Karachi: Indus Motor Company Ltd. has released its financial results for the fiscal year ending June 30, 2026, revealing a significant increase in profitability despite an uptick in liabilities. The company reported a profit after taxation of Rs 25.51 billion, up from Rs 23.01 billion in the previous year, marking a notable financial performance improvement.
According to the company's statement of financial position, total assets decreased to Rs 178.89 billion from Rs 184.77 billion in 2025. The decline in assets was primarily due to a reduction in non-current assets, which fell from Rs 23.54 billion to Rs 20.46 billion. This was largely attributed to a decrease in property, plant, and equipment, which dropped to Rs 18.12 billion from Rs 20.42 billion. Meanwhile, current assets slightly diminished from Rs 161.24 billion to Rs 158.43 billion.
The company's liabilities, however, saw an increase. Non-current liabilities rose sharply to Rs 3.55 billion from Rs 180.71 million, driven mainly by the inclusion of a payable for the Sindh Infrastructure Development Cess (SIDC) amounting to Rs 3.41 billion. Current liabilities decreased to Rs 88.45 billion from Rs 107.64 billion, with notable changes in trade and other payables, which fell to Rs 47.21 billion from Rs 58.74 billion. Total liabilities stood at Rs 92.00 billion, down from Rs 107.82 billion.
Revenue from contracts with customers saw a significant increase, reaching Rs 258.75 billion, up from Rs 215.14 billion in 2025. This resulted in a gross profit of Rs 36.30 billion, compared to Rs 31.20 billion the previous year. The net profit from operations also improved, reaching Rs 27.32 billion from Rs 22.98 billion. Finance costs increased to Rs 370.28 million from Rs 263.73 million, contributing to a profit before taxation of Rs 42.81 billion, up from Rs 37.49 billion in 2025.
According to information available from the Pakistan Stock Exchange (PSX), Indus Motor Company's earnings per share increased to Rs 324.50 from Rs 292.74, reflecting the company's robust financial health and profitability.
Despite the growth in profit, taxation costs rose to Rs 17.31 billion from Rs 14.48 billion, impacting the overall profit margins. Nevertheless, the company demonstrated strong financial performance, indicative of its strategic management and operational efficiency. As per the financial report, the company's reserves increased significantly to Rs 86.11 billion from Rs 76.17 billion, signaling a solid capital base to support future growth.