Honda Atlas Cars Reports Significant Financial Shifts in Third Quarter

Karachi: Honda Atlas Cars (Pakistan) Limited has disclosed its financial results for the third quarter ended December 31, 2025, revealing significant shifts in its financial landscape. The report, issued following a Board of Directors meeting on January 27, 2026, underscores contrasting movements in various financial metrics.

The company's revenue for the three-month period ending December 31, 2025, stood at 84.98 billion rupees, compared to 50.41 billion rupees for the same period the previous year. This represents a very large or significant move of 68.67%. Honda Atlas Cars also reported a gross profit of 6.69 billion rupees, up from 3.88 billion rupees, marking a very large or significant move of 72.73%.

During the nine-month period ending December 31, 2025, sales amounted to 33.10 billion rupees, a substantial increase from 17.85 billion rupees in the same period of 2024. Cost of sales rose to 30.60 billion rupees from 16.20 billion rupees, while the gross profit increased to 2.50 billion rupees from 1.64 billion rupees, which constitutes a very large or significant move of 52.44%.

According to information available from the Pakistan Stock Exchange (PSX), the company's profit before taxation for the nine-month period was 3.79 billion rupees, compared to 1.80 billion rupees in the previous year, indicating a very large or significant move of 109.63%. The profit for the period was recorded at 2.23 billion rupees, up from 1.03 billion rupees, showcasing a very large or significant move of 116.98%.

The statement of financial position as of December 31, 2025, presented total equity and liabilities at 71.47 billion rupees, compared to 49.12 billion rupees as of March 31, 2025. The current liabilities increased to 44.08 billion rupees from 22.42 billion rupees. Non-current liabilities declined to 2.86 billion rupees from 3.26 billion rupees.

Cash flows from operating activities showed a significant cash outflow of 16.64 billion rupees for the nine-month period ending December 31, 2025, contrasting sharply with the cash inflow of 5.92 billion rupees reported for the same period in 2024. Cash and cash equivalents at the end of the period reflected a negative balance of 13.44 billion rupees as opposed to a negative balance of 76.54 million rupees in the previous year.

The Board of Directors announced no cash dividend, bonus issue, or right shares, maintaining a conservative approach amid the financial fluctuations. Honda Atlas Cars continues to monitor the economic conditions closely, adapting its strategies to navigate the evolving market dynamics.