IMC posts profit of Rs16.55bn in 9MFY25

KARACHI: Indus Motor Company (IMC) has reported a strong performance during the nine-months ended March 31, 2025, with its profit after tax increasing considerably to Rs16.55 billion, as compared to Rs9.41 billion from corresponding last year

Its total sales of CKD and CBU units increased by 57 per cent to 21,890 units, up from 13,922 units in the corresponding period last year. This surge is attributed to a recovery in consumer demand and the continued success of models like the Corolla Cross and Toyota Yaris, supported by timely feature enhancements and model updates. Net sales revenue rose to Rs145.53 billion, from Rs98.23 billion in the previous year’s same period. The earnings per share (EPS) stood at Rs210.62, compared to Rs119.67 from corresponding previous year. The company announced a third interim cash dividend of Rs50 per share, compared to Rs34 per share in the same period last year.

Ali Asghar Jamali, CEO of IMC, said that used car imports still represent a significant portion (29 per cent) of the local auto market by value in the current financial year. It is to be noted that during this period imports of used vehicles increased modestly by 6.0 per cent, totalling 29,590 units, compared to 27,859 units in same period last year.