Indus enjoying better margins

23 Feb, 2012

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INDUS MOTOR COMPANY LTD
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(Rs mn)             1HFY12    1HFY11    chg
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Net sales           32,999    26,828    23%
Cost of sales       30,524    25,463    20%
Gross profit         2,475     1,364    81%
Gross margin           7.5%      5.1%   48%
Operating income     2,647     1,504    76%
Operating margin       8.0%      5.6%   43%
PAT                  1,766       907    95%
Net margin               5%        3%   58%
EPS (Rs)             22.48     11.55    95%
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Source: KSE notice
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INDUS MOTOR COMPANY LTD
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units          1HFY12    1HFY11     chg
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Corolla        20,020    18,717      7%
Coure           1,884     2,959    -36%
Hilux           2,162       732    195%
Total          24,066    22,408      7%
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Source: PAMA
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