Karachi, May 22, 2025 – Honda Cars Pakistan, officially known as Honda Atlas Cars (Pakistan) Limited, has announced a robust financial performance for the fiscal year ending March 31, 2025.
According to the company’s official filing with the Pakistan Stock Exchange (PSX), Honda Cars posted an after-tax profit of Rs2.71 billion, reflecting a notable increase of 16.31% compared to the Rs2.33 billion reported in the previous fiscal year.
The company’s earnings per share (EPS) also witnessed an upward trend, standing at Rs18.97 for FY2024-25 as compared to Rs16.34 in the preceding year. This strong financial performance was accompanied by a recommendation from the board of directors to issue a final cash dividend of Rs9 per share, further reflecting the company’s positive earnings momentum.
Honda Cars achieved a gross profit of Rs6.66 billion, a significant rise from the Rs4.51 billion recorded last year. This growth was supported by a substantial increase in revenue, which soared to Rs78 billion for the year under review from Rs55 billion in the previous fiscal period. However, this rise in revenue was accompanied by a sharp escalation in cost of sales, which jumped to Rs71.40 billion from Rs50.56 billion.
Despite the rising costs, Honda Cars managed to maintain profitability through controlled operating expenditures. Administrative expenses, although higher, increased moderately to Rs1.89 billion from Rs1.50 billion. Meanwhile, profit before tax and levies reached Rs3.27 billion, improving from Rs2.75 billion in the prior year.
On the taxation front, the company reported an income tax expense of Rs566 million, up from Rs419 million last year. This reflects increased earnings and compliance with tax regulations.
The financial performance of Honda Cars Pakistan in FY2024-25 demonstrates the company’s resilience and ability to grow in a competitive automotive market. The rise in profit, revenue, and dividend payout all indicate a strong demand for Honda vehicles and a stable operational strategy. As the local auto industry continues to face supply chain challenges and currency volatility, the performance of Honda Cars sets a positive precedent for the sector’s growth outlook.