Indus Motor Co. sales for the period increased by 21.23%, amounting to a total of 31.21 billion Rupees during the three months ended September, 30th 2017
Company’s distribution expenses for the period increased by 53% to 311 million
The Profit after tax for the period increased 19.08% reaching 3.6 billion against last year quarterly profits of Rs. 3.04 billion
The company’s earnings per share reached rupees 46.17 against 38.77 rupees in 2016
Company declared a dividend of Rs. 30 per share at the rate of 300%
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30th 2017
Key Financials
2017
2016
% Change
Amounts in PKR ‘000
Net Sales
31,219,736
25,751,868
21.23%
Cost of Sales
25,776,884
21,573,398
19.48%
Gross Profit
5,442,852
4,178,470
30.26%
Distribution Expenses
311,210
203,781
52.72%
Administrative Expenses
279,045
220,512
26.54%
Other operating expenses
3,042
2,422
25.60%
Other income
856,365
874,207
-2.04%
Finance costs
152,671
11,403
1238.87%
Profit before Taxation
5,168,129
4,296,154
20.30%
Taxation
1,539,409
1,248,793
23.27%
Profit after taxation
3,628,720
3,047,361
19.08%
EPS – Basic and diluted
46.17
38.77
19.09%
Company release on Earnings Report can be accessed here.
