Lahore: Panther Tyres Limited has announced the approval of its annual audited financial statements for the year ending June 30, 2026. The Board of Directors, in a meeting held on September 4, 2026, at the company's head office in Lahore, recommended a final cash dividend of Rupees 02 per share, equating to a 20% payout. This is in addition to interim dividends of the same amount already disbursed during the financial year.
The announcement comes ahead of the company's Annual General Meeting (AGM), scheduled for October 20, 2026. Shareholders listed in the company's register as of October 13, 2026, are eligible to receive the final dividend and participate in the AGM. The share transfer books will remain closed from October 14 to October 20, 2026.
Panther Tyres Limited reported total assets of 26.61 billion rupees, marking a significant increase from the previous year's 24.89 billion rupees. The company's non-current assets stood at 13.25 billion rupees, while current assets totaled 13.36 billion rupees.
The financial statements show revenue from contracts with customers at 36.34 billion rupees, up from 32.57 billion rupees in the previous year. Gross profit increased to 5.67 billion rupees from 4.26 billion rupees, reflecting strong operational performance. The net profit after tax surged to 1.31 billion rupees, compared to 431.63 million rupees in 2025. The comprehensive income for the year was 1.33 billion rupees.
According to information available from the Pakistan Stock Exchange (PSX), the company's financial position has shown notable improvements. The earnings per share increased to Rs. 7.82 from Rs. 2.57, highlighting a significant move in profitability.
The company's issued, subscribed, and paid-up capital remained at 1.68 billion rupees, with a share premium of 1.29 billion rupees. The total equity and liabilities matched the total assets, ensuring a balanced financial position.
In terms of market performance, Panther Tyres Limited's financial results are expected to positively influence its standing in the designated market category, with the potential for increased investor interest in the coming months.