IMC reports unaudited financial results for nine months

KARACHI: Indus Motor Company Limited (IMC) has announced its unaudited financial results for the nine months ended March 31, 2026, delivering strong growth in sales, revenue, and profitability amid improving economic conditions and a recovering automotive market.

According to the details released by IMC, during these nine months, IMC sold 33,572 CKD and CBU vehicles, a 53.4 percent increase as compared to 21,890 units in the corresponding period last year. The company’s market share stood at approximately 15.3 percent, driven by sustained demand for the Toyota Corolla and Toyota Yaris.

Net sales turnover rose to Rs 191.97 billion, up from Rs 145.53 billion in the same period last year same period. Profit after tax increased to Rs 19.39 billion, compared to Rs 16.55 billion, while Earnings Per Share (EPS) stood at Rs 246.80, against Rs 210.62 last year in the same period. The Board also declared a third interim cash dividend of Rs 51 per share, compared to Rs 50 per share in the corresponding quarter of FY 2024–25.

Furthermore, the Board of Directors, in its meeting held on April 24, 2026, has approved an additional investment of Rs 1 billion to further enhance the localization of parts and components, bringing the total investment in the localization project to Rs 5.1 billion.

The domestic auto sector also strengthened, with industry sales of locally manufactured Passenger Cars (PCs) and Light Commercial Vehicles (LCVs) rising 42.8 percent year-on-year to 144,029 units. However, industry utilization remains around 40 percent of installed capacity, highlighting the need for sustained demand and policy continuity.

Ali Asghar Jamali, Chief Executive Officer of IMC, said: “Our nine-month performance reflects strong market recovery, disciplined execution, and continued customer confidence in our products. Higher volumes, cost optimization, and increased localization have strengthened our financial results.

For the automotive sector to sustain this momentum, consistent government policy is critical. Stable regulations, rational taxation, and improved access to affordable financing will support local manufacturing, investment, and employment generation,” he added.

Copyright Business Recorder, 2026