Indus Motor Company Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 18,239.79 million compared to PKR 49,584.79 million a year ago. Net income was PKR 1,741.35 million compared to PKR 1,330.54 million a year ago. Basic earnings per share from continuing operations was PKR 22.15 compared to PKR 16.93 a year ago.
For the six months, sales was PKR 50,910.44 million compared to PKR 86,833.53 million a year ago. Net income was PKR 4,957.05 million compared to PKR 2,627.51 million a year ago. Basic earnings per share from continuing operations was PKR 63.07 compared to PKR 33.43 a year ago.
Indus Motor Company Limited is a Pakistan-based company, which is engaged in the assembling, progressive manufacturing, and marketing of Toyota vehicles. The Company also acts as the sole distributor of Toyota and Daihatsu vehicles in Pakistan. The Company’s factory is situated at Plot No. NWZ/1/P-1, Port Qasim Industrial Estate, Bin Qasim, Karachi. The Company’s segments are Manufacturing and Trading. The Company offers products, including Toyota Corolla Altis X, Toyota Yaris, Toyota Camry Hybrid, Toyota Corolla Cross, Toyota Fortuner, Toyota Revo, Toyota Hilux E (Standard), Toyota Hilux Single Cabin, Toyota Hiace Deluxe, Toyota Hiace and Toyota Coaster. In addition, the Company offers services, which include a Toyota protection plan, extended warranty, and prepaid periodic maintenance.
