Honda Atlas reports sharp rise in quarterly profit

News Image

MG News | July 24, 2025 at 12:36 PM GMT+05:00

July 24, 2025 (MLN): Honda Atlas Cars (Pakistan) Limited (PSX: HCAR) posted a profit after tax of Rs828.44 million [EPS: Rs5.80] for the three-month period ended June 30, 2025, up 308.85% from Rs202.63m [EPS: Rs1.42] reported in the same period last year (SPLY).

This significant surge in profitability was driven by a 65.69% increase in sales, which reached Rs26.46 billion compared to Rs15.97bn in SPLY.

Despite a similar 61.69% rise in cost of sales to Rs24.19bn, the company more than doubled its gross profit, which clocked in at Rs2.27bn—an increase of 124.89%.

Administrative expenses rose sharply by 54% to Rs603.91m, while distribution and marketing costs increased 35.02% to Rs350.25m.

Other income also supported profitability, increasing by 60.87% to Rs553.03m. However, other expenses surged 530.19% to Rs210.24m.

On the positive side, finance costs declined by 29.41% YoY to Rs202.64m, indicating better financial management.

The company’s tax expense stood at Rs632.39m, marking a 412.09% rise from Rs123.49m in SPLY.

STATEMENT OF PROFIT OR LOSS FOR THE THREE-MONTH PERIOD ENDED JUNE 30, 2025 (Rs '000')

Item

25-Jun

24-Jun

%Change

Sales

26,461,970

15,970,341

65.69%

Cost of sales

(24,187,126)

(14,958,799)

61.69%

Gross profit

2,274,844

1,011,542

124.89%

Distribution and marketing costs

(350,247)

(259,396)

35.02%

Administrative expenses

(603,913)

(392,153)

54.00%

Other income

553,027

343,769

60.87%

Other expenses

(210,238)

(33,361)

530.19%

Finance cost

(202,640)

(287,085)

-29.41%

Profit before levy and taxation

1,460,833

383,316

281.10%

Levy

(57,199)

 

Profit before taxation

1,460,833

326,117

347.95%

Taxation

(632,394)

(123,492)

412.09%

Profit for the period

828,439

202,625

308.85%

EPS - Basic & Diluted (Rupees)

5.8

1.42

308.45%

 Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 172,399.90
320.00M
1.59%
2696.30
ALLSHR 103,927.90
888.16M
1.29%
1323.37
KSE30 51,428.16
185.27M
1.65%
836.84
KMI30 246,743.08
136.63M
1.75%
4243.24
KMIALLSHR 67,499.94
461.75M
1.34%
890.73
BKTi 46,974.29
67.03M
1.67%
773.64
OGTi 35,183.53
7.71M
0.85%
295.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,685.00 63,700.00
63,430.00
25.00
0.04%
BRENT CRUDE 86.80 89.90
85.80
-3.58
-3.96%
RICHARDS BAY COAL MONTHLY 123.00 0.00
0.00
1.10
0.90%
ROTTERDAM COAL MONTHLY 131.00 131.00
130.00
-1.75
-1.32%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 84.29 87.23
83.20
-3.42
-3.90%
SUGAR #11 WORLD 13.70 13.97
13.68
-0.09
-0.65%

Chart of the Day


Latest News
June 12, 2026 at 11:53 PM GMT+05:00

Petrol down Rs4/litre, diesel Rs2


June 12, 2026 at 09:29 PM GMT+05:00

Pakistan finalizes PIA, first Women Bank privatization


June 12, 2026 at 09:29 PM GMT+05:00

Transport receives largest PSDP share


June 12, 2026 at 08:55 PM GMT+05:00

Pakistan's power sector reforms deliver Rs143bn savings



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg