Honda Atlas reports sharp rise in quarterly profit

News Image

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

0:00

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 148,617.78
624.60M
0.86%
1274.27
ALLSHR 91,685.08
1,340.28M
0.74%
669.39
KSE30 45,247.79
197.43M
0.83%
370.74
KMI30 212,370.79
224.51M
1.05%
2209.48
KMIALLSHR 61,227.89
711.87M
1.18%
715.56
BKTi 41,264.02
160.39M
0.54%
221.73
OGTi 30,019.10
23.63M
0.64%
190.41
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,265.00 113,390.00
108,020.00
-4475.00
-3.97%
BRENT CRUDE 67.46 67.94
67.29
-0.52
-0.76%
RICHARDS BAY COAL MONTHLY 88.70 88.70
88.70
-0.75
-0.84%
ROTTERDAM COAL MONTHLY 96.15 96.75
96.00
-0.40
-0.41%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.01 64.55
63.88
-0.59
-0.91%
SUGAR #11 WORLD 16.34 16.52
16.33
-0.14
-0.85%

Chart of the Day


Latest News
August 30, 2025 at 04:28 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


August 29, 2025 at 06:04 PM GMT+05:00

SCRA inflows offset Rs8.5bn net selling


August 29, 2025 at 05:46 PM GMT+05:00

SECP cuts bonus, right issue timelines



Top 5 things to watch in this week

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