Karachi: The Directors of Ghandhara Industries Limited have released the unaudited financial statements for the quarter ending September 30, 2026. On October 29, 2026, the company disclosed its performance amid a challenging economic climate in Pakistan, marked by persistent inflation, high energy and input costs, and cautious consumer spending.

The truck and bus segment of the automotive industry recorded a growth of 46% for the quarter, as per data from the Pakistan Automotive Manufacturers Association (PAMA). Ghandhara Industries aligned closely with this industry trend, achieving a notable 44% rise in unit sales compared to the same quarter in the previous year. Consequently, the company has retained its leading position in the commercial vehicle segment, capturing an estimated 52% of the total market share for trucks and buses.

In financial terms, Ghandhara Industries reported net sales of Rs. 18.9 billion, a significant increase from Rs. 11.9 billion in the corresponding quarter of 2025. The gross profit reached Rs. 4.7 billion, compared to Rs. 2.8 billion in the prior year. The profit from operations was recorded at Rs. 4.107 billion, up from Rs. 2.523 billion. The profit before income taxation was Rs. 4.095 billion, rising from Rs. 2.506 billion in the previous year.

According to information available from the Pakistan Stock Exchange (PSX), the company's profit after income taxation amounted to Rs. 2.594 billion, up from Rs. 1.576 billion in the same quarter last year. The earnings per share, both basic and diluted, increased to Rs. 60.89 from Rs. 36.98, indicating a big move in financial performance.

Despite the economic headwinds, Ghandhara Industries has demonstrated robust financial health, reinforcing its position in the market and signaling continued resilience in the face of economic adversities.