Indus Motor profit rises 10% to Rs7bn, declares Rs56 dividend

October 28, 2026 (MLN): Profit after taxation of Indus Motor Company Limited (PSX: INDU) rose 9.90% year-on-year to Rs7.38bn for the three months ended September 30, 2026, compared with Rs6.72bn in the same period last year.

Basic and diluted earnings per share (EPS) increased 9.90% to Rs93.95 from Rs85.49 in the corresponding quarter last year.

Along with the results, the company announced a first interim cash dividend of Rs56 per share (560%) for the quarter ended September 30, 2026.

The growth came from a nearly 20% rise in revenue, higher gross profit and a rise in other income. A more than four-fold jump in finance cost and higher operating expenses partly offset the gains.

Revenue from contracts with customers grew 19.89% to Rs74.01bn from Rs61.74bn. Cost of sales rose faster, by 22.47%, to Rs62.70bn from Rs51.20bn, which limited gross profit growth to 7.32% at Rs11.31bn, compared with Rs10.54bn.

Distribution expenses increased 3.79% to Rs723.31m from Rs696.87m, while administrative expenses rose 5.07% to Rs898.24m from Rs854.92m. Other operating expenses grew 32.44% to Rs107.67m from Rs81.30m. Total expenses rose 5.89% to Rs1.73bn from Rs1.63bn.

Workers’ Profit Participation Fund and Workers’ Welfare Fund increased 11.04% to Rs763.46m from Rs687.56m. As a result, net profit from operations grew 7.30% to Rs8.82bn from Rs8.22bn.

Other income rose 11.06% to Rs3.22bn from Rs2.90bn, while finance cost increased more than four-fold to Rs203.75m from Rs49.70m.

Profit before taxation and levy grew 6.92% to Rs11.84bn from Rs11.07bn. Levy declined 68.70% to Rs0.52m from Rs1.67m, taking profit before taxation up 6.94% to Rs11.84bn from Rs11.07bn.

Taxation rose 2.36% to Rs4.45bn from Rs4.35bn, which left profit after taxation at Rs7.38bn.

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