Baluchistan Wheels posts around Rs205m profit for 9MFY25, up 26%

April 10, 2025 (MLN): Baluchistan Wheels Limited (PSX: BWHL) reported a profit of Rs205.24 million for the nine months ended March 31, 2025, reflecting a 25.61% increase from Rs163.39m recorded in the same period last year, according to the company’s condensed interim statement of profit or loss.

Earnings per share (EPS) for the period came in at Rs15.39, up from Rs12.25 a year ago.

The company’s net turnover rose 9.44% year-on-year (YoY) to Rs1.79 billion, compared to Rs1.64bn in the prior period.

The cost of sales grew 7.93% to Rs1.41bn, leading to a 15.41% improvement in gross profit, which stood at Rs379.75m.

Distribution cost declined by 13.34% to Rs53.77m, while administrative expenses increased 7.83% to Rs118.59m.

Other expenses also surged by 31% to Rs22.46m. However, finance costs fell significantly by 53.18% to Rs2.24m.

Other income contributed positively with a 21.31% increase to Rs116.8m. As a result, profit before taxation and levy rose by 29.45% to Rs299.49m.

After accounting for final taxes and levies of Rs2.55m and taxation of Rs91.71m, the company’s profit before taxation stood at Rs296.95m.