prior-year period.

On the operational front, distribution expenses increased 128% to Rs715.65m (up from Rs314.48m), administrative expenses rose 37% to Rs158.07m, and other operating expenses stood at Rs191.06m.

Operating gains were strongly reinforced by a 74% surge in "other income" to Rs477.07m (up from Rs274.37m in 1QFY26), pushing profit from operations up 63% to Rs4.11bn.

Below the operating line, finance costs remained well contained at Rs11.93m (compared to Rs9.96m in 1QFY26). With no final tax deductions incurred during the period, profit before income taxation expanded 63% to Rs4.10bn.

The company recorded a corporate taxation charge of Rs1.50bn for the quarter (up 61% from Rs930.32m in 1QFY26).

Backed by strong automotive dispatches, expanded gross margins, and healthy treasury returns, Ghandhara Industries Limited securely closed the three-month period with its net profit reaching Rs2.59bn.

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