Panther Tyres shifts into high gear

February 26, 2026 (MLN): Panther Tyres Limited (PSX: PTL) has achieved a significant milestone in its latest financial results, reporting a massive 256% increase in post-tax profit for the half-year ended December 31, 2025.

The company’s profit after tax surged to Rs657.5 million, up from Rs184.6 million in the same period last year, reflecting a strong recovery and improved operational efficiency.

As a result, Earnings Per Share (EPS) climbed sharply to Rs3.91 from Rs1.10.

PTL’s topline posted steady growth of 8.7%, exceeding Rs17.1 billion. However, the standout performance came from effective cost management.

The company limited the increase in Cost of Sales to just 4.75%, significantly below revenue growth. This discipline led to a 37% jump in gross profit, indicating that PTL is successfully navigating inflationary pressures while optimizing production efficiency.

Consequently, the Gross Profit Margin improved from 12.33% to 15.54%.

Beyond production, the company recorded a robust 46% increase in operating profit.

The bottom line also benefited from a 15.9% reduction in finance costs, which declined to Rs734 million.

Meanwhile, the taxation line showed a notable shift, from a tax credit of Rs60 million last year to a tax expense of Rs261 million this year.

Last year’s positive figure likely stemmed from the recognition of deferred tax assets or adjustments related to prior-year tax overpayments.

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