KARACHI: Indus Motor Company (IMC) reported strong financial results for the nine months ended March 31, 2026, with robust growth in sales, revenue, and profitability amid a recovering automotive market.
The company sold 33,572 CKD and CBU vehicles during the period, marking a 53.4 per cent increase from 21,890 units a year earlier. IMC’s market share stood at around 15.3 per cent, supported by sustained demand for its flagship models, including Toyota Corolla and Toyota Yaris.
Net sales rose to Rs191.97 billion, compared to Rs145.53 billion in the same period last year. Profit after tax climbed to Rs19.39 billion from Rs16.55 billion, while earnings per share increased to Rs246.80 from Rs210.62. The board declared a third interim cash dividend of Rs51 per share.
During the period, the company also approved an additional Rs1 billion investment to expand localisation of parts and components, bringing total investment under this initiative to Rs5.1 billion.
The broader economic environment showed signs of improvement, with GDP growth estimated at 3.5 per cent, inflation easing to 7.3 per cent, and foreign exchange reserves reaching $21.89 billion by the end of March.
Industry-wide, sales of passenger cars and light commercial vehicles rose 42.8 per cent year-on-year (YoY) to 144,029 units, although capacity utilisation remained around 40 per cent, indicating room for further growth.
“Our nine-month performance reflects strong market recovery, disciplined execution, and continued customer confidence in our products,” said Ali Asghar Jamali, chief executive officer of IMC. “Higher volumes, cost optimisation, and increased localisation have strengthened our financial results.”
He added that consistent government policies, rational taxation, and improved access to auto financing would be key to sustaining growth in the sector.IMC remains cautiously optimistic for the remainder of FY2025-26, while flagging risks from global oil prices, geopolitical uncertainty and supply chain pressures.
