Karachi, October 28, 2025 – Indus Motor Company Limited (IMC) has announced its highest-ever quarterly profit for the first quarter of FY26, driven by robust sales growth and improved margins.
According to the company’s financial results released on Tuesday, IMC posted a Profit After Tax (PAT) of PKR 6.72 billion (EPS: PKR 85.49), marking a 32% year-on-year (YoY) increase compared to the same period last year. This also represents the highest profit in the company’s history.
Alongside the stellar results, the automaker declared a record interim cash dividend of PKR 51.0 per share, surpassing the PKR 39.0 per share payout announced in the corresponding period of FY25.
During the quarter, net sales rose 48% YoY to PKR 61.74 billion, fueled by a 61% surge in volumetric sales to 9,889 units. Segment-wise, the Yaris, Corolla, and Corolla Cross lineup posted combined sales of 7,626 units (+67% YoY), while Fortuner and Hilux volumes climbed 41% YoY to 2,263 units.
Gross margins also strengthened to 17.1% during 1QFY26, up from 13.4% a year earlier and 13.3% in the previous quarter, reflecting better cost management and product mix optimization.
Meanwhile, other income dropped 35% YoY to PKR 2.9 billion, primarily due to a decline in interest rates and reduced short-term investments. Finance costs fell 20% YoY and 45% quarter-on-quarter, also benefiting from lower borrowing costs.
IMC recorded an effective tax rate of 39.3% in 1QFY26, compared to 38.5% in the same period last year and 38.2% in 4QFY25.
Market analysts maintain a “Buy” recommendation on Indus Motor (INDU), noting that the stock is currently trading at an attractive FY26 price-to-earnings multiple of 5.8x.
The company’s record-breaking quarter reflects strong consumer demand, improved efficiency, and resilient financial fundamentals, positioning IMC for continued momentum in the coming quarters.