Lahore: The directors of Sazgar Limited have presented their review for the first quarter ending September 30, 2025, highlighting significant achievements and ongoing economic trends. The period has been marked by a stabilization of the economy, leading to growth in key sectors.
On October 20, 2025, Sazgar Limited detailed that the Large Scale Manufacturing sector is showing signs of recovery, notably in textiles, automobiles, and cement. The economy has benefited from increased exports and remittances from overseas Pakistanis, which have bolstered foreign exchange reserves and supported the stability of the Pak Rupee. Despite a shortfall in meeting budgeted targets, the Federal Board of Revenue’s revenue collection has seen substantial growth compared to the previous year. Investor confidence has been reflected in the stock market’s bullish trend. The State Bank of Pakistan has maintained the policy rate at 11%, with a cautious approach in response to the inflationary effects of recent floods. The trade deficit has expanded due to a significant rise in imports during the reviewed period.
In the auto sector, expansion is evident with the entry of new players and the introduction of new vehicle models, especially electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs), aligning with government policies supporting New Energy Vehicles (NEVs). Sazgar Limited launched its first PHEV, the HAVAL H6 PHEV, in August 2025, which has been met with a positive market response. The sector recorded a 35.25% increase in sales volume, with the four-wheelers segment growing by 54.79%, and two and three-wheelers by 35.65% and 1.88% respectively. However, tractor sales declined by 42.74%.
Sazgar Limited achieved its highest-ever sales for the quarter, with net sales climbing from Rs. 26,331.99 million to Rs. 33,824.59 million, marking a very large or significant move of 28.47%. Gross profit rose from Rs. 7,620.64 million to Rs. 8,521.43 million, and pre-tax profit increased from Rs. 6,615.05 million to Rs. 7,243.25 million. The company’s earnings per share improved from Rs. 69.77 to Rs. 73.07. The sales composition was mainly four-wheelers at Rs. 31,675.02 million, three-wheelers at Rs. 2,017.87 million, and tractor wheel rims at Rs. 131.69 million. According to information available from the Pakistan Stock Exchange (PSX), these figures underscore the company’s robust performance in a competitive market.
The directors also declared an interim cash dividend of Rs. 15 per ordinary share, representing a 150% payout. The financial position of the company as of September 30, 2025, shows a total equity and liabilities of Rs. 61,677.09 million, compared to Rs. 41,736.86 million as of June 30, 2025. Total assets also increased to Rs. 61,677.09 million from Rs. 41,736.86 million.
The company remains optimistic about its future prospects, supported by favorable market conditions and strategic initiatives to leverage the growing demand for new energy vehicles.