Honda Atlas Cars posts 16% rise in bottom line

News Image

MG News | May 22, 2025 at 12:30 PM GMT+05:00

0:00

May 22, 2025 (MLN): Honda Atlas Cars (Pakistan) Limited (PSX: HCAR) posted a profit after tax of Rs2.71 billion [EPS: Rs18.97] for the year ended March 31, 2025, up 16.08% from Rs2.33bn [EPS: Rs16.34] reported in the same period last year (SPLY).

The company declared a final cash dividend of Rs8 per share, representing 80%.

This growth in profitability came on the back of a 41.75% surge in revenue, which reached Rs78.07bn compared to Rs55.07bn in SPLY.

Despite a similar 41.21% rise in cost of sales to Rs71.4bn, the company managed to improve its gross profit by 47.82%, clocking in at Rs6.66bn.

However, other income declined sharply by 56.1% to Rs988.73m from Rs2.25bn in SPLY, weighing on overall profitability.

Administrative expenses increased by 27.66% YoY to Rs1.89bn, while distribution and marketing costs rose 23.69% to Rs1.13bn.

On the bright side, finance costs declined 14.54% YoY to Rs1.04bn, aided by better cost management.

The company’s tax expense stood at Rs565.63m, reflecting a 35.09% increase from the previous year’s Rs418.72m.

Financial Results for the Year Ended March 31, 2025 (Rupees '000')
Note Mar-25 Mar-24 %Change
Revenue from contracts with customers 78,065,659 55,071,323 41.75%
Cost of sales (71,401,700) (50,563,229) 41.21%
Gross profit 6,663,959 4,508,094 47.82%
Distribution and marketing costs (1,131,643) (914,883) 23.69%
Administrative expenses (1,889,358) (1,479,952) 27.66%
Other income 988,734 2,252,115 -56.10%
Other expenses (315,106) (393,635) -19.95%
Finance cost (1,041,813) (1,218,996) -14.54%
Profit before levy and taxation 3,274,773 2,752,743 18.96%
Levy   (127)  
Profit before taxation 3,274,773 2,752,616 18.97%
Taxation (565,632) (418,721) 35.09%
Profit for the year 2,709,141 2,333,895 16.08%
Earnings per share - basic and diluted (in Rupees) 18.97 16.34 16.10%

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 145,382.80
276.74M
-0.18%
-264.34
ALLSHR 89,824.60
544.97M
-0.09%
-81.76
KSE30 44,614.06
124.57M
-0.32%
-143.97
KMI30 206,959.19
132.52M
-0.48%
-1003.25
KMIALLSHR 59,977.48
292.56M
-0.38%
-231.21
BKTi 39,957.52
20.70M
-0.34%
-136.73
OGTi 30,661.68
43.11M
-0.07%
-21.38
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,425.00 0.00
0.00
470.00
0.40%
BRENT CRUDE 66.32 67.22
65.53
-0.11
-0.17%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 63.35 0.00
0.00
-0.53
-0.83%
SUGAR #11 WORLD 16.27 16.35
16.02
0.26
1.62%

Chart of the Day


Latest News
August 10, 2025 at 04:25 PM GMT+05:00

Weekly Market Roundup


August 09, 2025 at 02:09 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


August 08, 2025 at 07:48 PM GMT+05:00

SCRA records Rs.2.90 billion net purchase of securities



Top 5 things to watch in this week

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