Ghandhara Industries Limited Reports Record Sales Amid Economic Recovery

Karachi: The Directors of Ghandhara Industries Limited presented the company's 63rd annual report and audited financial statements for the fiscal year ending June 30, 2026, indicating a significant upturn in sales and profitability. The report, dated September 21, 2026, highlighted the company's record sales and robust market position amid a recovering Pakistani economy.

During the fiscal year 2026, the Pakistani economy showed signs of stabilization, bolstered by improved macroeconomic conditions and stronger industrial activity. A notable increase of 61% in the truck and bus market was observed, with 8,424 units sold. Ghandhara Industries Limited capitalized on this trend, achieving its highest sales figures to date. The company attributed this success to meticulous planning and teamwork, which enabled them to maintain a leading market share in the region. Looking ahead, the company expressed its commitment to reaching new customers and exploring untapped markets to further solidify its position in fiscal year 2027.

Ghandhara Industries Limited, incorporated in Pakistan as a Public Limited Company and listed on the Pakistan Stock Exchange, focuses on the assembly, progressive manufacture, and marketing of ISUZU trucks, buses, pick-up trucks, and the newly introduced Zhongtong buses. According to information available from the Pakistan Stock Exchange (PSX), the company has continued to demonstrate its steadfast position in the designated market category.

The financial performance of the company for the year ending June 30, 2026, showcased a profit from operations amounting to 11.49 billion rupees. After accounting for a finance cost of 81.52 million rupees, the profit before tax stood at 11.41 billion rupees. With levies and taxation accounted for, the profit after tax reached 6.93 billion rupees.

Shareholders were informed of a recommended final cash dividend of 12 rupees per share, up from 10 rupees per share in 2025. The profit available for appropriation totaled 12.79 billion rupees, with the un-appropriated profit carried forward amounting to 12.28 billion rupees.

Despite the positive financial results, the company acknowledged several risks that could potentially impact its financial stability, including market competition, exchange rate fluctuations, interest rates, and broader economic and political conditions. The company emphasized the importance of these factors and their potential impact on future financial performance.